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November 8th, 2016

Can Funds With 12b-1 Fees Still Work in Retirement Plans?

Some experts believe retirement plan sponsors shouldn’t offer any mutual funds with 12b-1 revenue-sharing fees in their investment lineups; on the other hand, other experts maintain that by crediting revenue back to the plan, funds with 12b-1 fees can actually cost less than those without such fees.Read more >

IRS Offers Educational Materials for Retirement Plan Sponsors

The Internal Revenue Service (IRS) has announced the availability of Issue Snapshots and has updated its 403(b) Plan Fix-It Guide.Read more >

Voya Appoints Employee Benefits President

Rob Grubka has been named president of Voya employee benefits, the firm has announced. He will also serve on the operating committee, where he’ll collaborate on overall business strategy and corporate-wide initiatives.Read more >
Eligibility After Move From Union to Non-Union Employee
“Does a once-excluded union employee who has now become a non-union employee have to meet eligibility and vesting requirements for receiving employer contributions although he has been employed longer than those requirements?”Read more >

Voya Hires VP of ESG

Voya Investment Management has appointed Drew Schechtman as vice president and Environment, Social and Governance (ESG) integration leader. He will be tasked with integrating ESG investment disciplines across the firm’s four investment platforms comprising equities, fixed income, loans and multi-asset.Read more >

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

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