Financial Wellness Programs Need More Than Just Education
If a financial wellness program isn’t producing results, try getting personal.
Administration
How New Overtime Rules Will Affect Retirement Plans
The rules may add retirement plan related costs to employers, and could help or hurt nondiscrimination testing.
Plan Sponsors Can Do More to Help Participants Prepare for Retirement
Even those already in retirement worry about health care and running out of money, indicating plan sponsors can introduce participants to health savings and lifetime income options, a...
Aligning Stakeholder Interests in Pension Buyouts
A lot of parties are involved in even a modestly sized pension risk transfer deal; aligning their interests, timelines and incentives for success is no small task.
Deficits Down in September, Improved Quarterly DB Funded Status
However, the funded status improvement was modest.
Micro Plan Finds Provider That Simplifies Administration, Boosts Engagement
A plan sponsor finds that new options for micro plans offer more to participants and plan sponsors.
United Technologies Moves to Offload Some Pension Risk
The company is offering a lump-sum window to terminated, vested employees and moving some pension obligations to an insurer.
A Plan Sponsor Philosophy Can Help With Plan Decisions
A philosophy can help plan fiduciaries focus on the “why” when making retirement plan decisions and not just the “how,” enhancing their fiduciary process.
More Conservative Pension Allocation Fares Better
An analysis by October Three found that for the year, a pension with a more moderate allocation was down more than one with a more conservative allocation.
DCIIA Unveils a Lexicon for Automatic DC Plan Design
Exclusive to PLANSPONSOR: The clarified terms should make it easier to employ—and understand—‘auto’ plan features.
Is DB Plan Annuitization More Costly Than Maintaining the Plan?
SEI contends most companies can handle maintaining a DB plan for less than the cost of offloading it, but there are individual factors to consider.
Funding Drops for City and County Retirement Systems
Wilshire Consulting’s 2016 report is based on the most recent financial and actuarial reports of 109 retirement systems.
Ten Developments in the Retirement Plan Industry
Executives from MassMutual and Voya Financial discussed trends driving the retirement plan industry.
DB Funded Status Analyses Show Moderate Differences
Analyses by Mercer, Wilshire and LGIMA varied on whether DB funded status increased, decreased or remained the same in August.
A Public Plan Sponsor Gives Employees View of Retirement
A virtual retirement tour helped get more employees enrolled in their 457 plan and employees more engaged in their retirement savings.
Couples Need Help With Planning Retirement Together
Retirement plan sponsors can help by including spouses and partners in educational events.
Illinois Teachers’ Pension Reduces Return Assumption Again
The trend of public-sector retirement systems reducing investment return assumptions has been going on since 2008.
10 Years Out from PPA, Advisers More Pivotal Than Ever
Advisers are working with more plans today than they ever have—completing more services for more diverse types of clients than was the case prior to the full implementation...
Auto-Feature Evolution Post-PPA and Beyond
Automatic plan features popularized by the Pension Protection Act of 2006 have helped to drive major change and, for the most part, major improvement in the DC retirement...
DB Plan Funded Status 10 Years After PPA
The Pension Protection Act of 2006 had good intentions to get pension plans fully funded, but the market environment since the PPA's passage has foiled such plans.