Week ending May 13th, 2016 Complying with fiduciary duties and improving participant outcomes are top of mind for plan sponsors, and this week’s news is full of helpful information about both topics. This week’s top articles cover what to anticipate from Washington, what plan participants should consider in retirement planning, how to boost Millennial women’s retirement savings, how participant outcomes relate to the fiduciary duty of selecting and monitoring investments, and more. Enjoy this edition of PLANSPONSOR Weekend!
Editor's choice Data and Research Consider Participant Outcomes When Reviewing Plan Fees Savings grow with compound interest, but there is a compound effect on fees which reduces the amount of assets that can be invested and grow.Read more > Administration Plan Sponsors Should Promote Roth Accounts More Willis Towers Watson explains the benefits of saving for retirement in Roth accounts and how to promote them to retirement plan participants.Read more > Participants Millennial Women Need a Boost in Retirement Savings T. Rowe Price suggests a number of steps plan sponsors can take to engage women in saving more for retirement.Read more > Products SPARK to Establish Data Security Standards for Recordkeepers The newly established Data Security Oversight Board will collaborate to establish uniform criteria for recordkeepers and certify those who meet the criteria.Read more > Administration Factors Included in Fee Decisions Litigation has increased retirement plan sponsors’ focus on plan fees, and they need to know all their choices to make the best decisions.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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