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ERISA 04.22.2020

California and New Jersey Extend COVID-19-Related Deadlines

Citing the magnitude of the current pandemic, New Jersey has prolonged the deadline for contemplating its suggested fiduciary rule. The Garden State’s novel uniform fiduciary standard was declared on April 15, 2019; nonetheless, under the…
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California and New Jersey Extend COVID-19-Related Deadlines
ERISA 04.03.2020

The Basics of Fiduciary Liability Insurance

When it comes to the management of retirement plans, a fiduciary’s liability is often misunderstood. Fiduciary liability stems from the strict obligations set in place by the Employee Retirement Income Security Act of 1974, or…
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The Basics of Fiduciary Liability Insurance
ERISA 03.31.2020

Trump Enacts CARES Act to Combat COVID-19 Crisis

On March 27, 2020, President Donald Trump signed the ground-breaking CARES Act into law. Supported by the American Retirement Association, this coronavirus rescue package delivers extensive relief to individuals, small and large establishments, hospitals, and…
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Trump Enacts CARES Act to Combat COVID-19 Crisis
ERISA 03.13.2020

U.S. Facing Catastrophic Cyber-Attack, Says Federal Commission

U.S. Cyberspace Solarium Commission recently released a report announcing the U.S. is currently fronting a “catastrophic cyber-attack” that could result in permanent destruction exceeding that of severe floods, fires and hurricanes the country hasn’t seen…
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U.S. Facing Catastrophic Cyber-Attack, Says Federal Commission
ERISA 01.30.2020

Four Ways the Newly-Released SECURE Act Will Affect Your Retirement

President Trump recently signed into effect one of the most dynamic transformations to retirement planning in recent years. The SECURE Act, or the Setting Every Community Up for Retirement Enhancement Act, creates numerous provisions to…
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Four Ways the Newly-Released SECURE Act Will Affect Your Retirement
ERISA 01.22.2020

Why Do Plan Sponsors Need Fiduciary Liability Insurance?

When you’re in charge of managing a company’s employee benefit plans, you are entrusted with safeguarding the future of your employees. Nonetheless, if you make mistakes with plan management, even the most innocent error may…
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Why Do Plan Sponsors Need Fiduciary Liability Insurance?
ERISA 01.21.2020

Why Do I Need a Service Provider Bond?

A service provider is a business, organization, or individual who delivers legal, consulting, storage, communication, processing, or other types of services to customers.  Service providers are habitually outsourced or third party suppliers like telecommunication service…
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Why Do I Need a Service Provider Bond?
ERISA 11.20.2019

Why Buy Fiduciary Liability Insurance?

If your company offers a plethora of benefits to your employees including a pension plan, then you are a fiduciary, as is anyone who handles or verses the plan. However, did you know if a…
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Why Buy Fiduciary Liability Insurance?
ERISA 09.10.2019

TPAs Risk Drowning Without Efficient Technology

The role of the third-party administrator has changed greatly over the last decade. TPAs had to learn to become more efficient and provide more cost reduction than their competition in order to maintain business. Because…
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TPAs Risk Drowning Without Efficient Technology