Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
June 22nd, 2018
Benefits & Administration
Retirees Find Creating a Drawdown Strategy Is Complex
Sixty-eight percent of retirees are only taking the required minimum distributions (RMDs) from their retirement accounts, Ameriprise Financial found in a survey of more than 1,000 retirees with at least $100,000 in investable assets. Only 21% feel confident about taking money out of these accounts. The survey also found that the median savings these retirees have is $839,000. However, 25% said they were not sure if their retirement savings will last throughout their lifetime.Read more >
PSNC 2018: Making Sense of Big Data
Retirement plan sponsors have access to a plethora of data that can help them in making plan design and participant education decisions.Read more >
Products, Deals and People
BidMoni Launches FiduciaryShield to Manage RFPs
Under the platform, plan sponsors no longer have to contact each potential provider and request separate proposals.Read more >
ClearPoint Financial Creates ESG Target-Date Portfolio
Seventy percent of employers use target-date funds (TDFs) as the default investment option for their retirement plans, yet ESG versions of these portfolios are virtually nonexistent, according to ClearPoint.Read more >
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