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The New E-Delivery Rule: The Price of Simplification
Fred Reish, Bruce Ashton and Stephen Pennartz, via American Retirement Association [ARA] [Guidance Overview] Feb. 1, 2021 "Although the E-Delivery Rule promises to expand greatly the use of electronic delivery, retirement plans still retain a fiduciary duty to protect participants' personal information from cybertheft. Thus, retirement plans taking advantage of the new rule may face increased exposure to ERISA fiduciary breach claims alleging inadequate cybersecurity measures." |
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