PLANSPONSOR Weekend Newsdash
Week ending May 4th, 2018

Hello, PLANSPONSOR readers. A couple of studies found that access to retirement planning, as well as saving adequately, can lead to better retirement income. Confidence is also key, and sources offer suggestions about how plan sponsors can improve employees’ retirement confidence. For 403(b) plans, a speaker at the Plan Sponsor Council of America (PSCA) 71st Annual National Conference discussed how a new plan design model can provide efficiencies and benefits. And, MassMutual announced new reporting to help defined benefit (DB) plan sponsors in the administration of their plans. Have a great weekend!

Editor's choice
Data and Research
Specific Actions Lead to Higher Retirement Income
Empower identified “habits of success” that correlate with higher projected retirement income—saving in a workplace retirement plan, saving at a higher level and having a formal plan for retirement. Read more >
Data and Research
Access to Planning Information Correlates With Retirement Readiness
Compared to workers who feel very ready for retirement, unprepared workers show disappointment with the retirement information provided by their employers, a survey by the Indexed Annuity Leadership Council finds. Read more >
Administration
Helping Retirement Savers Feel Confident
The latest Retirement Confidence Survey from the Employee Benefit Research Institute shows confidence in specific factors for retirement readiness is lower, and sources offer suggestions for how retirement plan sponsors and advisers can help. Read more >
Administration
Retirement Plan Exchanges for 403(b)s
Speaking at the Plan Sponsor Council of America (PSCA) 71st Annual National Conference, Brodie Wood, SVP of healthcare, education and not-for-profit markets at Transamerica Retirement Solutions, discussed the efficiencies and benefits a closed MEP can offer not-for-profit 403(b) plans. Read more >
Products
MassMutual Introduces New Report to Guide DB Plan Sponsors
The quarterly Defined Benefit Market Update and Commentary is designed to support DB plan sponsor clients and potential clients in the ongoing management of their plans and includes data on interest rates, bond and equity markets, and commentary on economic and regulatory matters. Read more >
MOST POPULAR STORIES
Sources Say Invesco Will Buy OppenheimerFunds

Oppenheimer is the 12th largest U.S. mutual fund family by assets.

Over Half of Americans Have Nothing Saved in a Retirement Account

The median retirement account balance among all U.S. workers is "zilch"

(b)lines Ask the Experts – Annuity General Accounts Versus Separate Accounts
“I work for a plan sponsor that maintains a 403(b) plan with annuity contracts.
An Accurate Perception of Their Finances Eludes Many Americans

One third thinks they are either better or worse off than they actually are, Prudential Financial learned in a survey.

2018 HSA Conference

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

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

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