PLANSPONSOR Weekend Newsdash
Week ending October 6th, 2017

Happy Friday, PLANSPONSOR readers! This week’s focus is on plan design and administration. Our annual Defined Contribution (DC) Survey serves as a source for plan sponsors wanting to benchmark their plan designs, and the opportunity to participate in our 2017 survey is now open. According to a survey by Deloitte, plan sponsors are focusing more on fiduciary responsibilities—by lowering investing costs, tracking retirement readiness and using targeted communications, among other things. And speaking of retirement readiness, a white paper from TIAA suggests policy changes and plan sponsor initiatives can make in-plan guaranteed income options more appealing. For those plan sponsors that use the services of a third-party administrator (TPA), changes in the market are leading TPAs to offer more services. And, retirement plan sponsors are not the only ones focused on plan design and administration; sponsors of self-insured health benefits can learn from insurers about the best management and plan design for their plans. Enjoy this edition of PLANSPONSOR Weekend!

Editor's choice
Deals and People
2017 Annual Defined Contribution (DC) Survey Now Open!
Looking to benchmark your DC plan? Want to recognize your provider/service team for outstanding service or offer confidential feedback about areas for improvement? Our annual DC Survey can help. Read more >
Data and Research
Sponsors More Focused on Their Fiduciary Responsibilities
The uncertainty over the fiduciary rule and increased participant litigation are prompting sponsors to move to lower-cost investment options, conduct retirement readiness assessments and target communications. Read more >
Embracing In-Plan Annuities
Specific policy changes and plan sponsor initiatives can make guaranteed lifetime income a norm in the DC plan space, TIAA suggests. Read more >
The TPA Landscape Is Changing
There have been a rash of third-party administrator (TPA) acquisitions recently, and TPAs are offering new services. Read more >
Saving on Health Benefit Costs With Self-Insured Plans
There is a move among employers to self-insure health benefits, but if employers don’t act like insurers, they are missing out on the total cost-saving potential. Read more >
J.P. Morgan Agrees to Settle Stable Value Funds Suit

The firm has agreed to pay $75 million to settle litigation brought by multiple retirement plan participants alleging J.P. Morgan invested its stable value funds in risky assets.

SECURE Act Passes House, Bringing Calls for Senate Collaboration

Reflecting on the much-anticipated House vote, Kevin Walsh, principal with Groom Law Group, said today is an important day for the retirement industry, but it’s not the end of the story.

Individuals, Employers and Government All Play a Part in Retirement Readiness

A new research report and Catherine Collinson, with Transamerica Center for Retirement Studies, lay out steps all three can take to improve retirement confidence and readiness in America.

Participant Loans: A Fiduciary Storm Brewing?
Bruce Ashton, with Drinker Biddle & Reath, discusses the fiduciary risk defined contribution (DC) plan sponsors could face when participants default on plan loans.
What to Know About Financial Audits Filed with Form 5500s
Plan sponsors required to file a financial audit along with their Form 5500 should know how regulators use the information and how to pick the best auditor.

Editorial: Alison Cooke Mintzer

Advertising: Paul Zampitella

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