In the News

'False Pretenses,' Eight Ways to Help Thwart Fraudulent Theft of Participants' Assets, NAPA Net the Magazine

Spring 2021

Partner Matthew Hawes was quoted in a NAPA Net the Magazine article about how to protect retirement plan assets from fraud. Matthew says that while the courts have not yet “clearly defined” that retirement plan sponsors and advisors are expected to secure participants’ accounts, there are some best practices to protect the funds. Matthew advises that sponsors and advisors should look to take “preventative actions” against theft, including evaluating recordkeepers’ security procedures and advising participants on how to protect their individual accounts.

Read the full NAPA Net the Magazine article >>