DC Plan Sponsors Seek to Keep Assets in Their Plans
Notably, more than 60% of employers want to keep retirees in their plan, and they are looking to change their targeted communications to inspire action, Alight Solutions found.
Tag: defined contribution plans
Plan Sponsors Turning to Financial Wellness Programs to Improve Retirement Security
Ten percent more employers than in 2016 that offer retirement programs are measuring the financial readiness of employees to retire, a survey found.
DCIO Providers Under Increasing Sales Pressure
Leading distributors are consolidating assets, and new groups are growing in influence.
Investment Focus
Active Management Still Key
The strategy accounts for $1.47 trillion of DC plan investments
Can Trade Wars Disturb the Retirement Industry?
As recent trade wars heat up, investors question what this means for the retirement industry.
Participant Loan Activity Appears to Have a Quarterly Seasonal Pattern
ICI finds the first quarter of the year tends to have lower percentages of DC plan participants with loans outstanding compared with later quarters.
Not All Fixed Income Vehicles Act the Same in Rising Interest Rate Environment
“By providing a more diversified set of fixed income options, plan sponsors can help participants be better equipped to weather any challenging market environment, such as the rising...
Many Gen Xers, Gen Yers Maxing Out Retirement Savings
They deferred 90% or more of the maximum that could be invested in a defined contribution (DC) plan in 2017.
PGIM Advocates for Institutional Approach to DC Investing
PGIM suggests DC plan sponsors look to the investing approach of defined benefit (DB) plans, endowments, sovereign wealth funds, insurance company general accounts, sophisticated wealth management platforms and...
ARA Study Shows How E-Delivery Would Benefit DC Plan Participants
The ARA says e-delivery can lead to increased saving and investing.
Council Recommends Simplifying Mandated Retirement Plan Disclosures
The ERISA Advisory Council has provided the DOL with recommendations for design and delivery improvements with respect to the Summary Plan Description, the Annual Funding Notice and the...
U.S. Retirement Market Has Greater Propensity Towards Home Bias
According to Willis Towers Watson’s Thinking Ahead Institute’s 2018 Global Pension Assets Study, the institute sees shifts in investment models for retirement plans across the globe.
Plan Sponsors Need Help Managing Concerns and Priorities
“It is so important to partner with providers to take some things off plan sponsors’ desks,” says Melissa Musial, marketing research and data manager, retirement services, at OneAmerica.
Tax Reform Is Leading Some Plan Sponsors to Enhance Benefits
More than one-quarter of organizations have or are planning or considering increasing 401(k) contributions, Willis Towers Watson finds.
More DC Plan Sponsors Lowered Fees After Reviews in 2017
In the majority of cases, the plan’s consultant/adviser conducts the benchmarking (82.8%)—higher than in prior years, Callan finds.
PBGC Offers Missing Participants Program to DC Plans
A final rule opens the current program to terminated DC plans and small professional service defined benefit plans.
MassMutual Offers RetireSMART Ready App
The app generates a personal projection of monthly income in dollars or, if preferred, shows the progress towards a stated financial wellness goal in retirement as a percentage...
2017 a Light Year for Required Plan Amendments
Experts remind retirement plan sponsors of deadlines for 2017 year-end, and also offer some tips.