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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 > |