Nicholas Pension Consultants
Compensation Strategies Group, Ltd.
Nova 401(k) Associates
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|Misuse of Participant Confidential Data|
The Wagner Law Group
Nov. 3, 2021
"There have ... been recent ... actions by the [SEC] against service providers who use confidential participant data to cross-sell their own products in the rollover context.... [T]he DOL has been very concerned with the practice of cross-selling in the rollover context as well, and it seems that the DOL is expressing the same concerns in its plan audits."
|Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above).|
|An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).|