PSNC 2015: Plan Transitions
What are the best practices when your plan starts the process of transitioning to a new recordkeeper?
Administration
PSNC 2015: The Evolution of Education
Education is moving from away from discussing retirement plan basics and asset allocation to the value of saving, the importance of starting early and financial wellness.
PSNC 2015: Managing Administrative and Investment Fees
According to two panelists speaking at PSNC 2015, relying on publicly available fee benchmarking is generally not a marker of top-performing plans and plan sponsors.
PSNC 2015: Designing Plans for Optimal Outcomes
What’s your definition of an optimal plan outcome?
PSNC 2015: Using Plan Design to Help Drive Engagement
“Think about a moment in your life when someone did something for you to put you on the right path ...”
PSNC 2015: Retirement Readiness Benchmarks
A panel of experts at PSNC 2015 urged plan sponsors to ask, what comes after “funds, fees and fiduciary?”
PSNC 2015: NQDC Plan Trends and Challenges
It’s an employee benefits topic that gets less press and touches relatively few people, but employers have a lot to gain by offering nonqualified deferred compensation plans.
Corporate Pension Deficits Dipped $43B in May
The funded status of pension plans of S&P 1500 companies rose 9% since January’s low point.
PSNC 2015: What Success Looks Like
Going by what Plan Sponsor of the Year winners say, “success” means continuous improvement.
Corporate Funded Status News Is Mixed
Private pensions gained last month while flat markets depressed the growth of public-sector plans.
R.I. Treasurer to Increase Pension Transparency
Rhode Island will now disclose fees it pays to investment managers, according to news reports.
Public Pensions Need Transparency from All Parties
A recently issued code of conduct defines reasonable practices for public pension service providers, but are there practices public pensions should adhere to themselves?
401(k) Outflows from Retirements Can Be Offset
Plan sponsors should encourage additional savings to keep plans healthy.
Low Interest Rates Ease Pension Debt Restructuring
In finance as in physics, investment market forces produce both upside and downside.
Pension Hibernation Can Be a Bridge to PRT
Plan sponsors looking to enact a PRT transaction, but lacking sufficient cash, might consider “hibernating” their portfolio until a more favorable risk transfer opportunity arises.
Many DB Plan Sponsors Still Considering Risk Transfer
More than half are looking to LDI strategies to de-risk their plans.
Code of Conduct Created for Public Pension Service Providers
“The code of conduct is a valuable tool to ensure that fiduciaries and plan providers are working together in the best interests of participants and beneficiaries,” says Hank...
Investment Committee Solutions for Small Plans
Plan sponsors with no committees must still perform committee functions.
Pension Plan Funded Ratios Increased in April
The aggregate funded ratio for U.S. corporate pension plans saw an increase in April 2015.
DC Plans Important to Retirement Income Strategies
DC plans can play a part in numerous strategies for setting up retirement income.