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Products June 10, 2009
Principal Introduces Tool for Reporting Fair Value Measurements
June 10, 2009 (PLANSPONSOR.com) - The Principal
Financial Group has unveiled an online, user-friendly tool to
help retirement plan sponsors comply with the new rules for
reporting fair value measurements of plan assets and the
process of getting those measurements.
Reported by Rebecca Moore
According to a press release, the Fair Value Measurement Analysis Tool walks financial professionals and their clients through the following Fair Value Measurement steps:
- Education about FAS 157 requirements and plan sponsor fiduciary responsibility,
- Performing the fair value analysis,
- FAS 157 disclosures,and
- Printing and filing valuation information.
The tool is available to plan sponsor clients of The Principal at no additional cost.
More information is available at www.principal.com .
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