CyberAttack Risks on Defined Contribution Plans: Tips for protecting financial assets and preserving confidence in the system

It is not just about protecting financial assets; it’s about preserving the confidence in a system that In the landscape of modern financial security, defined contribution plans stand as fortresses safeguarding the future of the workforce. The towering $10.2 trillion in assets within these plans is a testament to the collective effort of countless individuals…

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DOL Confirms Cybersecurity Guidance Application: Tips for retirement and health and welfare plan fiduciaries to stay vigilant

On Friday, September 6, 2024, the U.S. Department of Labor (DOL) confirmed that its 2021 cybersecurity guidance extends to all employee benefit plans, including health and welfare plans. This clarification, issued through a Compliance Assistance Release, underscores the importance of robust cybersecurity practices across all sectors of employee benefits, not just retirement plans. The retirement…

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Fall Season: 5 Steps to a Secure Financial Future Take action and position yourself for a financially healthy winter and beyond

As the days grow shorter and the temperatures cooler, we are officially in the fall season—a time often associated with preparation, change, and reflection. Just as we prepare our homes for colder weather or harvest the final fruits of summer labor, fall is an ideal time to evaluate and prepare your financial future. Here are…

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In an Era of Fakes, How to Know When Someone Online Is Real

You’re on Facebook, LinkedIn or X and get a message. Maybe it’s from a stranger in your industry, maybe someone from your hometown claiming to know you from way back when. The person wants to reconnect or get your advice. This could all be wonderful. Or it could be the start of a scam. Unfortunately, security…

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