PSNC 2021: Managing Crisis: Investing Lessons From an Aging Workforce
There are plan design features, communications and investment options that can help participants near retirement stay on track for retirement security.
Administration
PSNC 2021: Plan Design Elements to Improve Outcomes
Now that the worst of the coronavirus pandemic has lifted and work has largely returned to normalcy, so too has retirement plan sponsors’ commitment to finessing plan design.
PSNC 2021: How Outsourcing Fits into Your Plan Administration
Today’s recordkeepers, advisers and plan sponsors all view outsourcing as part and parcel of a retirement plan’s day-to-day operations.
PSNC 2021: What to Expect From Provider Relationships
Industry experts discussed how to work with providers to ensure success for your plan.
Plan Sponsors Should Prudently Manage ERISA Accounts
ERISA accounts are created by revenue sharing from funds in a DC plan, and many participant lawsuits have questioned the prudent and fair management of revenue sharing.
What Advisers Would Like Plan Sponsors to Better Understand
Advisers wish fiduciary responsibilities were more top-of-mind for committees and that sponsors would better define what success means for their plans.
Helping Sponsors Speak in the New Retirement Income Tongue
DCIIA hopes its new retirement income glossary will help sponsors ask important questions, such as, “Do we want to keep retirees in the plan?”
Technology and Personalization Play a Part in Next Gen Retirement Income
Helping DC plan participants create retirement income starts with the savings experience and includes using technology to offer customization opportunities, as well as non-guaranteed and guaranteed investments.
The DOL’s Cybersecurity Guidance in Practice
Experts share insights about implementing the guidance and warn that plan sponsors can expect investigations from the agency now that there are guidelines.
You’ve Overpaid Retirement Benefits to a Participant … Now What?
Overpayments are more common than many sponsors think; they should understand the steps they can take to get the money back.
Two Approaches to Benchmarking Plan Fees
A quick comparison of prices paid by plan sponsor peers can let a sponsor know if it should issue an RFI or RFP.
Expanding Sustainability Outside of ESG Investments
Sustainability doesn’t just come from green investments. Plan sponsors can also incorporate sustainable practices in their day-to-day work.
Variable Benefit Plans a Solution for All Types of Plan Sponsors
Corporate, multiemployer and public plan sponsors have been drawn to variable benefit plans for their ability to minimize costs while offering guaranteed income to participants.
Forces Come Together to Make PRTs More Attractive
Increased funded status for DB plans and rising interest rates make now a good time for plan sponsors to consider implementing pension risk transfer transactions.
As More Retirees Remain in Plans, Retirement Income Solutions Follow
Sponsors also say the fiduciary oversight and lower fees that come with staying in the plan help participants.
Simplifying the Retirement Planning Message
Employees need to be taught how to manage finances and save for the future before being advised on how to create an income stream in retirement.
Questions Sponsors Need to Ask When Hiring a 3(38) Fiduciary
DC plan sponsors should examine a potential investment manager’s approach to governance as well as investing, and they should review past performance results.
Sponsors Should Have a Plan in the Event of a Cyberattack
It could be helpful to hire a third-party specialist to do a risk assessment of the handling of participant data.
A Checklist for Retirement Plan Committees
Experts discuss what main facets of a retirement plan that a committee should cover in its quarterly meetings.