DB Plan Sponsors Need to Prepare for Lack of Funding Relief |
Funding relief for defined benefit plans is currently scheduled to end in 2020, and plan sponsors could face a spike in contributions.
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IRS Proposes New Mortality Tables for DB Plans |
These proposals would also update the requirements a plan sponsor must meet to obtain IRS approval to use mortality tables specific to the plan for minimum funding purposes, instead of the generally applicable mortality tables.
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DOL Offers New Guidance on Proxy Voting by Benefits Plans |
The DOL says existing guidance to plan fiduciaries has been out of step with domestic and international trends in investment management, and has potential to dissuade fiduciaries from exercising shareholder rights, including the voting of proxies.
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QBI Releases Secure Client Dashboard |
The new platform aims to facilitate clients’ access to data and management.
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