Pensions

While it’s widely assumed that defined benefit plans provide better retirement benefits than defined contribution plans that might not always the case.

Commentary: Pension liability risk management is now more critical than ever. If an employer triggers a withdrawal, they need to act within 90 days to preserve their legal rights.

Advisers are needed now more than ever to help individuals reach their retirement goals as employees assume the responsibility of managing their financial future.

Commentary: Bloviating terms have no meaning to plan participants, who simply want to know if their pensions will be delivered as promised.

The Internal Revenue Service and the Treasury Department have thrown a wrench into the pension de-risking plans of many corporations with new regulations aiming to eliminate the lump-sum payout option for retirees who already are receiving retirement benefits from their defined benefit plans.

Fiduciary responsibility requires the careful selection of default retirement investments. Benefit advisers can add value with knowledgeable advice on qualified default investment alternatives, including through the use of selection tools.