Crisis Management has been, historically, a function of the IT or Risk Management department for many companies and as social media continues to gain traction, savvy risk managers have incorporated social media into their crisis communication plans.
Social Media and Crisis Planning – Are You Keeping Up?
Posted by
Nick Sica on Jan 17, 2014 8:47:40 AM
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Topics: 401(k), BYOD, Cyber Risk, Enterprise Risk Management, Human Capital, Risk Management Blog, Social Media Risk, Strategic Risk Management, The ALS Group, Total Cost of Risk (TCoR)
The recent article in CFO magazine highlights a potential mine field for employers. In mid 2011, I wrote about the subject, the reasonableness of plan fees and the fiduciary responsibility sponsors have for their prudent management. Shortly, the Department of Labor will require specific fee disclosures which may send shock waves to participants already depressed at lackluster returns.
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Topics: 401(k), Fiduciary Liability, Risk Management Blog