A new research report and Catherine Collinson, with Transamerica Center for Retirement Studies, lay out steps all three can take to improve retirement confidence and readiness in America.
A plan advisory explains Employee Retirement Income Security Act (ERISA) rules for record retention and offers best practices for that and protecting personal information.
The University of Pittsburgh has found stories from peers resonate well with every employee group.
With most companies that track defined benefit (DB) plan funded status showing an improvement in April and for the year, some suggest plan sponsors consider whether it’s time for a risk transfer or to set off portfolio glide path triggers.
Asked what they plan to look for in asset management searches in the next 12 months, the majority of mid-sized defined benefit (DB) plan CIOs said better risk-adjusted returns, and they plan to turn to private equity, real estate and hedge funds.
Mike Sasso, with Portfolio Evaluations, and a professor at Boston University, explained a new way of thinking to get plan sponsors to focus on retirement income for participants.
Simplifying a defined contribution (DC) plan’s investment menu could encourage more employees to participate in the plan, sources say.
An analysis from the Society of Actuaries suggests the majority of defined benefit (DB) plan sponsors are making sufficient contributions to help reduce unfunded liabilities.
Pension plan sponsors have taken various actions to reduce their PBGC premiums in the last year, resulting in a decline in premiums paid in 2018 of $1.2 billion.
The firm has transferred $750 million in pension obligations to American General Life Insurance Company, part of AIG’s life and retirement business.
Working with recordkeepers that offer financial wellness programs can help a market of plan participants underserved by individual retirement advisers.
Meredith Ryan Reid, with MetLife, says the human element is also really important.
The latest report from Russell Investments shows the largest defined benefit (DB) plan sponsors have shifted more to fixed income investments and increased contributions as they continue to de-risk.
Wilshire Consulting also reports significant changes to state pensions’ allocations to equity and real assets over the past decade.
401(k) consultants and advisers offer insight on the sentiments they are seeing from plan sponsors and make suggestions.
A survey from AIG Life & Retirement found many people want to live to 100, but are concerned about their assets lasting that long; Robert Scheinerman, with AIG Retirement Services, offers suggestions for helping them prepare.