Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
November 23rd, 2015
From the Magazine
The Recordkeeper Relationship
The benchmarking process is the lifeblood of knowing, ‘Is my plan effective?’” says adviser Andrew Harbour, senior vice president and institutional consulting director at Morgan Stanley’s Graystone Consulting in Atlanta. Understanding the results of that benchmarking may lead the plan sponsor to make changes with a plan’s current provider, or it may mean deciding to look for a new one. “Why even benchmark in the first place? The primary benefit is the documentation of a prudent fiduciary process,” Harbour says. “We’ll benchmark plans [even] when there [is no intention] to move from the current provider.”Read more >
Products, Deals and People
Retirement Industry People Moves
MassMutual’s newest acquisition; Lockton Chicago expands retirement practice; Envestment to use VMS recordkeeping services.Read more >
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