Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
August 17th, 2016
Plan Sponsors Clearly Focused on Fiduciary DC Specialist Advisers
For the first time in seven annual editions of its Plan Sponsor Attitudes Survey, fiduciary responsibility is cited as the top reason plan sponsors start using retirement plan advisers. Read more >
The Value of Surveying Your Clients
Client surveys can help solidify relationships and, when the results are positive, yield potential references and help advisers better crystalize their value proposition. Read more >
DB and DC Live Side-By-Side in the Non-Profit Space
Data reveals defined contribution plans are the most widely available retirement planning benefit even among non-profit employers. In the education sector, for example, 86% of employees participate in a DC plan, while 36% have access to a DB plan. Read more >
More 401(k) Plans Adopting 6% as the Default Deferral Rate
T. Rowe Price also found that plans with automatic enrollment have an 88% participation rate, compared to 48% of plans where it is up to participants to take the initiative to opt into their retirement plan. Read more >
Many Retirees Wish They Had Delayed Taking Social Security Benefits
SECURE Act's House Passage Brings Test of Congressional Mediators
Some Expect Senate Action Sooner Than Later on SECURE Act
Another Bill Proposed as Senate Committee Hearing Brings Calls for Retirement Action
J.P. Morgan Agrees to Pay $75 Million to Settle ERISA Lawsuit
For-Profit Private-Sector Employees Fully Embrace DC Plans
Pensions are not entirely a thing of the past, but few employees in the for-profit private sector have access to a defined benefit plan, relying instead on defined contribution plans and other means of personal savings. Read more >
ETF-Based Plan Platform Rolled Out by Capital One
Spark 401k provides access to low-cost ETFs that keep investment expenses less than 1%, helping employees further grow their nest egg. Read more >
Retiree Health Care Cost Estimates Rise
According to research by Fidelity, couples retiring in 2016 can expect to pay $260,000 on health care throughout retirement or 6% more than the previous year’s estimate. Read more >

Editorial: Alison Cooke Mintzer

Advertising: Paul Zampitella

Subscribe to Adviserdash, click here .

To unsubscribe, click here.

BrightScope / CIO / FWW / Investor Economics / LiquidMetrix / Market Metrics / Matrix Solutions / PLANADVISER / Plan For Life / PLANSPONSOR / Simfund