Plan Design, Operations, Outsourcing
HR, Health Care, Post-Retirement
Economic Commentary, Investment Trends, Market Insights
Business Wins, Job Changes, Mergers and Acquisitions
Investments, Platform Enhancements, Tools and Services
Court Decisions, Legislation, Regulations
Industry Trends, Plan Benchmarks, Statistics
Attitudes and Behavior, Education and Advice
Milestone Group’s pControl will initially administer the automated allocation of daily cash flows and rebalancing of complex portfolios for SEI’s Institutional Group.
However, researchers identified an investment strategy that could have been used by investors in-house that would have resulted in similar returns.
Outsourcing investment management functions continues to evolve
Many committees do not have the expertise to select investments and should use outside help, SEI says.
More and more institutions, including those with greater than $1 billion in trust assets to invest, have embraced full-discretion OCIO service, according to Cerulli Associates.
Nearly 85% of pension plans paying PBGC premiums have less than 1,000 participants—so it only makes sense that small plans make up a significant proportion of the ERISA industry’s annual risk transfer business.
Instead of establishing an individual retirement account at a financial institution for each missing participant account, more plans would have the option of transferring benefits to PBGC.
As part of the enhancements, the Fiduciary Assure program provides retirement plan sponsors and advisers digital access to critical reporting information.
A plan sponsor does adviser due diligence—and finds the unexpected