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… Read Moreabout Unauthorized Access: Data Protection
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… Read Moreabout Now What?
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… Read Moreabout Get It Right: Fiduciary Duties
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… Read Moreabout What Exactly Is Cybersecurity?
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… Read Moreabout Subpoena: Cybersecurity Records Please
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… Read Moreabout Missing Participants and Minimum Distributions?
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… Read Moreabout Intersecting: ERISA Law and Cybersecurity
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… Read Moreabout Ready?
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…. Read Moreabout Summing Up: ERISA Litigation