Week ending March 11th, 2016 This week’s news shows multiemployer pension plans are in a pickle—struggling with unfunded liabilities, applying to reduce benefits and experiencing a backlash from retirees about these efforts. In other news, a survey finds working with a human reaps more financial wellness benefits than just engaging online, and regular magazine contributor John Keefe discusses why plans may want to white label their investment options. But, the big news on PLANSPONSOR.com this week is we have revealed profiles for our Plan Sponsor of the Year finalists.
Editor's choice Data and Research Multiemployer Plans Struggle with Growing Unfunded Liabilities Increased employer contributions are still insufficient to cover growing unfunded liabilities.Read more > Benefits Retirees Nationwide Protest Multiemployer Plan Benefit Cuts While retirees say the cuts are unfair, regulators say without them, the result could be much worse.Read more > Data and Research Human Touch Improves Overall Financial Wellness Financial Finesse found employees in a financial wellness program that engaged more with a financial professional rather than just using online tools made more progress.Read more > Magazine Why White Label? Plan sponsors contend with many forces in the defined contribution (DC) environment: maximizing plan participation and deferrals, and offering participants diversified yet decipherable investment options—all at reasonable cost. Relief from several of these pressures can be found in white label funds.Read more > Awards Plan Sponsor of the Year Finalists Profiles PLANSPONSOR is honoring Plan Sponsor of the Year finalists in nine categories. You can view their profiles online.Read more > Share the good news with a friend! Pass the NewsDash along – and tell your friends/associates they can sign up for their own copy.Read more >
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