Benefit Management Priority: Cybersecurity

Experts remind employee benefit plan managers that they have increased accountabilities for cybersecurity and must roll up their sleeves to work at the intersections of plan management and technology.   Mind The Gap Leaders at the FBI’s Cyber Criminal Division...

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Saving for Retirement: Technology Helps

  Retirement plan service providers have been investing in online tools and content to keep plan participants more engaged, informed and active in managing their paths to retirement. Recent research illustrates how digital experiences are increasing participant engagement in 401k...

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10,000 A Day?

  That’s how many Baby Boomers are retiring—each day. In 2024, the United States will have more 65 year olds then at any other time in history. Experts observe that those planning for retirement are facing once-in-a-generation challenges and unveil...

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The Duty of Prudence: 5 Compliance Actions

  The Supreme Court’s decision in Hughes v. Northwestern University earlier this year did not add or change fiduciary standards. Nevertheless, the case shone the spotlight on the duty of prudence by plan sponsors in accordance with the already high...

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Google Says: Notary Publics Are In

Google got curious about how people are hoping to make a living in the aftermath of the Great Resignation and, being Google, dug in to analyze our work related searches. Among the top most searched “how to become” jobs from...

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Stressed? How COVID-19 is Causing More Stress than Ever for Risk Managers

Stressed? Although many businesses are succeeding with work from home strategies to survive the COVID-19 crisis, their risk managers are experiencing more stress than before. Based on a study in July 2020, The Global Association of Risk Managers (GARP) reports:...

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The Benefits of the Partnership Account for Pension Professionals

If you are a pension professional, you understand how taxing it can be overseeing employee benefit plans. As retirement benefits and plans transform over time, fiduciary duties remain obscure and ever-changing.  This process can be even more difficult If you...

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401k: Operational Inertia? 

While many business owners focus heavily on the initial setup involved in sponsoring a 401k for employees—selecting a recordkeeper, choosing a fund menu, and enrolling staff—the ongoing administration of the plan often falls by the wayside as day-to-day business demands...

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Cybersecurity: Are You Managing The New Risks?

For retirement plan sponsors, cybersecurity continues to climb the list of concerns. The trillions of savings invested in retirement accounts is obviously a target for cybercriminals, and the growing use of AI in plan administration creates new vulnerabilities. Examine the...

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Cybersecurity Breach: Ask “Why?”

Not paying attention to why a cyber breach occurred paves the path for the next cyber breach. That’s why it’s essential for retirement plan sponsors to follow up with service providers after even a minor incident. Examining the cause is...

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