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Consolidation Corner Blog

Consolidation Corner is the Retirement Clearinghouse (RCH) blog, and features the latest articles and bylines from our executives, addressing important retirement savings portability topics.


May
07
2019

A Plan Metric Every Sponsor Should Track: Participant-Retained Retirement Savings

EBN

When evaluating their defined contribution plans, plan sponsors understandably look at standard benchmarks such as rate of participation, average deferral percentage, and average account balance. However, given the highly mobile nature of today’s American workforce, sponsors should also consider tracking the average percentage of retirement savings that participants retain during their job tenure, and when they leave to join another employer.

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Apr
08
2019

Cybersecurity is Augmented by Auto Portability

EBN

All companies that manage personal consumer data, regardless of where they are based or what industry they are part of, are right to be concerned about cybersecurity. The scope and scale of cyberattacks continue to increase around the world, as last year’s breach compromising 50 million Facebook users demonstrated.

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Jun
21
2018

Benefits Professionals: Avoid Becoming ‘Collateral Damage’ in a Cyberattack

Collateral DamageTo readers aware of the ongoing, intense media focus on cyberattacks, it should come as no surprise that multiple studies show that the frequency and sophistication of cyberattacks is increasing, rising dramatically in 2017.

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Jan
23
2018

The Crucial Role of the CSIRT

Computer Security Incident Response TeamBorn out of crisis, the modern Computer Security Incident Response Team, or CSIRT (pronounced ‘see-sert’) is responsible for coordinating the response to an organization’s computer security incidents. 

With cybersecurity threats everywhere, CSIRTs play an indispensable role in the retirement industry, and in the future, should become a vital component for facilitating industry-wide collaboration in the face of cyberattacks

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Jul
10
2017

Cybersecurity Meets Retirement Security

Cyber SecurityEveryone, it seems, is concerned about cybersecurity these days, and with good reason. Each week seems to bring a new round of headlines, making it clear that identity theft and criminal cyber activity have become persistent features of our lives. 

The victims of cyber-crime can be wide-ranging, including governments, industry sectors, corporations of all sizes and individuals. The sources of cyber threats are equally diverse, originating from rogue nation-states, crime cartels, “lone wolf” hackers and even disgruntled employees.

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Dec
10
2015

Don’t forget about your service provider’s internal security

Online Security With attention-grabbing headlines about major security breaches occurring almost daily, plan sponsors need to be assured that their service providers are on guard 24-7, protecting sensitive information and intellectual property, wherever it may reside.

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Jul
16
2015

SOC Examinations Designed To Provide Comfort


AICPA Service Organization Control Reports SOC SAS 70 Reports Logo
Gaining Comfort That an External Plan Service Provider Has Adequate Security and Controls 

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