Data and Research | May 25th, 2023 Millennials Retirement Readiness Fell the Most From 2020 Average retirement account balances increased by 5% from last quarter, in positive movements.
Products | April 27th, 2023 Investment Product and Service Launches Nationwide adds in-plan guarantee for managed accounts; Alto announces capital-raising platform to tap IRA Funds; and more.
Benefits | March 1st, 2023 Defined Benefit Plans Live On as Older, Wise Neighbors, Where DC Plans Can Borrow Ideas A plan sponsor, academics and pension benefit expert agree that defined benefit plans are largely on the way out, yet...
Deals and People | February 23rd, 2023 Aon Builds PEP Business With Four New Positions Aon is betting on further pooled employer plan growth with added headcount.
Products | February 23rd, 2023 WTW Launches Its First Pooled Employer Plan Retirement advisory WTW launches LifeSight PEP with Transamerica as recordkeeper.
Ask the Experts | January 24th, 2023 How Does SECURE 2.0 Affect The Due Date for SECURE and CARES Act Plan Amendments? Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
Data and Research | January 4th, 2023 Employers Have Enhanced Well-Being Programs, Not Added Annuities Employers have embraced 401(k) plan benefits changes for 2023 but have avoided certain enhancements provided by the original SECURE Act.
Compliance | December 23rd, 2022 Congress Passes SECURE 2.0 The sweeping retirement reform will usher in both short- and long-term efforts to expand retirement savings to more Americans.
Compliance | November 23rd, 2022 A Time For Plan Sponsors To Complete 2022 Year-End Amendments and Operational Compliance Late November means Thanksgiving and colder temperatures, and for retirement plan sponsors—detailed in blog post by Groom Law Group—the time...
Compliance | November 11th, 2022 DOL Clears Question over Plan Sponsor PEP Member Responsibility for Fidelity Bonds The department Labor replied with information for the SECURE Act amendments to ERISA that relate to the bonding requirements under...
Administration | October 20th, 2022 Annuities Gain Steam as Part of Target-Date Funds Cerulli retirement research shows consultants favor TDFs with guaranteed income for plan sponsors’ lifetime income options.
Benefits | October 12th, 2022 Aon PEP Passes Assets Milestone Aon has accumulated $1billion in plan assets and commitments since it launched the pooled employer plan.
Investing | September 15th, 2022 Wilmington Trust Launches CIT Onboarding Tool The tool for employer-sponsored plans seeks ‘democratization’ of the use of collective investment trusts.
Data and Research | September 14th, 2022 Social Security Fears Drive Early Benefit Claims Schroders finds that almost half of workers surveyed have no strategy to generate retirement income.
Products | August 26th, 2022 Dated Thinking May Be Holding Back Annuities Rising interest rates and increased market volatility could drive plan sponsors to take a fresh look at incorporating annuities.
Administration | August 2nd, 2022 IRS Updates Life Expectancy Tables for Retirees The tax and spending watchdog has changed the defined contribution account withdrawal rules for retirement plan participants.
Data and Research | July 26th, 2022 Mega DC Plans Nudge Workers to Increase Savings The 50 largest Northern Trust Asset Management plan sponsors are using auto-escalation to boost savings, but they are not focused...
Compliance | May 26th, 2022 Department of Labor Announces Final Form 5500 Changes The changes to Form 5500 for defined contribution and defined benefit plans are modest.
Data and Research | May 5th, 2022 Small Employers Are Showing Interest in PEPs Among plan sponsors with fewer than 100 workers, interest in pooled employer plans has begun to take shape.
Data and Research | May 2nd, 2022 Retirement Plan Appreciation Remains High However, survey data shows there are some areas where employers could improve their communication strategies to optimize plan utilization and...