March 24, 2025

Despite all the 401(k) media attention and national plan fiduciary discussion, plan sponsors continue to make very common mistakes year after year that are relatively easy to identify, fix and avoid with the right help.

Continued adoption of open banking, enhanced cybersecurity and evolving regulatory concerns shape what financial institutions must consider when developing their strategies. However, these areas also represent a tremendous opportunity for those who adapt.

The FFIEC Cybersecurity Assessment Tool (CAT) has been a critical resource for financial institutions to assess their cybersecurity preparedness.

Pete Townsend, the legendary guitarist, penned the song “Won’t Get Fooled Again,” and it was released by The Who in June of 1971. This song is universally regarded as one of the top 10 rock and roll songs of all time.

In recent years, “debanking” has emerged as a significant issue within the financial services industry. “Debanking” refers to the termination of or refusal to provide financial services to certain individuals, businesses or entire commercial sectors. As debanking becomes an increasingly public concern, federal and state governments are introducing new legislation and regulations to address the perceived problem of financial exclusion.