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Cyber for Plan Sponsors 03.17.2022

Unauthorized Access: Data Protection

  Experts provide advice on the essentials of preventing unauthorized access to data for criminal use. Read on to understand what is included in a comprehensive cybersecurity plan and how every business can affordably secure…
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Unauthorized Access: Data Protection
ERISA 03.17.2022

Now What?

  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…
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Now What?
ERISA 03.15.2022

Get It Right: Fiduciary Duties

  ERISA law holds fiduciaries to high standards, which are actively enforced by the Department of Labor (DOL). Increase your awareness about what that means on a day to day basis as a plan sponsor…
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Get It Right: Fiduciary Duties
Cyber for Plan Sponsors 03.08.2022

What Exactly Is Cybersecurity?

  We all have the general sense that cybercrime is a threat to our money, identities and businesses but, for the most part, we cross our fingers and hope it won’t interfere with our to…
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What Exactly Is Cybersecurity?
ERISA 03.08.2022

Subpoena: Cybersecurity Records Please

  That’s what retirement plans are receiving from the Department of Labor (DOL). Given the stepped up expectations on cybersecurity over the past year, scrutiny of policies and practices is becoming part of the investigation…
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Subpoena: Cybersecurity Records Please
ERISA 03.04.2022

Missing Participants and Minimum Distributions?

  Plan sponsors are obligated to ensure participants receive their benefits on schedule. This includes following the Department of Labor’s guidance for arranging for missing participants to receive their requirement minimum distributions. Failure to make…
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Missing Participants and Minimum Distributions?
ERISA 03.04.2022

Intersecting: ERISA Law and Cybersecurity

The American Bar Association (ABA) advises retirement plan sponsors and administrators to pay more attention to cybersecurity. Specifically, sponsors and other fiduciaries are urged to heed the expanding body of litigation occurring at the intersection…
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Intersecting: ERISA Law and Cybersecurity
ERISA 02.24.2022

Ready?

  What might it look like if a lawsuit alleging excessive fees—and failure to adequately monitor service providers—landed on your desk? For starters, piles of plan documents and records—including minutes from meetings about the plan—would…
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Ready?
ERISA 02.24.2022

Summing Up: ERISA Litigation

  Law experts explain the uptick of class action suits alleging mismanagement of retirement plans by fiduciaries. Although courts have dismissed a few of the cases, most of the motions to dismiss have been denied….
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Summing Up: ERISA Litigation