Insights and Analysis
AI-washing – when AI hype becomes a litigation risk
AI-washing – when AI hype becomes a litigation risk
As a result of Increased litigation and audit activity, plan sponsors need to protect themselves from personal liability by fulfilling their fiduciary responsibilities effectively. What are sponsors without the required expertise or time to devote to their plans to do? This program will discuss the increasingly popular outsourcing options available to plan sponsors who want to hire professionals to take over their responsibilities, and the limits, advantages, and disadvantages of these options. The panel’s speakers will explain alternatives for delegating fiduciary responsibilities to outside experts.