Hello PLANSPONSOR readers and happy Friday! For this weekend’s mailing, we decided to reflect on some of the most informative research reports and studies published recently by retirement industry providers. First, a recent GAO study found that some 401(k) features are actually hindering participation. An SEI report offers plan sponsor committees advice on where to seek help when choosing investments. The Center for Applied Research explores how the concept of “Chi” in an investment manager can enhance the performance of plan sponsors and advisers. A consultant from Swats & McAllister provides tips on making SPDs more understandable for participants. And finally, Prudential Investments offers insight on the complexities of investments that are holding back Americans, who consider retirement the No. 1 financial goal.
The GAO suggests regulators re-evaluate
eligibility age requirements, vesting policies and whether to allow plan
sponsors to require employment on the last day of the year to receive company
match.Read more >
The culture of an investment manager
organization can have a strong impact on putting plan sponsor and adviser
interests first, research suggests.Read more >
Loaded with information about when employees may begin
participating in plans, benefits involved, vesting and so on, the language
utilized in summary plan descriptions (SPDs) is critical.Read more >
