Administration

Retirement savings models often simplify a defined contribution plan participant’s situation, and plan sponsors need to help participants understand that the picture is more complex.

More employers are also addressing financial wellness beyond retirement to produce a healthier, happier and more productive workforce.

 

An increased focus on education and wellness and plan designs focusing on retirement income are among trends Fidelity sees as gaining more traction this year.

The aggregate pension funded status for the plans Willis Towers Watson tracked is estimated to be 80% at the end of 2016, compared with 81% at the end...

Defined benefit retirement plan sponsors should plan now for the future.

Though robo-advisers were once limited to individual investors, automated technology is projected to push further into the DC industry in the coming years.

Six essential DB strategies

They not only help with employee education and plan benchmarking, but they even supply access to ERISA attorneys.

The goal is a 7% discount rate.

Different retirement plan participant demographic groups face various challenges.

Broadridge identified three trends driving change in the retirement industry.

Employer-sponsored retirement plan providers are increasing digital offerings, but participants may need prompting to use these tools.

Plan design, investments, fees, financial wellness and the DOL’s fiduciary rule are all things defined contribution plan sponsors should consider going into the New Year.

Chances are they have trickled down from a managing partner study group.

DC plan participants are not very confident about saving enough for retirement, and providers are recognizing ways to boost website and digital communications to address this, a study...

Elements of the traditional model for K-12 403(b) plans provide motivation to participate and needed financial help, but there is also room for moving to some lower-cost investment...

While 59% are making no changes, others are re-evaluating adviser choices, reviewing investment lineups and reviewing plan governance structure.

There are several reasons employees may not participate in their employer-sponsored retirement plans, but plan design features and the right education can help give them a push.

A new survey reveals participants' main preferences and challenges when it comes to saving for retirement—including generating lifetime income, getting financial advice, and saving as soon as possible.

Consultants estimate an improvement in funded ratios for defined benefit plans in November, and all attribute it to market activity following the election.