Our Blog - Surety Matters

Our blog covering the latest in bonds and insurance
Displaying 202 results for: fiduciary liability
Cyber for Plan Sponsors 07.09.2021

Cybersecurity: DOL Audit Initiative

  Legal experts share a head’s up for plan sponsors: the Department of Labor (DOL) has begun an audit initiative based on the new cybersecurity guidance issued for retirement plans this spring. Here’s what you…
Read Moreabout Cybersecurity: DOL Audit Initiative

Cybersecurity: DOL Audit Initiative
ERISA 07.07.2021

Target Date Funds and Fiduciary Risks

  Pension plan experts remind plan sponsors that evaluating target date funds is a 401k fiduciary responsibility. Though the majority of 401k plans offer target date funds, many fiduciaries don’t know how they work. With…
Read Moreabout Target Date Funds and Fiduciary Risks

Target Date Funds and Fiduciary Risks
Cyber for Plan Sponsors 07.07.2021

Cybersecurity: Caught Off Guard?

  Retirement plans across the country are finding out that the Department of Labor is already working to enforce the cybersecurity guidance that was just issued this spring. Here’s what some plans are experiencing as…
Read Moreabout Cybersecurity: Caught Off Guard?

Cybersecurity: Caught Off Guard?
ERISA 06.28.2021

Inadequate ERISA Bond Coverage?

 A common and risky compliance issue for retirement plan sponsors is insufficient ERISA fidelity bond coverage. Experts explain some of the consequences, including the risk of being held personally liable for losses. Exposure Risks for…
Read Moreabout Inadequate ERISA Bond Coverage?

Inadequate ERISA Bond Coverage?
ERISA 06.28.2021

Due Diligence with Record-keepers

The consolidation in the record-keeping field makes it extra important for retirement plan sponsors to keep current with oversight and evaluation duties. For example, what do you know about the tech platforms and cybersecurity protocols…
Read Moreabout Due Diligence with Record-keepers

Due Diligence with Record-keepers
ERISA 06.21.2021

Save for Retirement—Then What?

Retirement experts are finding that despite the disruptions of the pandemic, employees are trying to focus on retirement saving—and planning. Increasingly, employees are looking for information about how retirement savings translate to retirement income. Plan…
Read Moreabout Save for Retirement—Then What?

Save for Retirement—Then What?
ERISA 06.21.2021

Carefully Moving Forward: Retirement Plans

As small businesses emerge from pandemic operations and work to evolve, experts caution retirement plan sponsors to allocate time to review the plan design, benefits and services. Participant needs are changing—and plan design options are…
Read Moreabout Carefully Moving Forward: Retirement Plans

Carefully Moving Forward: Retirement Plans
ERISA 06.21.2021

Fiduciary Responsibilities: A Quick Refresh

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…
Read Moreabout Fiduciary Responsibilities: A Quick Refresh

Fiduciary Responsibilities: A Quick Refresh
ERISA 06.16.2021

No Sign of Stopping: ERISA Lawsuits

Experts warn that ERISA lawsuits are continuing at a rapid, “cookie-cutter” pace. In particular, there has been a  rise in lawsuits against smaller plans. Plan sponsors, in addition to securing fiduciary liability protection, are advised…
Read Moreabout No Sign of Stopping: ERISA Lawsuits

No Sign of Stopping: ERISA Lawsuits