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November 7th, 2017 |
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ASK THE EXPERTS
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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
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DOL Fiduciary Rule Enforcement Delay Under Review at OMBThe Department of Labor (DOL) submitted for review by the Office of Management and Budget (OMB) the final version of a regulation to delay—likely by 18 additional months—full enforcement of the strengthened fiduciary rule.Read more > | Former Field VP for OneAmerica RejoinsShelley Schumacher has rejoined OneAmerica as field vice president, key accounts. She’ll be based in the company’s Milwaukee office. Her areas of focus include mergers and acquisitions, sales opportunities, and liaison for relationship managers/executives, advisers and plan sponsors.Read more > | Equity Exposure in TDFsManagers of target-date funds (TDFs) generally manage a fund’s risk by growing increasingly conservative—devoting larger allocations to fixed income vs. equity. Plan sponsors, too, expect to find more asset classes prone to volatility in participants’ holdings early in their careers when they can best tolerate the exposure. The equity allocations by fund objectives in both U.S. stock and non-U.S. stock follow that model almost to a tee.Read more > | Break From the Grind: Worker Excuses for Being Late Can Sound IncredibleOnly one in 10 chief financial officers (CFOs) surveyed by Accountemps said they are OK with tardiness only if productivity doesn’t suffer. Seven percent of workers surveyed admitted they are tardy every day. CFOs cited the excuses they’ve been given by workers for being tardy.Read more > |
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