Happy Friday, PLANSPONSOR readers! The big news from PLANSPONSOR this week is that we have released our 2016 Recordkeeping Survey. In other news, another excessive fee suit has been settled, and another church plan challenge has been filed. The Social Security Administration says its projections have remained stable this year. The Equal Employment Opportunity Commission (EEOC) has released a model notice for wellness programs, and Mercer has joined the list of providers offering financial wellness programs. Enjoy this edition of PLANSPONSOR Weekend!
Under final wellness program rules, employees must receive a notice describing what information will be collected as part of the wellness program, who will receive it, how it will be used, and how it will be kept confidential.Read more >
The agency says the proposal seeks to emphasize that climate change and other ESG factors can be financially material and that considering these elements can lead to better long-term risk-adjusted returns.