(b)Lines Information and Insights for the 403(b) community / brought to you by PLANSPONSOR.
April 21st, 2015

Peer Power: How Participants Can Help Each Other

Retirement plan providers have been testing behavioral science themes with retirement plan participants, and positive outcomes are clearly emerging from the effort.Read more >

Moving the Needle on Retirement Confidence

The 25th Retirement Confidence Survey (RCS) from the Employee Benefit Research Institute (EBRI) finds Americans’ confidence in their ability to afford a comfortable retirement has continued to rebound from the record lows experienced between 2009 and 2013, but this increased level of confidence does not appear to be grounded on objectively improved retirement preparations.Read more >

Loan Policy Affects Plan Leakage

A study concludes that retirement plan loan policy is economically meaningful in shaping participant borrowing.Read more >

Retirement Planning Should Consider the Unexpected

Sixteen percent of workers in the 2015 Retirement Confidence Survey (RCS) from the Employee Benefit Research Institute (EBRI) say the age at which they expect to retire has changed in the past year, and of those, the large majority (81%) report their expected retirement age has increased.Read more >

Plan Design Trend Improved Participant Allocations

In a significant number of American households, defined contribution (DC) retirement plan participants’ investment allocations occupy the extremes, finds an analysis from Towers Watson.Read more >

Too Soon to Assume the Worst About Fiduciary Rule

Some industry groups have contended the new fiduciary investment advice rule from the Department of Labor (DOL) will result in higher costs for plan sponsors and participants and the loss of some services, but others say it is too early to tell.Read more >

Voya Announces CEO of Retirement

Charles P. Nelson will spearhead tax-exempt and corporate markets and wealth management at Voya in his new role as retirement chief executive.Read more >

Will the DOL’s New Proposal Make Me a Fiduciary?

“As an employee benefits manager for a large nonprofit hospital, I work with our plan consultants to put together investment recommendations for our Employee Retirement Income Security Act (ERISA) 403(b) plan to the plan’s fiduciary committee. I am not a named fiduciary for the plan (the named fiduciary is the committee) and I am not a member of that committee. I do not make any decisions regarding plan investments (or any other decisions regarding the plan, for that matter), and it is not the intent of my employer that I serve as a fiduciary. However, I have read that the Department of Labor (DOL) is tinkering with a more expansive definition of fiduciary, so I am concerned about my fiduciary status. Can the Experts shed any light on my situation?”Read more >
Groom Law Group and Cammack Retirement Group will field your questions concerning 403(b) plans and regulations. Email rebecca.moore@strategic-i.com with Subject Ask the Experts

Editorial: Alison Cooke Mintzer alison.mintzer@strategic-i.com

Advertising: advertise@strategic-i.com

Subscribe to (blines), click here.
To unsubscribe, click here.
BrightScope / CIO / FWW / Investor Economics / LiquidMetrix / Market Metrics / Matrix Solutions / PLANADVISER / Plan For Life / PLANSPONSOR / Simfund