Hello, PLANSPONSOR readers! Despite news reports of struggling retirees, this week, the Investment Company Institute found they have adequate income replacement. But, research from Morningstar shows those of us not yet retired need nudges to improve savings. Retirement plan consultants make recommendations for defined contribution (DC) plan investment lineups, while research from Pew reveals defined benefit (DB) plans’ move to alternative investments actually results in more volatility. Also, time is running out for those plan sponsors with individually designed plans who want to adopt a pre-approved plan now that the Internal Revenue Service (IRS) determination letter program has changed. Enjoy your weekend!