In the real world, employers—even employers that cover the retirement plan industry—have a business to run. Running the retirement plan, as important as it is, generally isn't part of that "core" business. Couple that reality with the demanding fiduciary requirements of ERISA, and the dynamics of a constantly evolving regulatory landscape, and it is easy to see why financial advisers have become indispensable members of the team for most workplace retirement plans.
There appear to be two great debates of our time: Is global warming (oops, I mean global climate change) real? How much do people need to save for retirement?
PLANSPONSOR.com news articles that also appeared in the Upfront section of the March issue
Are pension funds the real ownership society?
We all have them
We're at one of those "interesting" periods of time, where we have new laws, but lack clarifying regulations; we have proposed—but not yet final—regulations; and, in some cases, we don't (yet) have the new laws or regulations that would really make our lives easier.
Each month, Bells & Whistles highlights recent product introductions that plan sponsors may find of interest.
Few product innovations have been as well designed for the needs of retirement plans—and retirement plan participants—as asset allocation funds.
Online tools increasingly tailored to different life stages can help increase 401(k) participation
Securities lending emerges from the back office
A merger of unequal custody giants
Sandra C. Leister, Ph.D. v. Dovetail, Inc., Michelle Peterson and Evan Peterson
The Supreme Court lets a significant cash balance ruling stand
Default solutions versus human nature
New guidelines open door to advice
DoL issues investment advice FAB clarifying plan sponsor responsibilities
What kind of provider and adviser should you align your plan with?