"Two tectonic forces" are on a collision course in California, says Tim Rouse, executive director of the SPARK Institute, which advocates on behalf of retirement plan providers. One stems from the larger digital economy, and consumers' and lawmakers' demand for greater privacy and protection of the data individuals generate online.
The other comes from the workplace retirement and benefits segment of the economy, and the growing consumer demand—from individuals and employer plan sponsors—for holistic financial direction tailored to individuals.
|Oops: CCPA's unintended consequences
In California, state lawmakers have been the first to take action to address what Rouse called the "justifiable movement around data privacy."
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.