PLANSPONSOR Weekend Newsdash
Week ending November 30th, 2018
Happy Friday, PLANSPONSOR readers! This week’s edition will focus on investing. A recent Charles Schwab study found just 8.5% of Millennials are utilizing advisers for their self-directed brokerage accounts, while an Investment Company Institute (ICI) report says the demographic group is the most likely to own mutual funds solely through employer-sponsored retirement plans. Additionally, Schwab Stock Plan Services explores why an abundance of employer stock can be damaging; a study reveals how despite de-risking concerns, global equity continues to be significant in the institutional investing realm; and a survey discloses the increasing concern market volatility has on American workers. All this and more on this edition of PLANSPONSOR Weekend.
Editor's choice
Self-Directed Millennials Less Likely To Use Advisers
Among participants using an adviser on their self-directed brokerage account in Q3, 45% were Baby Boomers, similar to Gen X; just 8.5% were Millennials, according to Charles Schwab.Read more >
Retirement Plans a Big Source of Mutual Fund Investing for Millennials
By comparison, the majority of mutual fund investing for Baby Boomers is outside of an employer-sponsored retirement plan, Investment Company Institute data shows.Read more >
Too Much Employer Stock Could Be a Bad Thing
According to a nationwide survey from Schwab Stock Plan Services, equity compensation accounts on average for nearly 30% of employees’ net worth, and almost three-quarters of employees surveyed also own company stock outside of their equity compensation plan.Read more >
Despite De-risking Concerns, Global Equity Remains Important to Retirement Plans
Fifty-five percent of U.S. investors have their global equity allocation in active, alpha-seeking strategies, and the planned allocation to these strategies in three years is 61%, research found.Read more >
Half of Americans Think Market Volatility Has Increased
And a majority, 65%, say it is tougher now to get ahead financially than it was before the financial crisis, Natixis found in a survey.Read more >
2020 Recordkeeping Survey
How to Tell If You’re Paying Reasonable Fees for Actuarial Services

Leslie Olds, with Strategic Benefits Advisors, discusses how DB plan sponsors can determine whether actuarial fees are in line with services provided.

FRIDAY FUN - April 30, 2021

And now it's time for some FRIDAY FUN!

Court Decision Emphasizes Need to Ensure Accuracy of Online Communications

In a decision in favor of a plan sponsor and provider, a court took a moment to contemplate whether an online request met the ‘written request’ requirement to claim a violation under ERISA.

TRIVIAL PURSUITS: What do the M’s stand for in M&Ms?

Editorial: Alison Cooke Mintzer


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