(b)Lines Information and Insights for the 403(b) community / brought to you by PLANSPONSOR.
December 28th, 2018

403(b) Plan Sponsors Offer Education About a Variety of Financial Wellness Topics

The 2018 PLANSPONSOR Defined Contribution Survey also found 403(b) plan sponsors, to a higher degree than respondents overall, offer college savings and student loan repayment benefits. Read more >

DOL Asked for Guidance on Retirement Plan Cybersecurity

The ERISA Advisory Council is asking the Department of Labor (DOL) to provide guidance on how plan sponsors should evaluate the cybersecurity risks they face and to require them to be familiar with the various security frameworks used to protect data as well as to build a cybersecurity process. Read more >
ASK THE EXPERTS
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

Progressive Sponsors Will Push Custom Designs, Fee Transparency in 2019

As managing director for institutional financial services at TIAA, Mark Foley frequently speaks with plan sponsor clients about their evolving goals and expectations in offering defined contribution (DC) retirement benefits to employees. “Especially from my perspective being in charge of default solutions, it’s been a very busy year in terms of working with plan sponsors on improving their plans and creating innovative solutions to long-standing challenges,” Foley said. “We have been doing a lot of work to continue to enhance and broaden the use of custom approaches to default offerings, and we’re pleased with the steps that our clients are taking to address participant outcomes.” Read more >

Participants Need Support to Weather Bouts of Volatility

One of the toughest challenges facing plan sponsors is broadening the perspective of participants to look beyond what has happened in the markets in the last week or month, and to truly be strategic about their investing. Read more >

Ascensus Acquires TPA Firms for Solutions Division

Ascensus has entered into an agreement to acquire Moran Knobel and its subsidiary Means & Associates. The third-party administration (TPA) firms will immediately become part of Ascensus’ TPA Solutions Division. Based in Bellevue, Washington, Moran Knobel provides retirement plan consulting and administration services for safe harbor 401(k), profit sharing, cash balance, defined benefit (DB), 403(b), and all other Employee Retirement Income Security Act (ERISA)-qualified plans. Read more >

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

Advertising: Paul Zampitella paul.zampitella@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