Plan sponsors should stress the need to save for retirement and allay fears about market volatility, among other things.
Defined benefit plans that use an LDI strategy faced less volatility over the year, and funded status improvements were helped by gains in risk assets.
Retirement plan experts offer advice to employers that are considering whether they should move to a pooled employer plan or stick with their single-employer plan.
There are several options for changing benefits and shifting costs, and proper communications can help avoid participant backlash.
A strong equity market rally in November gave defined benefit plan funded status a boost, but long-duration fixed income also performed well.
The grocer has withdrawn from a multiemployer pension plan, and a new variable annuity pension plan will provide benefits for future service of Kroger and Stop & Shop...
The future health and political landscape could make a big difference on assumptions used for calculations and defined benefit plan funding policy.
It’s important to know how advisers get paid, as well as whether those sources of income could cause a problem for retirement plan sponsors or participants.
Plan sponsors should tout the ways they are helping participants with their plan designs and good governance processes.
Higher contributions can be expected in the future and asset allocation makes a difference, according to firms that track defined benefit plan funded status.
Until guidance is issued about transferring amounts to state unclaimed property funds, plan sponsors will have to rely on the limited guidance already given.
Lifetime income projections, offering more control over assets and education about annuity pricing will help participants be more receptive to in-plan annuities.