Article: “An INHAM Audit Will Keep You Out Of Sticky Compliance Issues” by Laura Rosenberg & Ivan Strasfeld

Article: “An INHAM Audit Will Keep You Out Of Sticky Compliance Issues” by Laura Rosenberg & Ivan Strasfeld

A corporation’s own pension plan managed by the corporation’s in-house managers needs an independent audit in order to take advantage of the prohibited transaction relief provided by the INHAM class exemption. If the plan does not get a timely audit, the plan’s counterparties can owe lots of money.

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