Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
February 22nd, 2019
Benefits & Administration
Participants Stay the Course With Their DC Plans
Defined contribution (DC) plan participants remained committed to their plans in the first three quarters of 2018, data from the Investment Company Institute (ICI) shows. A mere 2.2% of participants stopped contributing to their DC plans and only 2.9% took withdrawals, with the latter figure up only slightly from the 2.8% that took withdrawals in the first three quarters of 2017.Read more >
Products, Deals and People
AXA Launches Asset-Allocation Program for 403(b) Plans
AXA Equitable Life has announced the availability of Semester Strategies, a new asset-allocation investment program designed for K-12 403(b) retirement plan participants. Semester Strategies is said to combine an asset-allocation plan commonly found in target-date funds (TDFs), with some downside market protection and the financial guidance of a licensed professional.Read more >
MOST READ ARTICLES