Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
October 20th, 2015
Benefits & Administration
U.S. Slips in Mercer’s Retirement Rankings
Global retirement readiness rankings are inherently subjective and often controversial, but Mercer says the U.S. is clearly slipping compared with some other developed nations—from 13th to 14th for the United States in the firm’s 2015 global retirement ranking. Mercer says the drop reflects a continuation of trends from the 2013 ranking.Read more >
A New Player in the Retirement Industry
Thinking the retirement industry has failed to deliver on its goals, state governments are trying to get into the retirement business. “Our issues are becoming more political,” Brian H. Graff, Esq., executive director and CEO of the American Retirement Association, told attendees of the 2015 ASPPA annual conference. “The government finally gets it that retirement plans are important, but now it’s not sure we are the best to deliver those plans,” Graff told retirement plan advisers and service providers. Graff and Judy A. Miller, executive director of the ASPPA college of pension actuaries and director of retirement policy at the American Retirement Association, discussed issues with states entering the retirement business.Read more >
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