Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
June 17th, 2015
House Committee Moves to Defund Fiduciary Rule Effort
An early stage funding bill provides a total of $11.7 billion for the DOL—$206 million below the fiscal year 2015 enacted level and $1.4 billion below the President’s request. Included in the funding legislation is a section called “Reducing Harmful Red Tape,” which calls for a cut in funding for the controversial fiduciary redefinition effort. Read more >
Addressing a Global Wave of Retirement Uncertainty
The retirement planning arena is flush with esoteric data and statistics, but once in a while you see figure that clearly broadcasts the opportunities and challenges faced by individual retirement savers. One of those statistics: By 2050, nearly 690 million people will be over the age of 60 in mainland China alone. Read more >
Challenges of Retirement Plans with Union Members
Retirement plans at organizations where the workforce is largely unionized have the unique challenge of being obligated to negotiate plan terms with the union. It’s a process that can be very burdensome, experts say, but also very rewarding. Read more >
Top Trends in the Adviser-Sold Investment Markets
Retirement specialist advisers will be well aware that share class issues and movement towards flat-fee for advice arrangements are reshaping how fund providers package and sell their retirement plan products—but Strategic Insight research shows these trends extend widely across adviser-sold channels. Read more >
MOST READ ARTICLES
1
Tax Bill Passed By Senate Backs Off 457(b), 403(b) Plan Changes
2
Pass-Through Tax Reform Impact on Small Businesses May Be Mitigated via Roth
3
Education on Lifetime Income Needed in Not-for-Profit Sector
4
Congressional Democrats Continue Push on Butch Lewis Act
5
Settlement Ends Fujitsu Lawsuit Filed Over Plan Fees, Custom TDFs
GAO Finds Overactive Participant Trading Is Rare
GAO reports often criticize current business or regulatory practices—but a new report on in-plan trading restrictions suggests current regulation strikes an appropriate balance between a participant’s ability to freely manage retirement investments and the duty of plan fiduciaries and investment managers to operate plans efficiently. Read more >
MassMutual Finds Hispanic Workers Need Social Security Info
Almost half of Hispanic respondents missed more than half of the correct answers to a true-or-false quiz about Social Security facts, according to a MassMutual survey that aimed to determine how much people in the U.S. know about Social Security. In another section of MassMutual’s research, findings revealed that most people in the general U.S. population flunked a 10-question quiz on Social Security. Read more >
Pensionmark Introduces Custom TDFs
Created in partnership with Wilmington Trust, which will act as trustee, and BlackRock, which will serve as the manager of the portfolios, Pensionmark Financial Group has launched a suite of custom target-date funds, known as the Pensionmark SmartLifecycle Funds. Read more >
LifeLock Offers 401(k) Identity Protection
LifeLock has created a product specifically to protect 401(k) investors from fraudulent withdrawals and transfers, as well as identity theft to obtain loans, credit or services. The service is available through employers and brokers, and is funded through payroll deduction at a competitive price. Read more >
MainStay Adds Two to DCIO Team
MainStay Investments has hired two senior regional vice presidents in its defined contribution investment only practice. With decades of combined experience, Dana Hartwell joins MainStay from Hartford Funds, while Douglas Dhom comes to the firm from Invesco. Read more >

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

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

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