Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
August 25th, 2015
Benefits & Administration
Public Pensions See Potential in Automation
Public pension leaders around the world agree that technology will improve participant services and administrative efficiency—though some skepticism remains in the U.S. Why are U.S. public pension plan sponsors behind on automation?Read more >
Participants Need Retirement Health Care Cost Information
Retirement plan advisers are not refraining from addressing the high cost of health care in retirement with plan participants. “We talk about all aspects of what they will need in retirement,” says Michael Woomer, senior vice president of institutional and retirement plan services at Fort Pitt Capital Group. “People basically understand that they will be facing health care costs, but they don’t understand how big the impact will be, so we tell participants how important it is to save as much as they can.”Read more >