Retirement Plan Features to Consider Pruning
Some features make administration unnecessarily difficult, while others could derail participants’ retirement readiness.
Administration
Components of Annuity Pricing
The costs of annuities depends on the type and the amount of flexibility.
What States Are Doing to Offset Lower Assumed Returns
Shifts in investments and changes to employer contributions are being used to mitigate the funded status effects of lower return assumptions.
Most DB Plans Saw Little Funded Improvement in 2019
Plan sponsors will need to consider whether in 2020, as in 2019, stock market returns will be great enough to offset rising liabilities from interest rate decreases.
McClatchy Cuts Back on Executive Benefits Due to Pension Distress
The media company has asked for legislative relief and is in discussions with the PBGC about a distress termination of its defined benefit (DB) plan.
A Background on Retirement Plan Cyber Crimes and How to Mitigate Them
Plan sponsors need to understand how vulnerable retirement plan and participant data is to cyberattacks, and know what they, providers and participants can do to mitigate the risk.
Lessons from Higher Ed Employers for Keeping the Workforce Churning
Employees retiring later can hinder younger workers’ career paths, but workforce management ideas from higher education employers may help.
Many Have Unrealistic Expectations for Drawing From Savings in Retirement
A Shroders survey shows it’s 10.1% on average. Plan sponsors can help form more realistic expectations.
Helping People Focus on Financial Planning in the New Year
Few people are making financial planning their top priority for 2020, Allianz Life found, but the firm's Kelly LaVigne offers suggestions for what plan sponsors can do to...
Performing an Effective Benchmarking of Plan Advisers
An analysis of advisers’ skills and services helps in finding those with higher skill sets, and those who offer much more value for plan sponsors.
DB Funded Status Held Up Fairly Well, Considering…
Though down for the year, DB plan sponsors have seen upticks in funded status for three straight months, and sources make suggestions for continuing to hold on.
Plan Sponsors Have Multiple Options for Creating Income Streams for Participants
Annuities should be considered, and the type to offer in a DC plan depends on several factors.
DB Plan Cash Flow Needs Are Greater Than Ever
In these days of low interest rates, and following money market reform, investing strategies are needed to meet cash-flow needs from retiring Baby Boomers and pension risk transfer...
Retirement Plan Sponsors Need Strong Cybersecurity Defenses
A plan sponsor could face legal liability if a breach or fraud of participant accounts occurs.
Better Retirement Income Strategies Start With Deeper Insight
To build a more effective set of solutions for the spending down of retirement plan assets, plan sponsors must first come to understand what their participants are doing...
LDI the Key to DB Plan Funded Status Gains
About three-quarters of plans surveyed by NEPC with a funded status of 90% or higher have utilized liability-driven investing (LDI).
Pension Risk Transfer Appetite Is Unabated
They are trying other strategies, but DB plan sponsors are concluding that they and their employees would be better served by shifting risks to life insurers.
Employer Student Debt Help Not Reaching All Who Need It
A Fidelity analysis found Baby Boomers and Generation X have high student loan debt, but as it may be for their children’s education, many employer programs are not...
The Tech Behind DC Plan Administration Solutions
Whether they are providing a certain process or an end-to-end solution, technology providers may be a reason you are happy with your recordkeeper or TPA.
Firms Estimate DB Funded Status Improvements in October
This is due to positive equity returns; however, plan sponsors will likely see a pension liability increase on year-end balance sheets.