| | Benefits & Administration | | Sponsors Can Benefit from Their Own Analysis of Portability | | “Much has changed in the last 10 years with product designs, industry standards and new technology all working together to help retirement plans and participants access structured lifetime income,” argues a new white paper from the Institutional Retirement Income Council (IRIC). Despite the ongoing progress, there is still a stubborn perception in the retirement planning marketplace that “portability is an obstacle to offering lifetime income products due to both its importance and the widely held view that portability options do not exist or are not feasible,” IRIC explains.Read more > | | Millennials, in particular, are seeking help from their employers when it comes to addressing financial concerns, a study from MetLife found.Read more > |
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