A Guide for the Prudent Fiduciary

Name: Work Video:
Duration: 3 min 30 s
Description: Extract Broadly speaking, the responsibilities of a pension plan fiduciary are to exercise care and loyalty. With these two responsibilities in mind, we present what we believe to be the minimum requirements fiduciaries must meet to fulfill their legal, and perhaps ethical, obligations in planning, staffing, and monitoring the plans that they serve. DUTY OF CARE DUTY OF LOYALTY
{'id': 'https://openalex.org/W4290837324', 'doi': 'https://doi.org/10.1093/019516590x.005.0001', 'title': 'A Guide for the Prudent Fiduciary', 'display_name': 'A Guide for the Prudent Fiduciary', 'publication_year': 2004, 'publication_date': '2004-11-11', 'ids': {'openalex': 'https://openalex.org/W4290837324', 'doi': 'https://doi.org/10.1093/019516590x.005.0001'}, 'language': 'en', 'primary_location': {'is_oa': False, 'landing_page_url': 'https://doi.org/10.1093/019516590x.005.0001', 'pdf_url': None, 'source': {'id': 'https://openalex.org/S4306463708', 'display_name': 'Oxford University Press eBooks', 'issn_l': None, 'issn': None, 'is_oa': False, 'is_in_doaj': False, 'is_core': False, 'host_organization': 'https://openalex.org/P4310311648', 'host_organization_name': 'Oxford University Press', 'host_organization_lineage': ['https://openalex.org/P4310311647', 'https://openalex.org/P4310311648'], 'host_organization_lineage_names': ['University of Oxford', 'Oxford University Press'], 'type': 'ebook platform'}, 'license': None, 'license_id': None, 'version': None, 'is_accepted': False, 'is_published': False}, 'type': 'book-chapter', 'type_crossref': 'book-chapter', 'indexed_in': ['crossref'], 'open_access': {'is_oa': False, 'oa_status': 'closed', 'oa_url': None, 'any_repository_has_fulltext': False}, 'authorships': [], 'institution_assertions': [], 'countries_distinct_count': 0, 'institutions_distinct_count': 0, 'corresponding_author_ids': [], 'corresponding_institution_ids': [], 'apc_list': None, 'apc_paid': None, 'fwci': 0.0, 'has_fulltext': False, 'cited_by_count': 0, 'citation_normalized_percentile': {'value': 0.0, 'is_in_top_1_percent': False, 'is_in_top_10_percent': False}, 'cited_by_percentile_year': {'min': 0, 'max': 61}, 'biblio': {'volume': None, 'issue': None, 'first_page': '289', 'last_page': '290'}, 'is_retracted': False, 'is_paratext': False, 'primary_topic': {'id': 'https://openalex.org/T10517', 'display_name': 'Financial Literacy, Pension, Retirement Analysis', 'score': 0.9956, 'subfield': {'id': 'https://openalex.org/subfields/1402', 'display_name': 'Accounting'}, 'field': {'id': 'https://openalex.org/fields/14', 'display_name': 'Business, Management and Accounting'}, 'domain': {'id': 'https://openalex.org/domains/2', 'display_name': 'Social Sciences'}}, 'topics': [{'id': 'https://openalex.org/T10517', 'display_name': 'Financial Literacy, Pension, Retirement Analysis', 'score': 0.9956, 'subfield': {'id': 'https://openalex.org/subfields/1402', 'display_name': 'Accounting'}, 'field': {'id': 'https://openalex.org/fields/14', 'display_name': 'Business, Management and Accounting'}, 'domain': {'id': 'https://openalex.org/domains/2', 'display_name': 'Social Sciences'}}, {'id': 'https://openalex.org/T12394', 'display_name': 'Insurance and Financial Risk Management', 'score': 0.9944, 'subfield': {'id': 'https://openalex.org/subfields/2002', 'display_name': 'Economics and Econometrics'}, 'field': {'id': 'https://openalex.org/fields/20', 'display_name': 'Economics, Econometrics and Finance'}, 'domain': {'id': 'https://openalex.org/domains/2', 'display_name': 'Social Sciences'}}, {'id': 