Plans & Trusts: January/February 2024
Articles Include:
- The Emergence of Plan Sponsor Pharmacies
- The Role and Responsibilities of Professional Trustees
- Evaluating Cybersecurity Vulnerabilities
- Legal & Legislative Report
Additional Articles
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The Role and Responsibilities of Professional Trustees
Martha M. Henrickson and Gary A. Goddard
The traditional practice of appointing trustees for pension and health plans has faced challenges, with a shortage of volunteers and a need for specialized skills. As a result, there is a growing trend of employing professional trustees. The authors investigate who may be independent experts appointed by plan settlors or individuals chosen by sponsoring parties and their role. -
Evaluating Cybersecurity Vulnerabilities
Paul Catenacci
As the persistence of cyber threats grows, organizations and their employee benefit plans are attractive targets. The author discusses proactive measures that plan sponsors and trustees can implement to support an effective cybersecurity program.
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