contents January -February 2021 / Regulatory & Compliance Issue COVER STORY 14 Are You Leaving the Door Open? Advisers may be overlooking points of entry to their data-what they can do to prevent cyber theft. LITIGATION 20 A Question of Liability When the rash of litigation yields scant legal precedent, what can advisers take away? INVESTMENTS 24 How 3(38) Advising Profits Clients Investment management turns up inefficiencies, takes on some risk, and more. PARTICIPANTS 28 The Tax Distinction Education on saving should include a tax talk, but what can advisers safely say? ADMINISTRATION 30 How to Choose a PEP As pooled employer plans go live, advisers assume a new guiding role. ANALYSIS 32 Plan Governance According to our survey analysis, sponsors may really need your help. EDUCATION 36 Continuous Education Plan committee members' fiduciary training should never end. ERISA VISTA 38 The Latest Word on ESG In terms of plan investing, fiduciary duty continues to come first. COMPLIANCE CONSULT 39 ESG Investing Under ERISA DOL narrows focus in final rule to pecuniary factors. in every issue 2 publisher's note 4 compliance news 8 trends 40 advisers giving back planadviser.com January-February 2021 | 1http://www.planadviser.com