Jennison Dryden Offers 401(k) Fiduciary Tool for Advisers

Jennison Dryden Mutual Funds, Prudential Financial's proprietary fund family, has introduced the Investment Monitor, a diagnostic plan-level review that helps financial advisers meet their 401(k) fiduciary responsibility. Investment Monitor provides reports for financial advisers to determine if the investments are performing as expected against their relevant benchmarks and peer groups.

Investment Monitor includes various technical measures, such as standard deviation, alpha and Sharpe ratios, and risk/return and style analysis for mutual funds from any provider. It aims to help financial advisers save time, cut down on administration duties, improve client relations, comply with regulatory mandates and differentiate themselves from competitors.