Independent Plan Fiduciary definition

Independent Plan Fiduciary means a fiduciary with respect to a plan, which fiduciary has no relationship to, orinterest in, Aetna that might affect the exercise of such fiduciary’s bestjudgment as a fiduciary.
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Examples of Independent Plan Fiduciary in a sentence

  • Such Election continues in effect until revoked or terminated by the Independent Plan Fiduciary in writing.

  • The participation of Plans in the TRAK Program is approved by an Independent Plan Fiduciary.

  • An Independent Plan Fiduciary will receive a trade confirmation of each reallocation transaction.

  • If accepted as an investor in the TRAK Program, an Independent Plan Fiduciary of an IRA or Keogh Plan is required to acknowledge, in writing, prior to purchasing Trust shares that such fiduciary has received copies of the documents described above in subparagraph (k)(1) of this section.

  • The Adviser provides written documentation to an Independent Plan Fiduciary of its recommendations or evaluations based upon objective criteria.

  • With respect to a Section 404(c)Plan, written acknowledgement of the receipt of such documents is provided by the Independent Plan Fiduciary ( i.e., the Plan administrator, trustee or named fiduciary, as the recordholder of Trust shares).

  • If the Independent Plan Fiduciary notifies the Adviser, in writing, at any time within the period of 30 calendar days prior to the proposed Effective Date that such fiduciary does not wish to follow such revised asset allocation recommendation, the Allocation Model remains at the current level, or at such other level as the Independent Plan Fiduciary then expressly designated, in writing.

  • The Adviser generally gives investment advice in writing to an Independent Plan Fiduciary with respect to all available Portfolios.

  • If such Independent Plan Fiduciary elects in writing (the Election), on a form designated by the Adviser from time to time for such purpose, to participate in the Automatic Reallocation Option under the TRAK Program, the affected Plan or participant account is automatically reallocated whenever the Adviser modifies the particular asset allocation recommendation which the Independent Plan Fiduciary has chosen.

  • Such Independent Plan Fiduciary is required to represent in writing to the Adviser that such fiduciary is (a) independent of the Affiliated Entities and (b) knowledgeable with respect to the Plan in administrative matters and funding matters related thereto, and able to make an informed decision concerning participation in the TRAK Program.

Related to Independent Plan Fiduciary

  • Independent Fiduciary means an independent fiduciary who will serve as a fiduciary to the Plan in accordance with Article 3 that has no relationship or interest in any of the Settling Parties and is mutually agreed to by the Settling Parties.

  • Plan Fiduciary As defined in Section 5.3(o).

  • Independent Manager shall refer to a member of the Board that meets the standards of an “independent director” set forth in NASDAQ Marketplace Rule 4200(a)(15) (on any successor rule) with respect the Company, the Administrator and their respective affiliates. In the event a Special Committee is formed, the term “Independent Manager” shall, as the context requires, refer generically to each Independent Manager.

  • independent review committee means the independent review committee of the investment fund established under National Instrument 81-107 Independent Review Committee for Investment Funds;

  • Independent Committee means a committee of the board of directors of the General Partner made up of directors that are “independent” of Brookfield and its Affiliates, as contemplated by applicable securities Laws;

  • Independent provider means a self-employed person who provides services for which he or she must be certified in accordance with rule 5123:2-2-01 of the Administrative Code and does not employ, either directly or through contract, anyone else to provide the services.

  • Named Fiduciary means the Fiduciary or Fiduciaries named herein or in the Adoption Agreement who jointly or severally have the authority to control and manage the operation and administration of the Plan.

  • Independent living program means a program designed to assist a juvenile to enhance skills and abilities necessary for successful adult living and may include but shall not be limited to minimal direct staff supervision and supportive services in making the arrangements necessary for an appropriate place of residence, completing an education, vocational training, obtaining employment or other similar services;

  • Independent Fund Trustee means a trustee of the Trust who is not an “interested person” as that term is defined in Section 2(a)(19) of the 1940 Act.

  • Independent Fund Director means an independent director of an investment company advised by Invesco.

  • Independent representative means a person who:

  • Independent living services means services and activities provided to a child in foster care 14 years

  • Independent student means one whose parents have surrendered the right to his care, custody and

  • Non-Administrator Coordinated Home Care Program means a Coordinated Home Care Program which does not have an agreement with the Claim Administrator or a Blue Cross Plan but has been certified as a home health agency in accordance with the guidelines established by Medicare.

  • Licensed Independent Practitioner means any individual permitted by law and by the Medical Staff and Board to provide care and services without direction or supervision, within the scope of the individual’s license and consistent with individually granted clinical privileges.

  • Independent living means a planned program of services designed to assist a child age 16 and over

  • Professional employer services means services provided to a client company pursuant to a written

  • Independent review organization means an entity that is accredited to conduct independent external reviews of adverse benefit determinations.

  • Independent Person means a person appointed under section 28(7) of the 2011 Act;

  • Independent Manager Fee is defined in Section 4.01(a) of the LLC Agreement.

  • Non-Participating Clinical Professional Counselor means a Clinical Professional Counselor who does not have a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • Professional Conduct Committee means the professional conduct committee established by the Council in terms of section 12(2)(b);

  • Regulatory Oversight Committee means the committee of the Board constituted in accordance with Rule 204.

  • Professional employer organization means an employee leasing

  • Independent Adviser means an independent financial institution of international repute or an independent financial adviser with appropriate expertise appointed by the Issuer under Condition 5(j)(i).

  • Benefits Committee means the Employee Benefits Committee of Textron.