Thus, where the proposed investment manager/QPAM only has, for example, $100 million of assets under management, and the assets of the pension fund managed by the QPAM have a value in excess of $20 million, a transaction between the pension fund and a party in interest would not meet the requirements for the QPAM exemption and the transaction would therefore be a prohibited transaction for which the trustees would have personal liability as fiduciaries.
The average salary of a marine biologist can range from $33,000 all the way up to $140,000, or about $2,750 to $11,667 a month, according to information from the Bureau of Labor Statistics. A marine biologist's salary can vary greatly based on a number of factors.
Though the average salary for a marine biologist is about $50,000, this is a field where experience counts. The more experience marine biologist have, the higher they can expect their salary to rise to. In some instances, marine biologists with over 10 to 15 years of experience may earn upwards of $80,000 annually.