'https://openalex.org/T10632', 'display_name': 'Housing Market and Economics', 'score': 0.9923, 'subfield': {'id': 'https://openalex.org/subfields/2002', 'display_name': 'Economics and Econometrics'}, 'field': {'id': 'https://openalex.org/fields/20', 'display_name': 'Economics, Econometrics and Finance'}, 'domain': {'id': 'https://openalex.org/domains/2', 'display_name': 'Social Sciences'}}], 'keywords': [{'id': 'https://openalex.org/keywords/duty-of-loyalty', 'display_name': 'Duty of loyalty', 'score': 0.89166534}, {'id': 'https://openalex.org/keywords/staffing', 'display_name': 'Staffing', 'score': 0.76593274}, {'id': 'https://openalex.org/keywords/duty-of-care', 'display_name': 'Duty of care', 'score': 0.622126}], 'concepts': [{'id': 'https://openalex.org/C2776697845', 'wikidata': 'https://www.wikidata.org/wiki/Q537098', 'display_name': 'Fiduciary', 'level': 3, 'score': 0.9858974}, {'id': 'https://openalex.org/C2779299062', 'wikidata': 'https://www.wikidata.org/wiki/Q5317581', 'display_name': 'Duty of loyalty', 'level': 4, 'score': 0.89166534}, {'id': 'https://openalex.org/C2777512617', 'wikidata': 'https://www.wikidata.org/wiki/Q1783605', 'display_name': 'Staffing', 'level': 2, 'score': 0.76593274}, {'id': 'https://openalex.org/C2776967331', 'wikidata': 'https://www.wikidata.org/wiki/Q1132131', 'display_name': 'Loyalty', 'level': 2, 'score': 0.7615038}, {'id': 'https://openalex.org/C2779103253', 'wikidata': 'https://www.wikidata.org/wiki/Q878070', 'display_name': 'Duty', 'level': 2, 'score': 0.7031344}, {'id': 'https://openalex.org/C144133560', 'wikidata': 'https://www.wikidata.org/wiki/Q4830453', 'display_name': 'Business', 'level': 0, 'score': 0.6613477}, {'id': 'https://openalex.org/C2776218876', 'wikidata': 'https://www.wikidata.org/wiki/Q1144694', 'display_name': 'Duty of care', 'level': 2, 'score': 0.622126}, {'id': 'https://openalex.org/C2776505523', 'wikidata': 'https://www.wikidata.org/wiki/Q4785468', 'display_name': 'Plan (archaeology)', 'level': 2, 'score': 0.49889517}, {'id': 'https://openalex.org/C2780899237', 'wikidata': 'https://www.wikidata.org/wiki/Q156223', 'display_name': 'Pension', 'level': 2, 'score': 0.4266701}, {'id': 'https://openalex.org/C190253527', 'wikidata': 'https://www.wikidata.org/wiki/Q295354', 'display_name': 'Law and economics', 'level': 1, 'score': 0.33727857}, {'id': 'https://openalex.org/C199539241', 'wikidata': 'https://www.wikidata.org/wiki/Q7748', 'display_name': 'Law', 'level': 1, 'score': 0.32583702}, {'id': 'https://openalex.org/C10138342', 'wikidata': 'https://www.wikidata.org/wiki/Q43015', 'display_name': 'Finance', 'level': 1, 'score': 0.20076492}, {'id': 'https://openalex.org/C17744445', 'wikidata': 'https://www.wikidata.org/wiki/Q36442', 'display_name': 'Political science', 'level': 0, 'score': 0.18057582}, {'id': 'https://openalex.org/C162324750', 'wikidata': 'https://www.wikidata.org/wiki/Q8134', 'display_name': 'Economics', 'level': 0, 'score': 0.17793107}, {'id': 'https://openalex.org/C162853370', 'wikidata': 'https://www.wikidata.org/wiki/Q39809', 'display_name': 'Marketing', 'level': 1, 'score': 0.14186633}, {'id': 'https://openalex.org/C166957645', 'wikidata': 'https://www.wikidata.org/wiki/Q23498', 'display_name': 'Archaeology', 'level': 1, 'score': 0.0}, {'id': 'https://openalex.org/C95457728', 'wikidata': 'https://www.wikidata.org/wiki/Q309', 'display_name': 'History', 'level': 0, 'score': 0.0}], 'mesh': [], 'locations_count': 1, 'locations': [{'is_oa': False, 'landing_page_url': 'https://doi.org/10.1093/019516590x.005.0001', 'pdf_url': None, 'source': {'id': 'https://openalex.org/S4306463708', 