Westminster Consulting Brochure General | Page 17

BEST PRACTICES ETURNS TO THEIR ENCHMARKS Identify and Prevent Conflicts of Interest MINUTES SHOULD INCLUDE: Attendees ND MONITOR S INVESTMENTS ONITOR: BLENESS OF EES pare to pendent hmarks DOCUMENT EVERYTHING PLAN DESIGN Make sure plan design meets current needs and remains in compliance Questions TO ASK: • HOW ARE SERVICE PROVIDERS BEING COMPENSATED? • HOW DO INVESTMENTS COMPARE VS. IPS CRITERIA? • DOES OUR COMMITTEE UNDERSTAND THEIR FIDUCIARY DUTY? TOPICS COVERED Key Questions or Discussions Decisions Made Re-engineering Fiduciary | 15