Labels:book | reckoner | sky | tree OCR: A-107 (However, such asset need not be held in trust under the fiduciary responsibility rule. Additionally it 15 understood that assets placed in a separate account managed by a1 insurance company separately managed and the insurance company's pavments generally are based on the investment per- formance pt these particular ussets Consequently 11 surance companies are be responsible under the general fiduciary rules with respect to assets held under separate account contracts. and the assets these contracts are De considered as plan assets {but need insurance not be com held panie 1I trust} place some However, of to their own extent funds that i these separate account: to provide for contingen- cies, this separate aecount "surplus not to be sub- ject to the fiduciary responsibility rules Th ...
(.png)
