Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
June 25th, 2018
Benefits & Administration
PSNC 2018: The Flavors of Reenrollment
The Pension Protection Act (PPA) was a transformational event in the defined contribution (DC) world, allowing plan sponsors to move DC plans from being simply good to potentially great. Re-enrollments were the next step after asset allocation through the use of the qualified default investment alternative (QDIA), allowing plan sponsors to force participants into a plan with fiduciary protection. According to a panel discussion led by Joe Connell, partner and leader of Retirement Plan Services, Sikich Financial, at the 2018 PLANSPONSOR National Conference, a reenrollment is either an annual or one-time event where the plan sponsor will bring non-savers into the plan or those who were hired before the plan sponsor started auto enrollment. Panelists agreed that the results outweigh the plan sponsor costs.Read more >
Industry Voices
Social Investing and ERISA Plans: The Context Is Significant
Thomas White, partner at Rimon Law, discusses how plan sponsors should consider ESG investments following the DOL’s latest guidance.Read more >
Products, Deals and People
Retirement Industry People Moves
FIA Hires Consultant and Research Analyst Focusing on DC Plans; Ascensus Acquires Firms That Service ESOPs; CalSTRS Employs New Deputy CIO; and more.Read more >
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