DC Sponsors See Value of Real Estate, but Have Concerns
Real estate has a place in defined contribution (DC) plans, the Defined Contribution Real Estate Council contends, but sponsors have concerns over valuation, liquidity and cost.
In Practice
Half of Boomers Do Not Know Retirement Need
More than half of Baby Boomers polled expressed uncertainty about how much money they will need in retirement.
Auto Features Boosting Participation, Savings Rates
Retirement plan participation and savings rates are rising due to adoption of automatic plan features, says Vanguard in “How America Saves 2014.”
Millennials Learned Lesson About Saving
A majority (80%) of Millennial Americans say the recession of 2008 taught them they have to save “now” to “survive” economic problems down the road.
Taxes a Surprise Expense in Retirement
Retirees significantly underestimated the impact taxes would have on them during retirement years, according to a recent Lincoln Financial Group survey.
Look Out, Retirement, the Boomers Are Coming
Is retirement the end of work? Not so fast, say the retirees and those contemplating retirement in a study by Merrill Lynch Bank of America.
Where There Is Room for Improvement in 403(b)s
While 403(b) plan sponsors are continuing to improve upon their plans to create better outcomes for participants, there are still a few areas in which they can improve.
Trustworthiness Important in Selecting Plan Provider
What factors influence plan sponsors' selection of retirement plan providers?
Sponsors Want Advisers to Adjust Focus
Plan sponsors want more consultation on outcomes and how to accurately measure and improve participants’ retirement readiness, says new research from the Principal Financial Group.
Employees More Focused on Overall Financial Wellness
Employees are showing more focus on their overall financial wellness, according to a Financial Finesse report.
PSNC 2014: Investment Diversification
Amid the discussion of industry best practices at the 2014 PLANSPONSOR National Conference, the question of the retirement plan investment menu and how it has or should evolve...
PSNC 2014: The RFP from Start to Finish
Choosing a provider for a plan starts with the request for proposal (RFP), and experts discussed best practices for the process at the PLANSPONSOR National Conference Tuesday.
PSNC 2014: Proper Investment Committee Governance
An investment committee must focus on fiduciary considerations at all times. Care, diligence, prudence and paying reasonable expenses should constantly be invoked by its members.
PSNC 2014: Moving the Needle
Other than automatic enrollment in a retirement plan and automatic escalation of employee deferrals into their plans, what are the top strategies for moving the needle on employees’...
PSNC 2014: Financial Wellness in the Workplace
When it comes to financial matters, employers should assume procrastination, inertia and a real lack of knowledge from employees, according to Janet Ganong, a financial consultant at the...
PSNC 2014: Plan Health and Retirement Readiness
The concept of “retirement plan health” means different things for plan sponsors and participants, but well-run plans can meet both sponsor and participant needs.
PSNC 2014: One-Size-Fits-All?
At the PLANSPONSOR National Conference in Chicago, four leading experts debated the merits of target-date funds (TDFs) versus target-risk funds (TRFs) and managed accounts.
Do You Practice Good Plan Marketing?
With so much regulatory complexity surrounding defined contribution (DC) retirement plans, it is not unusual for plan sponsors to overlook the more obvious considerations, says BlackRock’s Laraine McKinnon.
One Topic Is Crucial for Retention, Nationwide Says
Not talking about Social Security could come with a steep cost, says Nationwide in a survey that polled retirees and their experiences with the timing of benefits.
403(b)s Simplifying Investment Menus
Non-profit organizations that sponsor 403(b) plans are simplifying investment platforms by streamlining the options available for participants.