PLANSPONSOR Weekend Newsdash
Week ending December 9th, 2016
Editor's choice
Compliance
Providers Respond to Trump’s DOL Secretary Pick
The president-elect has nominated CKE Restaurants CEO Andrew Puzder as DOL Secretary, tasked with implementing or halting the forthcoming fiduciary rule.  Read more >
Administration
Trump Election a Positive So Far for DB Funded Status
Consultants estimate an improvement in funded ratios for defined benefit plans in November, and all attribute it to market activity following the election.  Read more >
Administration
Helping Participants Get on the Right Track to Retirement in 2017
A new survey reveals participants’ main preferences and challenges when it comes to saving for retirement—including generating lifetime income, getting financial advice, and saving as soon as possible. Read more >
Data and Research
Americans Lagging on Retirement Savings
However, a survey finds they are managing bills and debt.  Read more >
Participants
Middle-Income Workers Need Financial Planning Help
A study shows employees are very interested in getting financial planning help from employers.  Read more >
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MOST POPULAR STORIES
AT&T Sued Over Calculation of Early Retirement Benefits

The plaintiffs say the plan’s terms reduce benefits using “Early Retirement Factors” and “Joint and Survivor Annuity Factors” which result in plan participants receiving less than the actuarial equivalent of their vested accrued benefit, as required by ERISA.

Congressional Leaders Want SECURE Act Passage in 2019

Based on the conversations industry advocates are having in Washington, none of the leadership in the Senate or the House opposes passage of the SECURE Act.

New Lawsuit Highlights Importance of Cybersecurity for Retirement Plans

A former 401(k) plan participant is suing the plan sponsor and plan providers after unauthorized distributions were made from her account.

IRS Releases 2019-2020 Priority Guidance Plan

The IRS invites public comments and suggestions about guidance.

DC Plans 3.0 Will Really be Tailored to Individual Situations

Bob Collie, head of research at the Thinking Ahead Institute, tells PLANSPONSOR version 3.0 will be customized by “hyper-customization and integrated whole-of-life wealth management” that takes into account all of a person’s savings.

Editorial: Alison Cooke Mintzer alison.mintzer@strategic-i.com

Advertising: advertise@strategic-i.com

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