Helping DB Plan Clients Enhance Portfolio Outcomes
A research paper examines three levers that DB plan sponsors can use to enhance portfolio outcomes in a low-interest-rate environment.
Tag: Defined benefit
PBGC Issues Technical Update on Reportable Events
The technical update specifically addresses active participant reduction event requirements.
PBGC Proposes Plan Termination Forms Be Filed Electronically
The agency is also proposing that plan sponsors be offered a pre-filing consultation.
Prudential and International Paper Enter PRT Transaction
The Prudential Insurance Company of America has agreed to provide a group annuity contract and take on approximately $1.3 billion in pension liabilities from International Paper, focusing on...
Small Percentage of DB Plan Obligations Have Been Settled
However, Rick Jones, with Aon, says, “Pension risk transfer is a trillion dollar market, and much more will be settled in coming year."
PBGC Provides Relief to Sponsors Affected by Hurricane Maria
DB plan sponsors have until January 31, 2018, to comply with certain reporting and payment deadlines.
Data Points
Larger Plans Offer Many Benefits
Companies midsized and up are likelier to offer NQDCs, HSAs and more
trendspotting
Frozen DB Plans Still Need Advising
Many ways a pro can serve a plan that's winding down
Wagner Aims to Fill Void Left by DLP
With the determination letter program gone, Wagner Law Group is helping plan sponsors remain compliant with the IRS.
PBGC Asking to Seek More Information From DB Plans on Form 5500
The agency says the additional information would help it with projections regarding its insurance programs.
Tool From MassMutual Assesses DB Plan Health
In addition, advisers can use the PensionSmart Analysis tool for prospecting DB plan clients.
DB Plan Sponsors Taking Actions to Avoid Increased PBGC Premiums
DB plan sponsors are accelerating funding of their plans and adopting more de-risking strategies, a survey finds.
Regulators Provide Relief for Hurricane Irma Victims
Loan and hardship rules, in addition to reporting requirements, have been relaxed.
DB Plan Sponsors Foresee More Robust PRT Activity
Fifteen percent say recommendations from their consultant or independent fiduciary is an important consideration when selecting an annuity provider.
IDL Investing Concept Makes Certain DB Plans More Desirable
For two types of DB plans, investment-driven liabilities (IDL) is almost risk free for plan sponsors, and at the same time, provides more meaningful benefits to participants, John...
U.S. Top-Ranked in Global Pension Assets
Willis Towers Watson finds North American funds showed the most noticeable annualized growth rate over the last five years.
Ascension Agrees to Settle Acquired Entity's Church Plan Suit
Similar to the settlement agreement regarding the Ascension plan, the agreement includes provisions that mimic the provisions of ERISA.
Closed DB Plan Nondiscrimination Relief Extended Further
The IRS and the Treasury Department expect that the final regulations regarding closed DB plans will not be published in time for plan sponsors to make plan design...
Older Workers' Retirement Security at Risk
Income from retirement accounts would replace a median 14% of pre-retirement income for workers between the ages of 55 and 65, a new study suggests.
PBGC Offers Substantial Detail on Hurricane Harvey Relief
The disaster relief announcement provides significant leeway relating to PBGC deadlines and penalties for impacted employers and sponsors, both for single and for multiemployer plans.