PLANSPONSOR Weekend Newsdash
Week ending November 9th, 2018

Happy Friday, PLANSPONSOR readers! In this week’s edition, we highlight financial wellness and participant education. A Security Benefit study found Millennial teachers are searching for education about investing, while a report from Ascensus deems younger savers as the generation most likely to meet their retirement goals. A high number of employers are measuring financial readiness with their employees, and at the same time another set of plan sponsors is evaluating how questions of longevity tie to participant education. A Hearts & Wallets study analyzes why participants ignore education when facing daunting financial obstacles. All this and more in this week’s issue of PLANSPONSOR Weekend.

Editor's choice
Participants
Millennial Educators Especially Want Retirement Savings Investing Help
While a majority cite credit card and student loan debt as obstacles to reaching financial goals, Millennial educators are paying attention to retirement savings.Read more >
Data and Research
Young Savers Most Likely to Meet Retirement Goals
Workers younger than 35 are realizing they need to start saving now, according to Ascensus; however, only 30% are on track to meet their retirement savings goals.Read more >
Data and Research
More Employers Monitoring Retirement Readiness of Employees
In addition, to help employees reduce their debt stress and maximize their retirement plan savings, more employers are developing financial wellbeing initiatives, Arthur J. Gallagher & Co. found.Read more >
Data and Research
Longevity Concerns Inform Education Opportunities
BMO Wealth Management U.S. says individuals should know to plan for living beyond the average life expectancy and what medical expenses to expect, among other things.Read more >
Data and Research
Individuals Not Seeking Help for the Hardest Retirement Concerns
A study found the top financial tasks individuals need help with include choosing when to retire, choosing appropriate investments and developing a strategy to withdraw from multiple accounts.Read more >
MOST POPULAR STORIES
TRIVIAL PURSUITS: What do the M’s stand for in M&Ms?
2020 Recordkeeping Survey
TRIVIAL PURSUITS: Meaning and Origin of the Idiom “Watershed Moment?”

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

John Hancock Agrees to Procedural Changes in ERISA Suit Settlement

In addition to a $14 million payment, the defendants agreed to retain an independent third-party investment consultant to review investment options in the plan, among other things.

2021 Defined Benefit Administration Survey

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

Advertising: advertise@strategic-i.com

Subscribe to NewsDash, click here.
To unsubscribe, click here.
BrightScope / CIO / FWW / Investor Economics / LiquidMetrix / Market Metrics / Matrix Solutions / PLANADVISER / Plan For Life / PLANSPONSOR / Simfund