Cybersecurity, Preventing Plan Leakage Top of Mind for Sponsors
Retirement plan sponsors shared in a survey the steps they have taken, or plan to take, to reduce plan leakage and retain retiree assets in the plan.
Latest News
CalSavers ERISA Preemption Lawsuit Appeal Rejected by SCOTUS
The lawsuit, filed by the Howard Jarvis Taxpayers Association, unsuccessfully aimed to block CalSavers on the grounds that the federal Employee Retirement Income Security Act pre-empts it.
More Social Security Communications Could Bolster Participant Outcomes
A study finds most people do not engage with Social Security’s online portal to factor in the amount of retirement income Social Security will provide until they reach...
Benefits |
Ways Employers Can Support Caregiver Employees
The provision of targeted benefits for caregivers creates employee loyalty and good will, while helping to reduce stress and increase productivity.
Products |
MetLife Makes Digital Security Benefit Available to Employers
Aura’s solution to safeguard employees’ digital identities has been added to MetLife’s group benefits platform.
Principal Completes Wells Fargo Custody Client Transitions
With the integration completed, Principal Custody Solutions now serves nearly 3,000 institutional clients representing more than $1 trillion in assets.
Retirement Industry People Moves
Alerus names new senior retirement specialist; WTW appoints global head of credit, manager research; and NFP acquires AFS Advisors.
Products |
Mutual of Omaha Extends Retirement Suite
New product aims to expand accessibility for employers to provide retirement planning services
DB Plan Sponsors Can Adopt Strategies to Lower PBGC Premiums
Despite progress by many pensions plan sponsors to reduce premiums through adopting best practices, several chronic over-payers persist.
Ricoh USA Faces Lawsuit Over 401(k) Plan Fees
The complaint says the company used a revenue-sharing model that harmed particpants by charging excessive fees for a plan of its size.
$3.5M Settlement Reached in Coca-Cola Consolidated ERISA Suit
The settlement also includes ‘meaningful non-monetary relief’ related to the ongoing management and administration of the company’s defined contribution plan.
Comfort With Annuities Could Help With Spending in Retirement
One study finds few participants are likely to annuitize their retirement savings, while another suggests those who take a withdrawal deplete their funds in an average of five...
Products |
Betterment Expands Financial Wellness Package
Along with launching its new Student Loan Management solution, the firm will give customers the opportunity to offer a college savings plan in the future.
Finances, Student Loan Debt Putting a Strain on Employees
Employers should provide financial wellness programs that continuously engage employees, as employee stress has increased, especially among younger generations dealing with student loan debt.
The Role of Stable Value Funds as QDIAs or Otherwise
Though stable value funds might not be appropriate as the qualified default investment alternative for a defined contribution plan, they have an important role to play in retirement...
Why Have Balanced Funds Been Given the Short Shrift?
Their performance only matches that of TDFs for a certain age cohort, but there are other circumstances for which they might be considered a good QDIA fit.
QDIA Basics
What plan sponsors need to know about qualified default investment alternative rules and how to select the appropriate one for their employees.
Considerations for Tweaking the Investment Menu for Older Participants
Participants approaching retirement and those who decide to remain in the plan need additional choices and can benefit from assets that aren’t correlated to equities.
Auto Re-enroll Bill Seeks to Improve Workers’ Long-Term Financial Stability
The bill would encourage plan sponsors to re-enroll nonparticipants at least once every three years.
Council Reports Some Concerns About Brokerage Windows
However, it concluded that the costs outweigh the benefits of additional regulations, except in the case of ‘brokerage window only’ plans.