PLANSPONSOR Weekend Newsdash
Week ending May 19th, 2017
Happy Friday, PLANSPONSOR readers! Witnesses for a House Subcommittee hearing told legislators what rules hinder retirement savings and what rules would help. Two university 403(b) plan excessive fees suits have moved forward—but one judge says offering a plethora of funds helps participants, while another says it could hurt participants. A study finds that women are actually better at saving and investing than they think, and a paper suggests retirees are not spending enough to live their retirement dream. All this and more in this edition of PLANSPONSOR Weekend!
Editor's choice
Regulations, Legislations Impede Retirement Savings of Americans
The DOL fiduciary rule, the rollback of an ERISA safe harbor for state-run plans and the new health care law were mentioned by witnesses in a House Subcommittee hearing.Read more >
Duke University 403(b) Plan Excessive Fee Suit Moves Forward
Claims moving forward regard excessive fees by using four recordkeepers and excessive fees by offering too many funds in the plan.Read more >
Women Better at Saving and Investing Than They Think
Fidelity Investments client data analysis shows on average, women performed better than men when it comes to investing by 40 basis points.Read more >
Data and Research
Fear Keeps Older Americans from Experiencing Dream Retirement
A paper suggests special care needs to be taken to educate age cohorts about their biases to avoid investment portfolios and financial plans that are too conservative.Read more >
Plan Health Not Just About Fees and Investments
Two providers have introduced retirement plan health measurement tools with different approaches.Read more >
Share the news with a friend! Pass PLANSPONSOR Weekend along—and tell your friends/associates they can sign up for their own copy.Read more >
EARN Act Clears Senate Finance Committee

For the second time in a little more than a week, a key Senate committee has advanced an important piece of retirement plan reform legislation for a vote by the full chamber.

TRIVIAL PURSUITS: How Many States Are in More Than One Time Zone?
Some states are in more than one time zone.
2021 Recordkeeping Survey
TRIVIAL PURSUITS: Meaning and Origin of the Idiom “Watershed Moment?”

Some may describe the arrival of the coronavirus as a “watershed moment.”

2022 Best in Class 401(k) Plans

Editorial: Alison Cooke Mintzer


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