Four misconceptions in the retirement community around Collective Investment Trusts (CITs):Myth #1: Performance for a strategy will be the same regardless of the investment vehicle.
The role of an advisor or consultant when working with clients is to help in selecting and monitoring collective investment trusts (CITs). Since this arena is still an emerging environment, not all asset managers have access to CITs. By working with plan sponsors, advisors can add value by introducing CITs for all investment options, which includes the cost structure differences between CITs and mutual funds.
As working from home becomes the new normal, organizations need strong cybersecurity measures to avoid becoming victims of costly cyberattacks. As the COVID-19 crisis unfolded, a wide variety of workforces transitioned to a remote environment. This move to working from home has changed the way employees interact with technology—and raised organizational cybersecurity risk.Hackers have already adapted their attacks to exploit people’s concerns about the COVID-19 pandemic.