They are finding this results in better performance and reduced litigation risk.
Outcomes from using an OCIO have been generally positive and have the potential to improve DB plan funded status, particularly in volatile market conditions, the firm says.
The solution helps OCIOs by leveraging the globally proven pControl multi-asset investment platform and has capabilities spanning front, middle and back office functions.
SEI outlines best practices, including relying on outside providers.
Outsourced chief investment officer assets managed with discretion have more than doubled to nearly $1.3 trillion over the past five years, according to Cerulli Associates.
The platform will perform “virtually all administrative tasks required by a company to offer a 401(k), removing this burden from company employees and executives.”
The company expects the actions will reduce the overall size of its pension obligations by approximately $1.77 billion.
Plan sponsors need help assessing several factors before deciding whether to purchase an annuity buyout for their DB plans.
Retirement plan sponsors and advisers working with MassMutual now have greater flexibility and expanded tools and technology to help manage their fiduciary obligations and risks.
Amid the rise of automated solutions and tech-driven plans, people still want a human voice.
A study commissioned by Paychex shows process simplification and peace of mind are the leading factors driving small business owners to outsource employee benefit administration.
Leaders of public pensions around the world agree that digital technology will improve participant services and administrative efficiency—and they want help with implementation.
The two companies will handle all of the plan administration.
Rebranded as Verus Advisory Inc. and Verus Investors LLC, the former Wurts & Associates is looking to double down on its investment research and consulting services.
Jim Neill, Michael Dudkowski and Michael Patalsky join professional services firm Towers Watson from Wilshire Associates.
Trust, transparency and time are essential ingredients of the successful OCIO relationship, says Towers Watson in its annual Global Investment Matters publication.
The 2014 ERISA Advisory Council made several recommendations to the Department of Labor (DOL) related to outsourcing employee benefit plan services.
In 2015, the question for defined benefit plan sponsors and their advisers will not just be, “What will interest rates do?”
QBI, a provider of administration and consulting services for qualified retirement plans, launched a new service providing 3(16) fiduciary support to plan sponsors.
A survey from Towers Watson reveals some emerging and growing trends in defined contribution plan design, investments, fees and communications.