Sponsors’ Unique Objectives Guide Retirement Income Discussions
“There is a lot of value in having conversations about retirement income that are not just product driven,” said Josh...
Tag: Defined Contribution (DC)
Cash Incentives Boost Financial Wellness Program Performance
A report from Bank of America Merrill Lynch shows employees who do not feel financially well are most concerned about...
DC Plan Priorities Make ESG More Palatable
One reason DC plans are outpacing DB plans in terms of ESG adoption has to do with a difference in...
Products |
Milliman Aims for Reinvigorated Growth by ‘Bringing Together’ DC and DB Businesses
In creating a unified sales and service structure for DC, DB, multiemployer and association retirement plans, the firm wants to provide...
Products |
Personalized Planning & Advice Managed Account Solution Launched by Fidelity
Through the expanded Fidelity managed account program, employees will benefit from “ongoing, proactive engagement, including expanded annual checkups, reminders, and...
Small Businesses Embracing Progressive Retirement Plan Design Features
In addition, Vanguard found among its book of business a large increase in the number of small businesses offering retirement...
Benefits |
One Year In, Assessing the Progress of OregonSaves
In a broad statement marking the first anniversary of the OregonSaves program, State Treasurer Tobias Read suggests the pace of...
Cerulli: Participants Are ‘Generally Clueless’ About DC Plan Decumulation
A new Cerulli Associates survey suggests that at least half of 401(k) plan participants have no idea what to do...
Xerox HR Solutions Wins Another Dismissal in ERISA Challenge
The text of the new decision says the second amended complaint has failed because “it is an attempt to replead...
Plan Sponsors and Participants Must Confront Sequence Risk
Target-date funds and defined contribution plans hold more assets now than ever before—putting pressure on plan sponsors to understand all...
Benefits |
PSNC 2018: A Shift in Educating Participants—What Is Financial Wellness?
Is it more than education? Is it a full-blown program or something spontaneous and ad hoc? How frequently is it...
PSNC 2018: Retirement Security at an Inflection Point, Part 2
The trust and expectation that employees place in their employers to help them prepare effectively for retirement is stronger than...
Plan Fees Have Fallen, But So Have Deferral Rates
Data from BMO GAM shows DC retirement plan fees have fallen for all sizes of plan sponsors except those with...
NTAM Factor Research Leader: Get Paid for the Risk You Take
Many institutions have found real success with factor investing and smart-beta, but there are some emerging challenges that investors should...
Income Taxes Follow Participants Into Retirement
Near-retirees broadly worry about future health care costs, the impact of inflation and market downturns—but relatively few are tackling the...
ERISA Litigation Targets Lowe’s, Aon Hewitt Investment Consultants
Participants in the Lowe’s 401(k) plan have filed an ERISA complaint against their employer and Aon Hewitt Investment Consultants over...
‘Peeps’ Candy Company Loses Appeal in Multiemployer Pension Funding Case
The employer sought to carve out new hires from a critical-status multiemployer pension fund and instead direct their contributions into...
DC Plan Provider Web Portal Designs Growing More Responsive
Mobile-friendly, responsive web portal design has increased in the retirement industry to match consumers’ rising desires to be able to...
PGIM DC Leader Urges Aggressive Plan Design, Sponsor Courage
Drawing insights from across the entire Prudential Financial organization, Josh Cohen, PGIM head of defined contribution, offers some sobering statistics...
Confusion About HSAs Remains Default Employee Position
A new survey shows many Americans are flatly unaware that they can use their health savings account assets accumulated in...