Retirement Planning Isn’t Just About Saving
During National Retirement Security Week, industry sources remind plan sponsors that education should include all factors in the realm of retirement planning.
Administration
OPERS Reduces Return Assumptions
OPERS said the move is expected to lower its funding level, but increase the time in which it can pay off liabilities.
Learning Lessons From ‘High Influence’ Plans
New Wells Fargo plan health research shows “high influence” plans do not all look the same, nor are they just the most generous plans in terms of the...
Goldman Sachs: Many Pensions Stand in PRT Goldilocks Zone
If interest rates continue to rise, this may have a negative impact on equity valuations; consequently, according to Goldman Sachs research, the present period may represent a limited...
Third Parties Help Small DB Plans With Administration
Larger DB plans have access to liability hedging, overlay managers and derivatives to manage interest rate risk, and small plans want these capabilities but cannot afford the expense,...
Deloitte Makes Suggestions for Addressing Loan Leakage From Retirement Accounts
A Deloitte analysis finds a typical defaulting borrower could lose $300,000 in retirement savings over his career.
Money Personalities Can Inform Financial Wellness Program Decisions
PwC has identified findings about money personalities and behaviors that can influence how employers tailor their approach to financial wellness programs.
Corporate Pension Funding Ratios Greater Than 90% After September
Some firms that track pension funded status point out that plan sponsors should prepare for changes in the future as a market correction is expected and funding relief...
Following Retirement Plan Rules When a Part-Time Employee Is Hired Full-Time
When a part-time or seasonal employee is hired full-time, past service, plan document provisions and the law are critical to determining retirement plan eligibility and vesting.
Prudential Takes on $1.6 Billion PRT from International Paper
The sizable deal comes as more large employers close to within striking distance of PRT transactions.
Managing Growing PBGC Premiums
How do plan sponsors do that, and have they already taken steps to do so?
Using Detailed Plan and Participant Analytics Can Improve Retirement Readiness
Willis Towers Watson believes plan-wide statistics on mean or median participation rates, balances or contribution rates measure aggregate data on all participants but offer little in the way...
Transamerica Offers Suggestions for Further Improving Retirement Security
While defined contribution plans showed resilience during the Great Depression and recovery, more can be done to help participants, Transamerica Center for Retirement Studies says.
Funding Level Rises for City and County Pension Plans
“The increase in global equity values for the 12-month period ending June 30, 2017 was a primary driver of the improved funding levels,” says Ned McGuire, at Wilshire...
August DB Funded Status Remains Level at 91%
The aggregate funded ratio is up 6.1 percentage points year to date, according to Wilshire Consulting.
Demand Growing for OCIO and PRT Services
Greg Calnon, with Goldman Sachs Asset Management, discusses how outsourced chief investment officer solutions are moving into the DC plan space and how OCIOs can help with pension...
Proper Asset Allocation Often Overlooked, Sibson Says
The right allocation could boost returns over a person's career by as much as 34%, the consulting firm says.
Segal Group Recommends Steps for DC Plan Cybersecurity
Among other things, it is recommended that plan sponsors minimize requests for and use of personally identifiable information and review recordkeepers' security procedures.
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 Cohen, head of institutional defined contribution for PGIM.
Mercer Makes Recommendations for Finding Missing Participants
If there are missing participants that plan sponsors have not made a genuine effort to find, “the entire plan could be disqualified under the tax code and the...