Planadviser Logo
Spotlight Logo
Wednesday, August 25th, 2021
A biweekly topical newsletter from PLANADVISER
PEPs MEPs and PPPs
Some in the retirement plan industry believe multiple employer plans (MEPs) and pooled employer plans (PEPs) will be transformational in the 401(k) space and lead to better outcomes for virtually all stakeholders. Some even argue PEPs, in particular, could eventually render single employer plans and MEPs much less valuable to employers and their people. Collected below is a series of articles on this important and evolving topic. We hope you share some of what you read with a client or colleague!
Practice Management
Gig Workers and PEPs—Coverage Lessons From the UK
One established provider of pooled employer plans in the United Kingdom says the promise of PEPs is big here in the U.S., but they might not be the ticket for solving the entire coverage gap, especially for gig workers.
Once They Catch On, PEPs Could Grow Exponentially
The current hesitancy over how they will take shape will be overcome by appreciation among advisers and sponsors alike at the prospect of expanding retirement coverage, sources say.
Service Launches to Help Plan Advisers Evaluate PEPs, PPPs offers three levels of service, from access to a database about pooled plan providers and their pooled employer plans to a full request for proposals process.
PEPs’ Predicted Growth
Advisers ‘on the fence’ may have several reasons to change their minds.
Client Service
Client Considerations as PEPs Come Online
Sources say advisers should expect more questions about pooled employer plans as the year unfolds and this new marketplace develops.
Practice Management
Pooled Employer Plans and 3(38) Fiduciary Advisers
One provider getting ready to launch a SECURE Act-enabled pooled employer plan on January 1 says he is already in conversation with advisers about combining 3(38) fiduciary oversight with PEP recordkeeping and administration.
Did someone forward you this newsletter?
Sign up here to get PLANADVISER Spotlight directly in your mailbox!
rss icon twitter icon linkedin-in icon facebook icon
Unsubscribe | Manage Subscriptions | Contact Us | Privacy Policy | Advertise
©2023 Asset International Inc. All rights reserved.
702 King Farm Boulevard, Suite 400, Rockville, MD 20850