by Roland|Criss | Feb 27, 2024 | Retirement Plans
Article In its guidance for selecting service providers with strong cybersecurity practices, the U.S. Department of Labor’s Employee Benefits Security Administration (“EBSA”) requires plan sponsors to: “Look for service providers that follow a...
by Roland|Criss | Feb 27, 2024 | Retirement Plans
Article Not that long ago, advocacy groups for employee benefit plan (“EBP”) service providers began promoting the notion that “fiduciary excellence” related only to investment decision-making in pension and retirement plans. Revelations of...
by Roland|Criss | Feb 27, 2024 | Retirement Plans
Article Retirement plans qualified under the Employee Retirement Income Security Act (“ERISA”) should maintain certain policies, according to guidance provided by the Department of Labor (“DOL”). Having well-defined written policies and in...
by Roland|Criss | Feb 27, 2024 | Retirement Plans
Featured Insight In recent years, employers sponsoring retirement plans under the Employee Retirement Income Security Act (ERISA) have increasingly turned to co-fiduciaries to shield themselves from ERISA fiduciary legal liability. Co-fiduciaries, often seen as a...
by Roland|Criss | Feb 27, 2024 | Retirement Plans
Article Stable value funds and money market funds offer retirement plan participants the lowest level of risk (and investment returns) among investment options. Collectively, they fall into a general category, sometimes called capital preservation funds. A...