How often should a fiduciary committee charter be reviewed?

Last updated October 2, 2026

Review the charter on a documented annual cycle and whenever a significant change could make it inaccurate or incomplete. Annual review is a practical governance baseline, not a universal ERISA requirement — the committee should record that the review occurred, note any approved amendments, or note that none were needed.

Review the charter on a documented annual cycle and whenever a significant change could make it inaccurate or incomplete.

Annual review is a practical governance baseline, not a universal ERISA requirement. The committee should record that the review occurred, identify any approved amendments, and note when no changes were considered necessary.

Between annual cycles, certain events should trigger an off-cycle review.

Thanks for your feedback!

Related questions

Put these answers to work

Fiduciary In A Box can help centralize committee appointments, charters, training, conflict disclosures, meetings, minutes and follow-up evidence in one repeatable workflow.

See how FIAB works