Westminster Consulting Brochure Defined Contribution & Defined Benefit | Page 10

Assessment of Current Fiduciary Structure
Evaluate current committee structure
Governance document review
Examine current processes & procedures
Identify priorities

2 Develop Governance Policies
Review delegation documentation
Review board resolutions
Review committee charter
Examine investment policy statement

3 Integrate Decision-Making Processes
Vendor and service provider evaluation
Investment line-up analysis
Assessment of fees and expenses
Document due-diligence

4 Document Committee Process
Thoughtful agenda creation
Consistent memorializing of committee minutes
Annual board report requirement

5 Ongoing Fiduciary Education
Updates of regulatory environment
Annual fiduciary training
Train to think and behave like a prudent expert

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Our Process

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