Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
September 6th, 2018
Benefits & Administration
Global Retirement Index Declines Pinned to Aging Populations
The 2018 Global Retirement Index report from Natixis shows the U.S. has fallen to 16th in the rankings. “We continue to age at a dramatic clip here in the U.S., as a society, and that is a big part of it,” Ed Farrington, head of retirement at Natixis, tells PLANSPONSOR. “When we look at the number of workers that are paying into the U.S. system per the number of people who are retired, the ratio continues to get worse by the year. This is also true for pretty much all developed countries. The fact is already putting a huge pressure on our system and it will only get worse, here and globally.”Read more >
Proper Asset Allocation Often Overlooked, Sibson Says
Employers can use targeted internal communication and other tactics to help their employees understand asset allocation and empower them to make better choices, Sibson Consulting maintains. “Most employees find asset allocation extremely confusing,” says Jonathan Price, vice president with Sibson. “Left to their own devices, they may make less than ideal decisions. This can include adjusting their allocations at the wrong time, chasing returns, not responding to changes in their lives and investing too much in stable value funds or company stock.”Read more >
Products, Deals and People
New ICI Website Takes on Myths About America’s Retirement System
The Investment Company Institute (ICI) has launched a new website, FactsOnRetirement.org, which highlights its research and suggests that America’s retirement system is strong. The site takes on myths about the system and offers tips for those who want to learn more about saving for retirement.Read more >
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