PLANSPONSOR Weekend Newsdash
Week ending January 12th, 2018

Happy Friday, PLANSPONSOR readers! This week we focus on financial wellness and participant communications. Among items reported, researchers suggest debt management should be factored into any retirement security policy; in a Prudential/PLANSPONSOR survey of nonqualified deferred compensation (NQDC) plan sponsors, a top change respondents are planning to make is with plan education and communication programs; and Callan Associates suggests a repositioning of communications to participants about managed accounts. Enjoy this edition of PLANSPONSOR Weekend!

Editor's choice
Data and Research
Debt Management Should Be a Factor in Retirement Security Policy
According to a National Bureau of Economic Research (NBER) working paper, researchers found it is not just the value of debt for people on the verge of retirement that has increased over time, but the proportion of debt to assets as well. Read more >
Data and Research
Few NQDC Plan Sponsors to Make Plan Changes
Among the few that are, the majority cited additions or enhancements to plan education and communication programs, investment crediting options and distribution options. Read more >
Participants
Public Pension Fund Members Largely Unaware of Underfunding
Public pension fund members surveyed expressed interest in more transparency about pension fund investments and investment returns. Read more >
Data and Research
Interest in Retirement Advice Increases Wtih Age, Account Balance, Contributions
TIAA also discovered that participants with web access are twice as likely to seek out advice as those without web access. Read more >
Investing
Presenting Managed Accounts as a Service Could Reduce Apprehensions
Cerulli Associates suggests that if retirement plan sponsors position managed accounts as a valued service it could alleviate concerns about costs. Read more >
MOST POPULAR STORIES
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.

(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.
Yale Sued Over Wellness Program ‘Penalty’

The lawsuit says the so-called “incentive” Yale offers for participating in the wellness program are in fact a “penalty” that violates non-participants’ right, and it notes that the Equal Employment Opportunity Commission (EEOC) withdrew the incentive portions of its wellness program rules.

Employees in Two States Miss Out on One HSA Benefit
Is this impacting health savings account (HSA) participation?
Some Help for Women’s Retirement Savings Gap May Be Coming

Some legislative proposals, such as the SECURE Act, may address challenges to retirement income adequacy women face, but there are also things retirement plan sponsors can do.

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

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

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