Advertisement
News
Pension de-risking occurred at a brisk pace in 2018. In fact, it was so robust, says a recent study, that if trends continue, a “significant portion” of the $3 trillion-plus of pension plan liabilities that have not been de-risked will be transferred in the next 10 years.
A variety of factors are...
READ MORE
The threat of being sued continues to dominate plan sponsor reluctance of being too innovative with their defined contribution plans, a recent study finds.
According to Alight Solution’s 2019 Hot Topics in Retirement and Financial Wellbeing report, “Building on the past, working toward the future...
READ MORE
When it comes to participant communications, a new white paper suggests that some retirement plan terms have meanings that are completely out of step with the definitions most people associate with them.
In “Boosting the effectiveness of retirement plan communications,” the Empower Institute...
READ MORE
In order to serve a client effectively — and fulfill fiduciary duties, BTW — a fiduciary of course must know their client. And one also must pursue the client’s best interest. But it’s possible that those goals may not always be congruent; in fact, they may even be mutually exclusive, argues a...
READ MORE
A fiduciary must be prudent. But what exactly is prudence? A recent blog entry broaches the subject.
In “Dear Prudence,” an entry in the blog The Research Puzzle, Tom Brakke writes that “at the core” of laws and regulations that guide those who assist others in managing their assets “is the...
READ MORE
Has an index fund become a presumption of prudence?
You may remember that not so very long ago, courts had determined that the holding of employer stock in Employee Stock Ownership Plans (ESOPs) was entitled to a presumption that their fund management was prudent under a “presumption of prudence”...
READ MORE
Employer sentiment regarding the most important employee behavior within their 401(k) plan has changed quite drastically over the past 15 years and will likely change again, according to Alight Solutions.
In 2005, interpreting new laws like the safe harbor for automatic rollovers and force-outs...
READ MORE
Like water poured on the top of a hill whose reach is quick and hard to control, the stalemate in Washington is spreading beyond what’s reported on the nightly news. Add retirement plan administration to the list of everyday functions that are now feeling the impacts.
The most predictable effect,...
READ MORE
Dearest ACOPA Members (and you are the dearest!) –
January 2018 set a record for most data requests sent in by my clients. But sure enough, January 2019 broke that record. Just keeping track of what has come in is a job itself, and enough to make my head spin. Presumably I am that much closer to...
READ MORE
If you’re like me, your ASC 715 valuations around 2013 and earlier often used for the mortality assumption what I’ll call the “IRS funding tables” – specifically, the separate or combined static annuitant/nonannuitant tables in effect for a given year published in IRS Notices. (And, if you’re like...
READ MORE