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Magazine

TABLE OF CONTENTS

June 2008


Political Partings









ALSO INSIDE



Cover

Political Partings

Health insurance represents 7.8% of employee compensation, according to the Bureau of Labor Statistics—but that belies its importance to most American workers, and its significance in the lives of most plan sponsors.

Editorial

Feathering Your Nest Egg: PLANSPONSOR 2008 Essential Guide to Asset Allocation Offerings: The Exception to 'the Rule'

Plan fiduciaries often—and with good reason—are cautious when it comes to the embrace of new product solutions.

Election Nearing

One need look no further than two key areas of concern for plan sponsors—health care and retirement­ savings—to gain a sense of just how different the future of workplace benefits could be.

IMHO

Their Own Devices

It's an election year, after all—and, while most of the rhetoric revolves around targeting only "the wealthiest Americans," it's hard to shake a sense that the impact will be less than precisely targeted.

Feathering Your Nest Egg: PLANSPONSOR 2008 Essential Guide to Asset Allocation Offerings: A "Simple" Plan

More than a decade ago, my mom was getting her finances ready for retirement.

UpFront

June 2008

PLANSPONSOR.com news articles that also appeared in the Upfront section of the June issue.


War Stories

June 2008

We all have them: those front-line experiences that are -inevitable when one deals with the variety—and sensitivity—of issues associated with human beings and critical life events.

Survey Says

How Relevant is Your College Major

In addition to the things that "normally" keep me busy, I was recently out college "shopping" with my middle daughter.

Bells & Whistles

June 2008

Each month, Bells & Whistles highlights recent product introductions that plan sponsors may find of interest.

Feature

Names Sakes

Randy Johnson is still hurling fastballs and changeups for the Arizona Diamondbacks at the ripe old age of 44.

Feathering Your Nest Egg: PLANSPONSOR 2008 Essential Guide to Asset Allocation Offerings

Few product innovations have been as well-designed for the needs of retirement plans and retirement plan participants as asset-allocation funds.

Head of the Class

Riding Out the Storm

Q1 was rough for hedge funds, but managers see better times ahead

The Bottom Line

Names Sakes

ERISA accounts, more colloquially known as ERISA budgets, have gained increased prominence in recent months as part of a renewed focus on 401(k) plan fees and expenses.

Case Sensitive

Mistaken Reliance

John W. Livick v. The Gillette Company; The Gillette Company Retirement Plan

Q/A

Change Agent

In May 1999, when Prudential Securities hired Charles Millard, then head of the New York City Economic Development Corporation in the Giuliani administration, to run a new group within the investment banking department, a Prudential executive described the new hire as a man with "a talent for getting things done."

Barry's Pickings

Political Divide

In April, the House Education and Labor Committee reported out a 401(k) fee bill.

Voice

Patch Work

If you kept putting change into a pocket with a hole in it, how much money could potentially leak out over a year's time?

Saxon Angle

Seventh Haven

The Department of Labor (DoL) recently announced changes to the "plan asset" guidelines affecting the time frame in which participant contributions must be transmitted to plans with fewer than 100 participants.

Just out of Reish

For Better or Worse?

How should plan sponsors react to the Department of Labor's new requirements for service provider disclosures?

Special Report

Feathering Your Nest Egg: PLANSPONSOR 2008 Essential Guide to Asset Allocation Offerings: Too Much of a Good Thing

Risk-based funds and target-date funds appeal to different employee groups, says Paul D'Aiutolo, an Institutional Consultant at UBS Institutional Consulting in Rochester, New York.

Feathering Your Nest Egg: PLANSPONSOR 2008 Essential Guide to Asset Allocation Offerings: The End of the Road

Target-date fund glide paths are not just investment theory, as the recent market turmoil makes clear. Their risks have very real implications for participants, especially those in or near retirement.

Feathering Your Nest Egg: PLANSPONSOR 2008 Essential Guide to Asset Allocation Offerings: Taking a Risk

Are target-date funds too simplified? Yes, according to providers introducing hybrid investments that blend the target-date and risk-based fund concepts.

Feathering Your Nest Egg: PLANSPONSOR 2008 Essential Guide to Asset Allocation Offerings: Inside the Glide

When target-date funds started out, their asset allocations typically came from the S&P 500 or Russell 2000, the Morgan Stanley EAFE (European, Australia, and Far East) Index, the Lehman Aggregate Bond Index, and cash, says Craig Israelsen, an associate professor at Brigham Young University and Co-Founder of Target Date Analytics, LLC.

Feathering Your Nest Egg: PLANSPONSOR 2008 Essential Guide to Asset Allocation Offerings: Building Blocs

Asset-allocated funds have become increasingly popular in 401(k) and other defined contribution plans governed by the Employee Retirement Income Security Act (ERISA), and the new 403(b) regulations have been said by some to be the ERISA-fication of 403(b) programs, so does it follow logically that asset-allocated funds will be the next big thing in 403(b) plan investments?
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