Blogs

Article | 5 min |
On the surface, retirement readiness did not suffer significantly in 2020, according to a close examination of the 1.1 million participants in 1,076 plans reviewed for a recent white paper. Of course, the market experienced significant dips in the first quarter of 2020, but results were broadly positive the rest of the year. Overall, year-over-year retirement readiness was down fewer than two percentage points — concerning, but not devastating. The paper, John Hancock’s State of the Participant 2021, examined data for the year ending September 30, 2020, digging deeper to see how participants...
If you spend any time online, you’ve probably been the target of a phishing attack. This is when a scammer pretends to be from a reputable company to get you to reveal personal information they can use for their own gain. They do this through a number of communication mediums, including emails, website pop-ups, text messages and even mobile apps. Here are some tips to help you spot the most common phishing scams and take the necessary steps to avoid trouble. Common Email Phishing Scams Email phishing scams take on the appearance of a legitimate email. They may even appear to be from a company...
Article | 5 min |
Nearly one-third of retirement plan recordkeepers expect to increase their cybersecurity staff, according to a recent survey. According to findings in the latest Cerulli Edge U.S. Retirement Edition, the threat of retirement account fraud has increased in recent years — particularly during the remote work environment. As a result, 31% of plan recordkeepers intend to increase staffing capacity to address cybersecurity initiatives. According to the Cerulli report, the Internet Crime Control Complaint Center of the Federal Bureau of Investigation reported 791,790 cybercrime complaints in 2020 — a...