In the broad arena of compliance, no area is fraught with more potential difficulties than asset management. It’s axiomatic that any time one group of individuals entrusts property or liquid assets to another, the potential for recriminations runs high. This is especially true with respect to retirement funds, since nothing is more likely to provoke feelings of anger and instability as telling those who’ve worked a lifetime that money they counted on to care for themselves and their families after they retire has disappeared.
