Prudential Unveils IPS Scorecard

 

Prudential Investments has launched IPS Scorecard, a tool that helps financial advisers and their plan sponsor clients assess whether their fund lineups meet the criteria in their investment policy statements (IPS).

The IPS Scorecard provides institutional-quality reports that measure a range of selected criteria, including performance risk measures, portfolio manager tenure, expense ratios and others, according to a press release.

“Helping plan sponsors to employ and document good decision-making processes as they choose investment options for their organizations’ retirement plans may be the most important service a financial adviser can provide. That goes a long way to helping these clients address their fiduciary responsibilities,” said  Michael Rosenberg, who leads Prudential Investments’ defined contribution plan selling efforts.

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For more information, advisers may call the Prudential Investments Sales Desk at 800-257-3893 and view a sample IPS Scorecard on the password-protected section of the company’s Web site at http://www.prudentialfunds.com.

 

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