21 November 2018 | Johannesburg, South Africa
4. Does the company identify a named person at senior management or executive committee level with overall responsibility for information management and cyber security? 5. Is the board or board committee responsible for cyber security issues?
On average, US and Australian companies performed the strongest on disclosure across all indicators. US companies scored better than those from other regions in terms of disclosing cyber security and/or information security as a key risk in company assessment plans (indicator 14). US companies also
Untangling the chain of stakeholder interests and incentives requires connecting the business objectives of plan sponsors with the growing demand for ESG incorporation by plan beneficiaries, while working within the fiduciary duty requirements of ERISA.
The ERISA retirement system brings together distinct stakeholders with diverse incentives and objectives. These range from the plan sponsors to pension consultants to the investment managers, independent advice providers and, ultimately, the plan beneficiaries.
Unlike public pension plans, private-sector retirement plans (including both DC and DB plans) must maintain compliance with ERISA regulations, specifically the fiduciary requirements, when selecting investment options.