(b)Lines Information and Insights for the 403(b) community / brought to you by PLANSPONSOR.
January 15th, 2019

Sponsors and Providers Use Too Much DC Plan Jargon

Invesco has published a new white paper, “ReDefined Contribution Plans: the defined contribution language study,” with Maslansky + Partners presenting the findings of a national survey of more than 800 large-plan participants across genders, income levels and generations. The results show plan participants tend to highly value their employer-sponsored retirement benefits—but at the same time there are common points of confusion and sub-optimal behavior patterns that stem from the serious amount of jargon that pervades the defined contribution (DC) plan domain. “We believe a disconnect remains between what plan sponsors say and what participants hear,” John Galateria, head of North America institutional for Invesco, said. Read more >

2019 ERISA Plan Compliance Calendar

A schedule to help plan sponsors track important due dates for their plan. Read more >
ASK THE EXPERTS
Elimination of Suspension of Contributions After Hardship Withdrawal
“I understand that the new proposed hardship regulations will require us to eliminate the six-month suspension of elective deferrals from all retirement plans that we sponsor following a hardship distribution. How soon may we eliminate this provision?” Read more >

Conrad Siegel Offers Tips for Retirement Plan Investment Lineups

Retirement plan consulting firm Conrad Siegel has an Insights article titled, “The Do’s and Don’ts of your 401(k) fund lineup.” Although the article is directed at 401(k) plans, it offers insights for 403(b) plan sponsors as well. Among other things, the consulting firm says investment committees should have stated goals, and retirement plan investment lineups should meet the needs of different types of investors. Read more >

Janney Increases NYC and Chicago Teams with Hires and Promotions

Janney Montgomery Scott LLC has hired seven and promoted two professionals to the firm’s Capital Markets group in the fourth quarter of 2018. “I’m happy to welcome seven highly experienced Capital Markets professionals to Janney and am pleased that two of our talented employees were promoted this quarter. These promotions and new hires will strengthen our ability to serve our valued client base, building on our superior service and execution capabilities,” says Joe Culley, head of Capital Markets Group. “We also added a Higher Education and Not-for-Profit Advisory Group this quarter, which is greatly beneficial to continuing to grow our Capital Markets advisory business and expanding our presence in additional key markets.” 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