'display_name': 'Oxford University Press eBooks', 'issn_l': None, 'issn': None, 'is_oa': False, 'is_in_doaj': False, 'is_core': False, 'host_organization': 'https://openalex.org/P4310311648', 'host_organization_name': 'Oxford University Press', 'host_organization_lineage': ['https://openalex.org/P4310311647', 'https://openalex.org/P4310311648'], 'host_organization_lineage_names': ['University of Oxford', 'Oxford University Press'], 'type': 'ebook platform'}, 'license': None, 'license_id': None, 'version': None, 'is_accepted': False, 'is_published': False}], 'best_oa_location': None, 'sustainable_development_goals': [], 'grants': [], 'datasets': [], 'versions': [], 'referenced_works_count': 139, 'referenced_works': ['https://openalex.org/W128542693', 'https://openalex.org/W1481326093', 'https://openalex.org/W1482092918', 'https://openalex.org/W1484392012', 'https://openalex.org/W149661105', 'https://openalex.org/W1497956206', 'https://openalex.org/W1527642757', 'https://openalex.org/W1532702803', 'https://openalex.org/W1542636284', 'https://openalex.org/W1557230725', 'https://openalex.org/W1561265424', 'https://openalex.org/W1576006698', 'https://openalex.org/W1577218541', 'https://openalex.org/W1577789187', 'https://openalex.org/W158231970', 'https://openalex.org/W1591099623', 'https://openalex.org/W1599403011', 'https://openalex.org/W1727035934', 'https://openalex.org/W1782349811', 'https://openalex.org/W1851659917', 'https://openalex.org/W1860629475', 'https://openalex.org/W1893121456', 'https://openalex.org/W1935769857', 'https://openalex.org/W1946809697', 'https://openalex.org/W1964522033', 'https://openalex.org/W1969965438', 'https://openalex.org/W1970828190', 'https://openalex.org/W1974420444', 'https://openalex.org/W1974476837', 'https://openalex.org/W1977145788', 'https://openalex.org/W1979188279', 'https://openalex.org/W1982489143', 'https://openalex.org/W1986139262', 'https://openalex.org/W1990692480', 'https://openalex.org/W1991675125', 'https://openalex.org/W2004745733', 'https://openalex.org/W2006289023', 'https://openalex.org/W2007911472', 'https://openalex.org/W2012301648', 'https://openalex.org/W2015411589', 'https://openalex.org/W2015800048', 'https://openalex.org/W2016020734', 'https://openalex.org/W2016022846', 'https://openalex.org/W2016632234', 'https://openalex.org/W2023551295', 'https://openalex.org/W2026825962', 'https://openalex.org/W2038903399', 'https://openalex.org/W2039439672', 'https://openalex.org/W2040914993', 'https://openalex.org/W2044298381', 'https://openalex.org/W2047131646', 'https://openalex.org/W2047151338', 'https://openalex.org/W2051697130', 'https://openalex.org/W2056969124', 'https://openalex.org/W2063549221', 'https://openalex.org/W2064446887', 'https://openalex.org/W2066187538', 'https://openalex.org/W2068046750', 'https://openalex.org/W2068598464', 'https://openalex.org/W2070225810', 'https://openalex.org/W2073795163', 'https://openalex.org/W2075145522', 'https://openalex.org/W2081717017', 'https://openalex.org/W2085317472', 'https://openalex.org/W2092859083', 'https://openalex.org/W2093484322', 'https://openalex.org/W2093709818', 'https://openalex.org/W2098662999', 'https://openalex.org/W2103682888', 'https://openalex.org/W2103683789', 'https://openalex.org/W2110393192', 'https://openalex.org/W2111132182', 'https://openalex.org/W2112678798', 'https://openalex.org/W2124009661', 'https://openalex.org/W2128709261', 'https://openalex.org/W2137238402', 'https://openalex.org/W2139509806', 'https://openalex.org/W2143812894', 'https://openalex.org/W2146288277', 'https://openalex.org/W2146874824', 'https://openalex.org/W2152417838', 