PLANSPONSOR Weekend Newsdash
Week ending June 3rd, 2016
NOTE FROM THE EDITOR
Happy Friday, PLANADVISER readers. We all know that defined contribution plans represent the future of the U.S. retirement system—especially for the outlook of Millennials and Gen X. But it should also be noted that defined benefit pensions still represent a significant portion of the total assets saved today for retirement. Below you’ll find tips and strategies for servicing the still-sizable DB market with your DC skills. 
Editor's choice
Take PLANSPONSOR’s 2016 Survey of Third Party Administrators
PLANSPONSOR magazine is conducting this survey to provide retirement plans and their advisers a sense of the employer-sponsored retirement plan TPA market. Follow the link to participate and for more information. Read more >
Funding a Major Focus of DB Plan Sponsors
  While some companies still need to improve just to reach the minimum funded level required by law, others are working towards higher funded ratios for their pension plans. Advisers can help in both cases.    Read more >
DB Pension Buyout Market Maintains Impressive Pace
The latest U.S. Group Annuity Risk Transfer Survey from LIMRA Secure Retirement Institute shows group pension buy-out sales reached $1.084 billion in the first quarter of 2016. Buyouts are a complex maneuver during which advice can be invaluable.  Read more >
Considering Risk Transfer Top of Mind for DB Plan Sponsors
A recent survey demonstrates that pension risk management remains top of mind for many plan sponsors, and that a significant percentage of them are actively researching their de-risking options. Read more >
Consider Borrowing to Fund for DB Clients
Borrowing to fund pension deficits provides plan sponsors with a way to replace variable and potentially volatile debt obligation with a known, certain amount of debt at a fixed funding cost. Read more >
DB Plan Clients Facing a New Credit Market Liquidity Outlook
Pension plan sponsors want and need help assessing whether they are in the right vehicle structures or funds offering the right liquidity terms. Read more >
MOST POPULAR STORIES
Tax Bill Passed By Senate Backs Off 457(b), 403(b) Plan Changes

It appears some last-minute amendments have largely removed controversial provisions from the Senate’s version of tax reform legislation that would have had a big impact on governmental 457 and nonprofit 403(b) plan sponsors.

Excessive Fee Suit Filed Against Multiemployer Plan

The lawsuit challenges the use of retail share classes for the plan's investment menu and revenue-sharing paid to the plan's recordkeeper.

Spouses Play Increasingly Influential Role Alongside Advisers

Advisers focused on client retention take heed—spouses are increasingly influencing retirement income planning decisions, says Hearts & Wallets research.

CenturyLink Sued by Plan Participants Over Large Cap Stock Fund Construction

Plan fiduciaries are accused of breaching their duties in the design, management, operation and administration of an active large cap U.S. stock fund offered as a core menu investment option.

DOL Rule Provides Tailwind for Adoption of Outsourced Fiduciary Services

For the $5 million to $500 million DC plan market, advisers and consultants offering 3(38) discretionary investment advice are more common.

Editorial: Alison Cooke Mintzer alison.mintzer@strategic-i.com

Advertising: Paul Zampitella paul.zampitella@strategic-i.com

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