Retirement

The consultancy’s Web portal enables a variety of plans to be offered by employers, who are cutting back on benefits for retirees.

While there are several reasons pension plan sponsors are looking to address risk in their plans, reducing Pension Benefit Guaranty Corporation premiums remains a concern many plan to address in the coming year.

The roll-in is one of the more valuable, yet under-appreciated, 401(k) plan features.

Most 401(k) plan sponsors work with an investment adviser to help them manage their 401(k) plans. Many are unaware that it is reasonable to expect their investment adviser to help with various vendor management duties.

Educating employers and employees about retirement using a holistic approach, advisers say, has increased employee understanding and engagement in their benefit plans.

Commentary: Given the shifts in the industry, advisers also need to help plan sponsor clients think about retirement benefit programs from a different perspective, says T. Rowe Price’s Francisco Negron.

Having an effective employee engagement strategy is one of the most important components of running a successful retirement plan, says EBA columnist John Ludwig.

401(k) plans have spun a leak, as a growing number of in-service withdrawals are hurting retirement readiness.

The rest of the world is following the U.S. lead in embracing the defined contribution model of retirement savings plans, with America’s employer-sponsored plans taking a huge share of global assets. And with those huge assets come huge risks.

Annuity providers are putting on a full-court press to encourage employers to give serious consideration to incorporating lifetime income solutions to their defined contribution plan participants.