The Unpleasant Reality of Managing Vendors

Article     As sponsors of defined contribution and defined benefit plans, employers are responsible for ensuring that their plans comply with federal law—including the Employee Retirement Income Security Act (“ERISA”) and the Consolidated Appropriations Act...

AI: Beyond the Hype

Article Trustee boards and employee benefit plan committees must discern between fake and legitimate artificial intelligence (“AI”) enabled services as the hype for AI intensifies. To an increasing degree, vendors of critical infrastructure components like...

TPRM Uncovers Hidden Vendors

Article     Senior finance and human resources leaders need to be fully informed about who their employee benefit plans rely on for services because many third-party vendors now delegate primary functions to other contractors. These 4th (and nth) party...

Clarifying the Fee Rule

Article The Employee Retirement Income Security Act (“ERISA”) contains a provision that a contract or arrangement for employee benefit plan services and the fees for those services are reasonable, the so-called “Fee Rule.” It is not well...

Data Security

Article Data Security Policy is a Fiduciary Imperative It is reasonable to assume that finance and human resources executives consider protecting their employee benefit plans (“EBP”) participant data a vital duty. Questions remain unanswered, however,...
Visit Us On TwitterVisit Us On Linkedin