PLANSPONSOR Weekend Newsdash
Week ending February 9th, 2018

This edition of PLANSPONSOR Weekend is focused on financial wellness and participant education. As it is tax time, plan sponsors should remind participants about the Saver’s Credit, as a study found many do not know about it. Also, the recent market plunge is a good time for plan sponsors to remind participants about the fundamentals of investing for the long term. And, two different providers launched new financial wellness initiatives. Have a wonderful weekend!

Editor's choice
Administration
How to Help Different Generations With Retirement Savings Challenges
At various stages of one’s life, priorities and challenges change. Retirement plan sponsors and advisers need to be aware of these challenges to help Baby Boomers, Millennials and Generation X overcome them so that they can save adequately for retirement. Read more >
Data and Research
Plan Sponsors Should Remind Participants About the Saver’s Credit
Many participants do not know about the credit, the Transamerica Center for Retirement Studies found. Read more >
Investing
Market Volatility a Good Time to Remind Participants About the Fundamentals
Data from the Alight Solutions 401(k) Index already shows retirement plan participants are reacting poorly to this latest round of stock market volatility, with trading activity described by researchers as “exceptionally high” over recent days. Read more >
Products
Transamerica Connects Physical and Financial Health With Wellbeing Brand
Coupling fitness and daily exercise to retirement income, Transamerica has revealed their Wealth + Health brand, aimed at connecting participants’ physical well-being to financial security. Read more >
Products
John Hancock Creates Financial Wellness Tool
After its Financial Stress Survey found that 66% of respondents suffering moderate to extreme stress blamed it on their finances, John Hancock Retirement Plan Services created a new financial wellness tool to de-stress and engage plan participants. Read more >
MOST POPULAR STORIES
House Committee Advances Bill to Establish Union Pension Lifeline Program

The legislation aims to establish a 30-year loan program and new financial assistance for financially troubled multiemployer pension plans.

The Senate Math That Could Block SECURE Act
Senate floor time is at a premium ahead of the 2020 presidential election—so much so that even legislation that passed the House with a near-unanimous bipartisan vote is not guaranteed to become law.
Adidas Sued Over Excessive Fees for 401(k) Participants

Plaintiffs in the lawsuit argue that passive funds would have resulted in better returns net of fees that the actively managed funds offered in the plan.

Open MEPs Not for Every Plan Sponsor
If legislation passes to allow for open multiple employer plans (MEPs) for plan sponsors without a common nexus, experts believe they will offer benefits to plan sponsors, but there would be some considerations to explore before joining one.
(b)lines Ask the Experts – Proper Delivery Method for SPDs
Experts from Groom Law Group and Cammack Retirement Group answer questions concerning 403(b) plans and regulations.

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

Advertising: Paul Zampitella paul.zampitella@strategic-i.com

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