One important step nonprofit leaders should consider is bringing on an auditor. Depending on the organization’s size and composition, there are different types of audits that can be conducted, with various levels of cost and complexity.

In this episode, host Heather Shanahan dives into all things audits with Certified Public Accountant Robyn Campbell. Listen as they discuss why—and how—supply and demand issues are impacting the industry, plus key questions to include when conducting an auditor request for proposal (RFP). 

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Previous Episode: Nonprofits and Cybersecurity

Brian Graff, chief executive officer of the American Retirement Association, unpacks the Department of Labor’s new fiduciary rule and the implications of the expiring Tax Cut and Jobs Act. Hear how these changes can affect retirement planning on episode 64 of Revamping Retirement with hosts Jennifer Doss and Peter Ruffel.

Subscribe to Revamping Retirement for more episodes with insights for plan sponsors.

It’s sad but true: Even nonprofits can fall victim to ransomware attacks. These cybersecurity breaches hinder an organization’s ability to function and can create immediate reputation damage.

To better understand these risks and how to combat them, Heather Shanahan welcomes Dr. Dave Chatterjee, a cybersecurity thought leader, and Jon Meyer, CAPTRUST chief technology officer, in this episode of Mission + Markets.

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Previous Episode: Fundraising Strategies in Higher Education

Episode 63

This month’s episode features an in-depth discussion on artificial intelligence (AI) between Dawn McPherson, Matt Patrick, and Mike Allen, Morningstar’s Head of Technology for Workplace Solutions. They explore AI’s evolving role in retirement planning, discussing its potential for personalized participant experiences, and operational efficiencies. 

Highlights include:

The episode ends with practical tips from Mike Webb for enhancing the 5500 annual report filing process for ERISA retirement plan sponsors.

Subscribe to Revamping Retirement for more episodes with insights for plan sponsors. 

Note: Mike Allen is an employee of Morningstar Investment Management LLC, a registered investment adviser and subsidiary of Morningstar, Inc.

Episode 62

In the latest episode of Revamping Retirement, Dawn McPherson and Jennifer Doss talk with Dan Aronowitz, president of Encore Fiduciary. The three dive into litigation trends, particularly in navigating the complexities of fiduciary liability and underwriting.  

Highlights include:  

Later, Mike Webb discusses the differences between reporting and disclosure for retirement plan sponsors in this month’s Minute with Mike.   

Subscribe to Revamping Retirement for more episodes with insights for plan sponsors.  

Episode 61

This month on Revamping Retirement, Dawn McPherson and Matt Patrick talk with Lisa Greenwald, CEO of Greenwald Research. The three discuss the impact of caregiving responsibilities on retirement readiness. Lisa highlights that caregivers face unique challenges that often aren’t addressed by employers and benefits providers, such as reduced work hours, job changes for flexibility, and financial strain. The episode also covers the landscape of retirement benefits more broadly, including trends to expand offerings for employee well-being, such as mental health and financial wellness programs. 

Later, Mike Webb talks about plan fees in this month’s Minute with Mike.  

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Last Month’s Episode: Episode 60: Plan Sponsor Predictions for 2024

This month, Heather Shanahan discusses higher education with Pete Lasher. Pete is senior vice president and higher education practice leader at Grenzebach Glier and Associates. The two discuss fundraising strategies, volunteers as donors, and honoring donor intent.  

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Last Episode: Values-Based Investing with Ethic

Episode 60

This month on Revamping Retirement, Jennifer Doss introduced new co-hosts Matt Patrick, Audrey Wheat, and Pete Ruffel.  

The four share their predictions for the year ahead as it relates to plan sponsors and the defined contribution space.  

Predictions include:  

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Last Month’s Episode: Episode 59: Auto-Portability with Neal Ringquist 

This month, CAPTRUST Senior Director of Endowments and Foundations Heather Shanahan talks with Anthony Marcozzi, associate director of relationship management at Ethic. 

Marcozzi explains Ethic’s approach to working with endowments and foundations, highlighting the importance of understanding an organization’s mission and values.  

He and Shanahan also discuss the challenges and opportunities in the impact investing space, like:

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Last Episode: Markets, with CAPTRUST’s Andy Marino | Nonprofits 

Ethic 

Episode 59

This month, CAPTRUST’s Jennifer Doss and Audrey Wheat are joined by Neal Ringquist, executive vice president and chief revenue officer for the Retirement Clearinghouse.

In this discussion on auto-portability, Neal emphasizes the advantages and benefits of auto-portability for both the participant and the plan sponsor.

These benefits include:

In Minute with Mike, Mike Webb talks about retirement plan eligibility for part-time employees.

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Resources:

Last Month’s Episode: Episode 58: SECURE 2.0 and More with Dr. Nari Rhee