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Fiduciary Responsibility Unclear When Handling Participant Data
401kTV
Mar. 5, 2020 "Fiduciary responsibility has blurred-lines around the use of participant data. Can your vendors use participant data to sell participants other products and services? ... The new focus on this issue reflects growing worldwide concerns over data privacy, but the jury is still out on whether such cross-selling to plan participants violates ERISA." |
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