Confero Fall 2013: Issue 4 | Page 6

PUBLISHER’S LETTER confero A quarterly publication by Westminster Consulting A quarterly publication of fiduciary ideas by various contributors within the industry. Publisher Westminster Consulting, LLC. Editor-In-Chief Gabriella Martinez Contributing Editors Sean Patton, AIF® Thomas Zamiara, AIFA® Creative Director W elcome to our fourth issue of Confero, an issue dedicated to action and determination. We’ve entitle this edition, What Are You Waiting For? Larry Peters, CPA, EA discusses opportunities to de-risk pension plans and the various strategies available to plan sponsors. One particular strategy, Liability Driven Investing (LDI) has become a topic of much conversation among consultants and plan sponsor alike. Our last issue focused on the Tibble v. Larry outlines a number of necessary steps Edison decision and a number of viewpoints to be considered when implementing a LDI of this important case from our contributors. de-risking approach. The consistent take-away that seemed most prevalent was the unswerving application of Dave Bard, AIF®, challenges us to not the processes and procedures that fiduciaries to put off addressing many of the issues need to apply when making decisions. If imposed on plan sponsors when responding you missed this issue, please visit www. to the regulatory fee disclosures, commonly conferomag.com to view this and other coined, 408(b)(2). We are all very aware of past issues. the tugs and pulls that we are subjected to managing a business. 408(b)(2) has shed What Are You Waiting For?, comes on the bright light on the importance and effect heels of our Tibble edition as a call to action of fees on our participants accounts. Dave to investment fiduciaries to re-examine their highlights a number of constructive steps processes, committees, decision making plan sponsors along with their advisors can procedures, and overall fiduciary exposure ta