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| Benefits & Administration |
| Small Plans, Big Results |
| At the 2018 PLANSPONSOR National Conference, the 2018 PLANSPONSOR of the Year in the $10MM – $50MM category and two industry leaders offered pointers on how small retirement plans with a low budget and few staff can offer a best in class plan design.Read more > |
| Tax Reform, Other Factors Leading DB Plans to Increase Funding |
| Nearly two-thirds (62%) of respondents to a survey say they are “very likely” to transfer some or all of their pension obligations to an insurance company once their DB plan becomes well-funded.Read more > |
| ARA Study Finds Electronic Delivery of DC Plan Disclosures Can Save Money |
| Current regulations requiring paper delivery of participant DC plan information can cost investors between $350 to $500 million per year, which can reduce the average account balance by 2.4% over a 40-year work life, the study found.Read more > |
| Retirees Say Income Replacement Needed Not As High As Pre-Retirees Think |
| Retirees are considerably less concerned than pre-retirees about their money lasting throughout retirement, according to a survey by Massachusetts Mutual Life Insurance Co. Ninety-one percent of retirees are confident their savings will last throughout their lifetime, compared to only 56% of pre-retirees. Half of retirees say they spend less in retirement than they did in their working years.Read more > |
