Retirement plan sponsors have access to a plethora of data that can help them in making plan design and participant education decisions.
Fee-levelization and zero revenue sharing are the newest trends for retirement plan fees.
From the recent fiduciary rule hold to modern, advanced technology, panelists examine how participant advice has widely grown in the past years.
DB plan sponsors want to keep control of their plans as they de-risk.
Retirement plan sponsors have a fiduciary duty to help plan participants who terminate or retire and provide them the tools they need to best protect their assets.
Two retirement industry professionals reviewed best practices for investment committee members.
Addressing employees’ financial issues can help them free up cash to save for retirement, including long-term health care costs.
A partner at Ivins, Phillips & Barker discusses why defined benefit plan sponsors should consider accelerating their funding—and how to do so.
Drew Carrington and Michael Knowling review the 8 most talked about retirement industry topics.
“The pattern of improvement paused last month owing to a dip in discount rates, but aggregate funded status remains near a four-year high as the long bull market continues to persist,” says Matt McDaniel, a partner in Mercer’s US Wealth business.
Bing Waldert, a managing director with Cerulli Associates, says, "converting the 401(k) plan to an income platform is a step in taking DB [defined benefit] market experience and applying it to the 401(k) market.”
The plan to adopt a fee-leveling approach and rebate revenue sharing to participants comes as many institutions of higher learning face lawsuits challenging their 403(b) plan fees.
According to MetLife, the pension risk transfer (PRT) agreement involves pension obligations of $6 billion.
Firms that track defined benefit (DB) plan funded ratios also noted that slight gains in equity markets improved plans’ funded status during the month.
New DCIIA research put together in concert with a large group of retirement industry service providers highlights the crucial role plan design plays in terms of participants' decumulation decisions.