Learning the Basics
A core understanding of your fiduciary role can help keep you and your organization protected.
Ready to get started? We’ve made it easy by collecting the key information you need to know in one place here on PSW, but as always, if you have questions or need more information, contact your Fidelity Representative.
How to use this guide
You can begin with the first section, “Who is a Fiduciary?” and then follow each topic in order if you’re looking for an overview, or you can skip to specific topics by using the directory below
| Part 1: Fiduciary Rules | Part 2: Strategies to limit your liability | Part 3: Managing Your Fiduciary Responsibilities |
| Who is a fiduciary? | Process and documentation | Managing Your Fiduciary Responsibilities |
| What do I need to do if I am a fiduciary? | Compliance with ERISA Section 404c | |
| Delegation of fiduciary responsibility | Selection and monitoring of service providers | |
| Consequences of breach of fiduciary duties | ||
| Employee Retirement Income Security Act of 1974 (ERISA) Requirements |