PLANSPONSOR Weekend Newsdash
Week ending February 2nd, 2018
Happy Friday, PLANSPONSOR readers! This week we focus on plan design and administration. Mercer has offered a list of what it says are key priorities for defined benefit (DB) plans in 2018. An analysis from Empower offers ideas for what plan sponsors can do to increase savings, while a survey of employees offers insights on tools and plan design defined contribution (DC) plan sponsors can offer to create more retirement confidence. Sibson Consulting suggests ways to measure participants’ retirement readiness, while industry sources weigh in on the education plan sponsors need to give participants to help them with a retirement draw down strategy. Enjoy this edition of PLANSPONSOR Weekend!
Editor's choice
Tax Reform Makes Pension Pre-Funding More Compelling
Mercer offers its list of key priorities for defined benefit (DB) plan sponsors for 2018.Read more >
Data and Research
Empower Draws Participant Engagement With Estimated Retirement Income
An analysis from Empower finds seeing monthly income in retirement, knowing retirement health care costs and comparing themselves to how peers are doing are great motivators for retirement plan participants to save more.Read more >
Data and Research
Study Offers Suggestions for Improving Americans’ Retirement Confidence
“Eighty-six percent of employees say that if their employer improved benefits or added access to an investment plan, it would have a positive impact on them at work, resulting in higher job satisfaction and greater commitment to the organization,” Mercer says.Read more >
Sibson Suggests How to Measure Employee Retirement Readiness
Sibson suggests that employers consider one or more of the following three metrics: replacement ratio, wealth accumulation target and retirement readiness grade.Read more >
A Retirement Draw Down Strategy Starts With Education
Plan sponsors need to give participants the education and tools they need to develop a strategy for spending assets in retirement.Read more >
2021 DC Plan Benchmarking Survey
Working Past Age 65 May Seem Like a Great Idea …

… but the prospects may vary, based on education, race and gender, says CRR.

2022 Retirement Industry Trends to Follow

As the retirement plan industry looks ahead to the coming year, financial wellness is increasingly seen as a critical solution to help workers and retirees meet their goals.

TRIVIAL PURSUITS: Residents of the Island of Misfit Toys
December 17, 2013 ( – Who/what were the residents on the Island of Misfit Toys in “Rudolf the Red-Nosed Reindeer?”
Employees Don’t Want ‘All or Nothing’ When It Comes to Guaranteed Lifetime Income

Eighty-one percent of respondents to a survey indicate they are at least somewhat likely to prefer a retirement plan that substitutes guaranteed income for safe investments such as bonds.

Editorial: Alison Cooke Mintzer


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