ComplianceSeptember 28, 2016
A federal appellate court found that while plaintiffs claimed to have met new standards in their amended complaint, they did not offer facts to support their allegations.ProductsSeptember 28, 2016
Global consulting firm Mercer will assume the role of named fiduciary and plan administrator for plan sponsors using the platform, and it will also assume responsibility of investment decisions.Data and ResearchSeptember 28, 2016
The majority would sacrifice some pay for workplace access to guaranteed retirement benefits, a survey finds.AdministrationSeptember 28, 2016
SEI contends most companies can handle maintaining a DB plan for less than the cost of offloading it, but there are individual factors to consider.Data and ResearchSeptember 28, 2016
NerdWallet suggests a higher savings rate than the currently recommended 15% of income in order to make up for lower annual average market returns.Data and ResearchSeptember 28, 2016
Millennials, for example, are more bullish about the market, but less confident about their own retirement prospects.ProductsSeptember 27, 2016
A group of financial adviser certification and advocacy groups are teaming up with local governments across the U.S. to provide no-cost financial planning throughout October. ProductsSeptember 27, 2016
Through this new platform, retirement plan sponsors can exchange best practices for educating participants and boosting engagement.
ComplianceSeptember 27, 2016
The lumber producer made changes to its health care plan, falling out of “grandfathered” status under the ACA, but kept administering it as a “grandfathered” plan.Ask the experts: (b)LinesSeptember 27, 2016
“I work for a rapidly-growing nonprofit that just two years ago had a handful of employees; now, we have more than 100. We have sponsored an Employee Retirement Income Security Act (ERISA) 403(b) plan since the inception of the firm. Are there areas of plan governance to which a growing firm such as ours should pay particular attention?”ComplianceSeptember 26, 2016
Among other things, a federal district court held that “appropriate equitable relief” under ERISA Section 502(a)(3) may extend to remedy inequitable conduct pertaining to a supposed waiver of plan rights.ComplianceSeptember 26, 2016
The SEC says whether offering a brokerage window in a 401(k) through which investments in employer securities can be made involves an offer of employer securities requiring Securities Act registration depends on the extent of the plan sponsor’s involvement.Data and ResearchSeptember 26, 2016
A study shows that employees in high-deductible health plans are foregoing care because of the cost, and this could result in more catastrophic and disability claims.