Retirement education

Natixis Global Asset Management is offering a new benefit that it hopes will allow more employees to begin saving for retirement instead of spending all of their extra money paying off student loan debt.

Employers have either dropped the ball when it comes to offering employees retirement transition assistance like flexible work arrangements, retirement seminars or financial counseling, or employees are just not aware of the benefits their employers offer.

Under new final regulations, which take effect Jan. 1, 2016, the Pension Benefit Guaranty Corporation substantially reduced the reporting requirements for pension plan administrators, sponsors and contributing employers.

As LIMRA celebrates 100 years in the industry in 2016, the association will renew its focus on retirement research, education and training and continue to evaluate the impact of the DOL’s pending fiduciary rule.