The money must be transferred directly from the company 401(k) to an inherited IRA administered by a mutual fund company or other financial trustee.

FORBES: Survivor Alert

While one or more trustee at a given fund might have concerns, still the Boards did not want to acknowledge the problem.

FORBES: The Long Overdue Florida Public Pension Clean-Up (November 21, 2007 )

The idea is for BP to turn its assets over to a fund administered by an "independent" trustee who would decide what are legitimate damage claims from Gulf residents and businesses.

WSJ: Obama's Political Oil Fund

DiNapoli, acting as trustee of the state pension fund, in November filed a shareholder resolution calling on the company to analyze whether it would reduce its long-term liability by removing contaminated sediment outside the current cleanup zone.

WSJ: GE to study Hudson River cleanup expansion

Diann Shipione, a trustee of the San Diego fund who for years has raised concerns about possible conflicts of interest involving Callan, said recently that the firm tried to obscure its role in an ongoing SEC review of the pension-consulting business.

FORBES: The Heat is On Pension Consultants (May 2, 2004 )

At the time Doctor Yusuf was a trustee of a charity called the Palestine and Lebanon relief fund.

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The losers in this showdown between trustee, his board and the consultant are the participants in the fund.

FORBES: Consultant Refuses to Disclose Manager Brokerage to Pension - Asserts Duty to Protect Confidentiality of Its Brokerage Clients! (November 1, 2001)