Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
August 28th, 2019
Another Provider’s TDFs Called Out in ERISA Lawsuit
The lawsuit accuses the retirement plan committee of CHS/Community Health Systems, Inc. Retirement Savings Plan and Principal defendants of imprudent management of the plan and its investments. Read more >
Appellate Court Finds Summary Judgment Was Hasty in Church Plan Challenge
A district court granted summary judgment to OSF Healthcare System, but the 7th Circuit found there are genuine issues of material law that warrant more discovery in the case. Read more >
Plan Sponsors Calling on Advisers to Improve Participant Outcomes
“They are hiring advisers to understand how well their plan is functioning and how to improve it,” Jordan Burgess, with Fidelity Institutional Asset Management, tells PLANADVISER. Read more >
Interest Rate Risk a Growing Concern for Boomers
This should be a focus when looking at target-date funds (TDFs) often used as the default investment in employer-sponsored defined contribution (DC) plans. Read more >