'https://openalex.org/W2153480665', 'https://openalex.org/W2153599323', 'https://openalex.org/W2153920944', 'https://openalex.org/W2154179876', 'https://openalex.org/W2156545174', 'https://openalex.org/W2159949482', 'https://openalex.org/W2162236540', 'https://openalex.org/W2165714389', 'https://openalex.org/W2168773015', 'https://openalex.org/W2171051495', 'https://openalex.org/W2176378198', 'https://openalex.org/W2177424201', 'https://openalex.org/W2179543893', 'https://openalex.org/W2186175890', 'https://openalex.org/W2335324686', 'https://openalex.org/W2504673332', 'https://openalex.org/W2570834760', 'https://openalex.org/W2606201845', 'https://openalex.org/W2735089467', 'https://openalex.org/W2890184331', 'https://openalex.org/W3115084465', 'https://openalex.org/W3121275215', 'https://openalex.org/W3121300545', 'https://openalex.org/W3121348809', 'https://openalex.org/W3121737315', 'https://openalex.org/W3122152812', 'https://openalex.org/W3122260906', 'https://openalex.org/W3123037349', 'https://openalex.org/W3123413558', 'https://openalex.org/W3123415553', 'https://openalex.org/W3123446927', 'https://openalex.org/W3123462387', 'https://openalex.org/W3123647866', 'https://openalex.org/W3123887750', 'https://openalex.org/W3123939938', 'https://openalex.org/W3124525953', 'https://openalex.org/W3124634564', 'https://openalex.org/W3124888329', 'https://openalex.org/W3124983021', 'https://openalex.org/W3125388642', 'https://openalex.org/W3126053034', 'https://openalex.org/W3126086198', 'https://openalex.org/W3126122605', 'https://openalex.org/W3165064679', 'https://openalex.org/W4232111244', 'https://openalex.org/W4235452906', 'https://openalex.org/W4235516727', 'https://openalex.org/W4235710693', 'https://openalex.org/W4239016955', 'https://openalex.org/W4240900396', 'https://openalex.org/W4244546206', 'https://openalex.org/W4249231241', 'https://openalex.org/W4252519795', 'https://openalex.org/W4298197499', 'https://openalex.org/W573909780', 'https://openalex.org/W600987522', 'https://openalex.org/W624265448', 'https://openalex.org/W627263192'], 'related_works': ['https://openalex.org/W52145040', 'https://openalex.org/W4311531311', 'https://openalex.org/W4297900497', 'https://openalex.org/W4283774170', 'https://openalex.org/W3122282406', 'https://openalex.org/W2967056132', 'https://openalex.org/W2741163579', 'https://openalex.org/W2375681303', 'https://openalex.org/W1902932792', 'https://openalex.org/W1534713241'], 'abstract_inverted_index': {'Extract': [0], 'Broadly': [1], 'speaking,': [2], 'the': [3, 29, 48], 'responsibilities': [4, 19], 'of': [5], 'a': [6], 'pension': [7], 'plan': [8], 'fiduciary': [9], 'are': [10], 'to': [11, 27, 35], 'exercise': [12], 'care': [13], 'and': [14, 39, 46], 'loyalty.': [15], 'With': [16], 'these': [17], 'two': [18], 'in': [20, 43], 'mind,': [21], 'we': [22, 25], 'present': [23], 'what': [24], 'believe': [26], 'be': [28], 'minimum': [30], 'requirements': [31], 'fiduciaries': [32], 'must': [33], 'meet': [34], 'fulfill': [36], 'their': [37], 'legal,': [38], 'perhaps': [40], 'ethical,': [41], 'obligations': [42], 'planning,': [44], 'staffing,': [45], 'monitoring': [47], 'plans': [49], 'that': [50], 'they': [51], 'serve.': [52], 'DUTY': [53, 56], 'OF': [54, 57], 'CARE': [55], 'LOYALTY': [58]}, 'cited_by_api_url': 'https://api.openalex.org/works?filter=cites:W4290837324', 'counts_by_year': [], 'updated_date': '2024-12-14T02:18:11.993590', 'created_date': '2022-08-12'}
Publication Information

Basic Information

Access and Citation

AI Researcher Chatbot

Primary Location

Authors

Topics

Keywords

Related Works
