Automating Fiduciary Controls

ERISA fiduciary compliance is a huge undertaking, is easily misjudged, relies heavily on manual labor, and in most cases is undermined by a lack of documentation. Making use of an automated process for fiduciary duty can reduce costs for an ERISA plan and its...

Seek Fiduciary Risk Assurance Backward

We’ve studied the effect that adoption of a regulatory risk management (“RRM”) system has on enterprises that sponsor ERISA plans.   Simply, the best fiduciary risk management designs originate backward from the outcomes sought. The most effective benefit plan...

Action Plan for Monitoring Vendors

Many enterprises that sponsor retirement plans have learned the hard way that the U.S. Department of Labor is serious about enforcing ERISA’s principle for monitoring their plans’ vendors.   Admittedly, it seems unfair of ERISA to introduce such a...
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