Cybersecurity has recently emerged as an important topic to address, especially in the world of retirement plans. Alex Whipple of AON Risk Solutions takes time to discuss the importance of cybersecurity, what type of data is at risk, and the potential liability to plan sponsors and recordkeepers in an event of a breach.
Understanding Fiduciary Roles & Responsibilities
Plan sponsors need to carefully identify who its plan fiduciaries are and make sure those fiduciaries are aware of their role. Senior Consultant Frank Szymanek discusses different types of fiduciary roles and their responsibilities.