Skip to main content

You are here

Advertisement

Nationwide Financial Sees Growing Interest for Fiduciary Services

Nationwide continues to see growing interest for third-party fiduciary services. Since introducing its ERISA 3(38) investment fiduciary service from IRON Financial, approximately 400 plans with more than $600 million in assets have opted to outsource the investment selection and monitoring process. Changing market dynamics and evolving regulation around the role and definition of a fiduciary has led many plan sponsors to seek help from outside professionals to ensure they are meeting their fiduciary obligations.

Advertisement