 |
|
|
|
|
January 26th, 2018 |
Would a Retirement Plan Mandate Mirror Affordable Care Act Fight?Jeff Kletti, head of investments at Wells Fargo Institutional Retirement and Trust, sat down recently with PLANSPONSOR, and discussed proposed legislation for retirement plans, including the Automatic Retirement Plan Act, a proposal that would require nearly all employers to have a retirement plan, either a 401(k) or 403(b) plan, and to automatically enroll participants. “I really like the idea of promoting default-driven plans, and the evidence is abundantly clear that automatic retirement plans can be very effective,” he says. “However, my experience has been that the pendulum can swing too far in terms of mandates.”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
|
|
Hospital 403(b) Plan Faces Lawsuit Over Investment Share Class SelectionThe plaintiffs claim plan fiduciaries repeatedly failed to monitor the share classes of mutual fund investments and to substitute less expensive share classes of mutual funds for more expensive ones.Read more > | Sibson Suggests How to Measure Employee Retirement ReadinessSibson suggests that employers consider one or more of the following three metrics: replacement ratio, wealth accumulation target and retirement readiness grade.Read more > | Millennials Face Many Challenges in Preparing for Adequate RetirementHowever, researchers say their outcome could possibly improve, given the fact that they still have a long time horizon to save, the markets could deliver strong returns and the government could save Social Security.Read more > | With Sustainable Investing Pledge, Voya Joins Industry ESG DebateVoya Investment Management has pledged to adopt six basic principles to promote and support the use of environmental, social and governance (ESG) investing programs.Read more > | PlanVisualizer Design Support Tool Launched by Empower RetirementEmpower’s PlanVisualizer aims to create a holistic view of a client’s retirement plan in its current state, along with the ability to model how changes to key design elements can potentially affect participant preparedness.Read more > | New Firm Links Health to Retirement SavingsThe firm’s first white paper shows how effectively managing health conditions can save money for employees, and if that savings is invested in retirement plans, generate more income in retirement.Read more > | PlanMember Launches Collection of WebsitesThe provider of retirement planning services to public education and nonprofit organizations says that the websites provide information on retirement for individuals at every career and life stage, as well as employers and advisers.Read more > | Voya Increases Targeted Communications with Personalized VideosAs the retirement industry sets out to increase participant-targeted communications, Voya Financial has added a new tool to their suite of retirement planning resources: personalized videos. Available through its myOrangeMoney website, the videos will detail a participant’s own journey towards retirement and link the effects of positive actions towards future financial goals.Read more > |
|
|
|
|
|
|
