Administration

Now that automatic and default features have gained widespread acceptance in DC retirement plans, it may be time to consider additional steps to further enhance participant retirement preparedness.

There are goals and deadlines during the termination process, so a plan sponsor doesn’t want to hit a roadblock and have to start the process all over again.

The firm is terminating its pension plan via a combination of lump-sum distributions and an annuity purchase.

Willis Towers Watson offers nine actions for DC plan sponsors to mitigate risks in 2019.

Willis Towers Watson offers 10 investment actions for DB plans in 2019.

Reporting proposals from the Actuarial Standards Board and Congress, as well as new proposed mortality tables from the Society of Actuaries could result in a higher valuation of...

Nearly all of those who work with an adviser feel they have prepared themselves well for estimating their monthly income needs in retirement, Voya Financial learned in a...

Jana Steele, senior vice president and researcher for Callan, says auto-portability is the next natural extension of highly successful plan design innovations from the past decade.

Setting defaults too low, choosing the wrong default investment and offering company stock as an investment option could result in unintended consequences, BlackRock found.

Research published by NTSA also finds a 203% increase in average contribution rates among plans providing access to 15 or more providers compared to plans with only one...

Entities that monitor defined benefit (DB) plan funded status noted that the decline could have been worse had interest rates not increased and pushed down plans’ liabilities.

Scripps Chief Financial Officer Lisa Knutson says the pension risk transfer agreement is “another move in the company’s effort to de-risk its pension plan.”

They can also prompt participants to make other important improvements to their savings strategies, Voya Financial learned.

The challenge of learning to think strategically impacts plans of all sizes, says Mel Hooker at Wells Fargo; even large employers with ample resources can have trouble setting...

The Standard recommends automatic plan features as well as managed accounts.

An article by Brian Donohue, partner at October Three Consulting, discusses how a funding surplus can pose a challenge to DB plan sponsors’ risk transfer or plan termination...

When compared with 2017 projections, life expectancy for 65-year-old private pension participants decreased slightly less than one month for women, and faintly more than a month for men.