Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
June 19th, 2019
MFS Reaches Settlement Agreement in ERISA Lawsuit
Under the settlement, MFS shall cause its insurers to pay $6,875,000 into a qualified settlement fund to resolve the claims of the court-approved class.  Read more >
Seniors Worried Health Care Costs Will Outpace Retirement Savings
Women are even more concerned than men, with 60% worried about the rising costs of health care and 46% worried about prescription drug costs. Sixty-eight percent of Americans age 60 and older with household incomes of less than $50,000 are worried.  Read more >
Nudging Participants to Rebalance Portfolios
For those plans where participants are left to make investment decisions on their own, experts agree, it is critically important for advisers to educate them about the proper diversification. Read more >