Finding the right fiduciary partners
A few weeks ago, while looking for news about retirement plans, I happened upon a CNN Money article titled, “4 Money Problems That Didn’t Exist 50 Years Ago (and...
Many employers have come to realize that they may not have the requisite expertise to be a plan’s sole fiduciary.
The answer selected by the largest number of readers—38.3%—was “I will return to an insurmountable amount of work."
In the absence of a participant’s direction, plan sponsors that use automatic enrollment will invest that individual’s assets in a qualified default investment alternative (QDIA). Doing so shields the...
Summaries of the latest news from Washington and the courts—what’s coming, what’s contemplated and what’s critical for plan sponsors to know.
Articles that appeared in the Upfront section of the magazine.
A relatively unknown investment strategy may help participants respond to changes in the tax treatment of their savings: making proactive traditional-to-Roth conversions during their lower-income retirement years. This year’s...
From the latest trends in defined contribution (DC) plans, to repairing common plan errors using advanced programs, take a look at what experts were saying at the PLANSPONSOR National Conference this year.
Pulling assets out of a defined contribution (DC) plan during a severe market downturn is one of the worst actions a participant can take, says Jake Gilliam, a senior...
Forty-one percent of 401(k) investors say they are not offered, or do not know if they are offered, investment performance information by their adviser or their 401(k) provider, Phoenix...
New research from Prudential lays out the challenges that women in the U.S. face when planning for retirement: a longer life expectancy; the likelihood of being single at some...
While health savings accounts (HSAs) are not traditionally considered a retirement vehicle, the Department of Labor (DOL) has broadened the scope of conflict of interest rules to include these...
Written Financial Plan Unlocks Positive Behavior With written plan Without written plan 54% 33% 50% 24% 40% 19% 5% 26% 53% 67% Increased 401(k) contribution in the past year...
Want to know the drivers behind participant decisions? We asked.
DB plan sponsors have several ways to shrink benefit obligations
Plan sponsors should assess structured income
Understanding mutual fund share classes and various expense levels.
The best evidence of a prudent process.
Establishing a process to protect plan data
A plan sponsor lets participants pay back loans after leaving their job
The 30,000-foot view of employer-sponsored benefit programs and participant trends—what may stay and what may change.
The Department of Labor is still looking for ways to streamline and improve its new fiduciary rule, even though most provisions are now in effect.
Collective investment trusts, white labeling, smaller fund menus and “tiered” approaches are becoming the norm.
It is not always possible, even for the most carefully run retirement plans, to avoid getting dragged into ERISA litigation, and so having a clear response plan in place is essential.
“We are at a unique inflection point in history, with a number of forces converging simultaneously that are forever changing how we approach retirement,” argued Joe Ready, of Wells Fargo Institutional Retirement and Trust.
The time for evaluating a provider can also be opportune for revisiting services, fees and investment options.
The panel compared utilizing different financial wellness tactics with general financial education, ROI and more.
Who is the provider of your plan’s participant investment advice? Do managed accounts add enough value to overcome the additional cost? What do you think is the biggest challenge...