Winning lawsuits against 401k plans have established precedents that are fueling more claims. Industry experts urge plan sponsors to examine the underlying basis of most of the claims. Doing so offers a roadmap for steering forward.   Minutia Matters...

  Executing the will and affairs of a deceased loved one has always been challenging—and cyber crime is making it even more so.  Attention to digital accounts, assets and passwords is increasingly important, as is preventing identity theft—or even having...

You are not alone if you find yourself cloudy on your fiduciary obligations as a plan sponsor. Retirement industry executives observe that very few plan sponsors deeply understand their fiduciary duties or how to protect themselves. Experts suggest these pragmatic...

Recently, the Missouri teacher’s pension fund was attacked—exemplifying just how vulnerable retirement funds are to cyberattacks. Cybersecurity experts provide practical advice to help plan sponsors protect the retirement savings of their employees and beneficiaries. Always Ask Questions Plan Sponsor reports:...

Identity Protection: Using Video To protect retirement accounts from fraudulent withdrawals, at least one service provider, BPAS, is implementing the use of live video to validate participant identity on some transactions. How might stepped up cybersecurity techniques benefit your plan...

ERISA experts urge plan sponsors to better monitor the cybersecurity practices of service providers. Although responsibilities may be delegated, your fiduciary obligation to provide the highest duty of care remains. Here’s what you need to know—and do.   What Are...

As a retirement plan sponsor, you know you have a fiduciary responsibility to ensure that the plan functions in the best interest of participants, but what exactly does that mean? Here’s a quick refresher. A Snapshot  If you find yourself...

When plan participants make complaints, take them seriously from the beginning. In addition to the threat of an ERISA lawsuit, you could also find yourself getting a call from the Department of Labor (DOL) to schedule a plan audit. Are...

Information about how ERISA litigation is playing out in courtrooms across the country helps retirement plan fiduciaries understand their increasing responsibilities. With the Department of Labor’s recent call to action on cybersecurity, fiduciaries from plans of all sizes are stepping...

   Can you even imagine living, caregiving and working right now without the connectivity that ever more and faster tech makes possible? Alas, with the benefits of new connectivity come increased responsibilities too.  More Connectivity Boosts Cyber Criminals Too Thank...