cybersecurity Archives - 401k Plan Optimization, Compliance, Investment & Partners

Why 401(k) Sponsors Must Prioritize Cybersecurity

By Fred Barstein / 401k plan, Cyber Security, cybersecurity, cybersecurity insurance, DC Plan Sponsors, DC plans, erisa, Fiduciary, Retirement Plan Fiduciary

It’s no longer a question of if a retirement plan will be targeted by cybercriminals, but when. With vast amounts of sensitive personal data and...

Responding to Cyber Attacks: What Plan Sponsors Must Know

By Fred Barstein / Cyber Security, cybersecurity, cybersecurity insurance, DC Plan Sponsors, DC plans, DOL, DOL Guidance, erisa, ERISA Advisory Council, financial stress management, financial uncertainty, Financial Wellness

Cyberattacks don’t announce themselves. They slip through defenses quietly, often going undetected until participant data is already compromised. Most retirement plan sponsors assume their plan...

Annual Benchmarking Is a Must for Plan Sponsors

By Fred Barstein / 401k News, auto enroll, auto escalate, Auto Portability, Benchmarking & Fees (ERISA, retirement plan), Benchmarking & Monitoring Fees & Partners, Benchmarking Fees, Benchmarking Funds, Benefits integration, Communication, Compensation, Compliance, Consolidation, Convergence, cybersecurity, DC Plan Sponsors, Documents & testing, Due Diligence, Fiduciary, Fiduciary, Financial Advisors, Financial Wellness, investment, Recordkeeping, Regs and Regulators, Retirement Committee, Retirement Plan Fees

Evolving regulations mean plan sponsors continue to face increasing scrutiny when it comes to their fiduciary responsibilities. A recent analysis of 50,000 retirement plans in...

Voya’s Acquisition of OneAmerica: What Advisors Need to Know

By Fred Barstein / 401k News, acquisition, Benchmarking & Monitoring Fees & Partners, Change, Compensation, Convergence, Convergence & Advisor M&A, cybersecurity, DC Plan Sponsors, Fiduciary, Financial Wellness, investment, Plan Acquisition

Voya’s recent acquisition of OneAmerica’s retirement division is noteworthy, particularly due to the significantly lower price compared to previous industry acquisitions. This deal highlights the...

Important Considerations for Hiring a Retirement Plan Consultant

By Fred Barstein / 401k News, Adaptability, auto re-enroll, Benchmarking & Monitoring Fees & Partners, benefit education, Compliance, cybersecurity, DC Plan Sponsors, DC plans, Digital Tools, Due Diligence, Employee training, Fiduciary, Financial Advisors, Financial therapy, Financial Wellness, Retirement Advisor Specialist, Retirement Plan Consultants, Retirement Readiness

Working with a retirement plan consultant can help you design and offer a competitive retirement plan benefit to attract and retain top talent. A good...

The Crucial Role of Advisors in Cybersecurity Compliance

By Fred Barstein / 401k News, Cyber Security, cybersecurity, DC plans, DOL Guidance, Fiduciary, Fiduciary, Financial Advisors, Financial Wellness

Fred Barstein, CEO & Founder, TPSU/TRAU/401kTV with Adjunct Lecturer, Kim Cochrane – HUB International In today’s dynamic landscape of retirement planning, the emergence of cybersecurity...

Embracing Artificial Intelligence in Retirement Plans Is a Strategic Imperative

By Fred Barstein / 401k News, AI, artificial intelligence, cybersecurity, Digital Tools, Employee engagement

Artificial intelligence (AI) has emerged as a transformative force, offering numerous opportunities to enhance efficiency, accuracy, and participant experience in workplace retirement plans. A recent...

The Necessity of Cybersecurity Insurance for Fiduciaries

By Fred Barstein / 401k News, cybersecurity, cybersecurity insurance, DC Plan Sponsors, Fiduciary, Financial Advisors

The necessity for cybersecurity insurance for retirement plan fiduciaries has increased substantially due to the rise in cyber incidents since 2019. The cybersecurity insurance market...