FT MarketWatch

Prudent Expert Act

Revised version of the prudent man rule required by ERISA to guide managers of Pension and Profit sharing Portfolio. The main addition is that the Manager must act as someone with familiarity with matters relating to the management of Money, not just prudence.

Related Terms: 8 ERISA, Money, Manager, Profit, Portfolio, Pension, RSI, Ring
Other Related Pages: Category: Retirement Starting With: P
Additional Related Terms: 10-Q, 30-day wash rule, Asset management account, Accrual of discount, Active management, Amortization of premium, At par, All or any part, At best, At call