News & Opinion Awards Research Thought Leadership Events & Webcasts Video
Week ending March 10, 2017
NOTE FROM THE EDITOR
Let’s look at this past week on the positive side! For instance, if President Donald Trump’s pro-growth economic strategies are implemented, defined contribution (DC) and defined benefit (DB) plans may benefit. Besides that, increasingly, more participants in need of funds now avoid tapping their 401(k) plan by using profits from their company stock plan, often a savings vehicle used alongside a retirement plan. Additionally, a spike was reported in adoption of health savings accounts (HSAs); over 40% of enrollees plan to use them to save for impending medical needs. Four in 10 DB plan sponsors reported being very interested in pension risk transfer (PRT) products, which is a 10% jump in such interest compared with data gathered in 2014; these products allow an employer to transfer pension liability to an insurer, with some positive results. And a challenge for plan sponsors and advisers…sixty-one percent of Americans between the ages of 55 and 75 believe having guaranteed income is a smart and sound benefit according to a new survey, but they need assistance sorting this out. Have a great weekend!  
MOST POPULAR STORIES
Data and Research
Most People Think They Will Need a Paltry Amount for Retirement
Nearly three-quarters lowball their retirement needs, Fidelity found in a survey.
Read more >
Compliance
JP Morgan 401(k) Plan Challenged Again
Plaintiffs argue that, instead of acting for the exclusive benefit of the plan and its participants and beneficiaries, “defendants acted for the benefit of themselves,” by favoring JP Morgan's own investment products. 
Read more >
Deals and People
Retirement Industry People Moves
Milliman hires Employee Benefits senior consultant; USI Insurance acquires Carolina First Associates; Westminster Consulting hires senior consultant; and more.
Read more >
Research
2016 Recordkeeping Survey
The market's growth has manifested itself with more recordkeeping assets concentrated in the 20 largest providers. This trend also highlights the homogenization and commoditization of a growing number of recordkeeper services that were considered added value just ten years ago. Although providers in the 2016 PLANSPONSOR Recordkeeping Survey are ranked according to various criteria, none of the rankings can definitively answer the question of whether bigger recordkeepers are better recordkeepers.
Read more >
Compliance
401(k) Nondiscrimination Tests Explained
With acronyms like ADP, ACP, NHCEs, and HCEs, the technicality of 401(k) plan nondiscrimination testing may seem overwhelming.
Read more >
EDITOR’S CHOICE
Investing
Can President Trump’s Economic Plans Boost Real Assets in the DC Space?
President Trump’s infrastructure spending proposal and other pro-growth economic strategies could have a positive effect on real assets if they are successfully implemented; DC and DB plans may be able to capitalize.  
Read more >
Investing
ESPPs a Useful Stopgap for 401(k) Loans, Fidelity Says
Workers are using the profits from their employee stock purchase programs (ESPPs) wisely, such as paying down debt or reinvesting the money in their retirement plan. 
Read more >
Participants
Despite High Costs, HSAs See Increase in Enrollment
More than 40% of those who own HSAs plan to use the funds for future medical costs. 
Read more >
Administration
Growing Plan Sponsor Interest in Pension Risk Transfer
A growing number of DB plan sponsors are considering PRT products at a time when PBGC premiums have increased by more than 300%, a new study finds.  
Read more >
Data and Research
Older Folks Eager for Guaranteed Income But Don't Know Much About It
Ninety percent want their financial adviser to help them devise a retirement income strategy, and 61% want them to educate them about income products. 
Read more >
Editorial: Alison Cooke Mintzer alison.mintzer@strategic-i.com
Advertising: Paul Zampitella paul.zampitella@strategic-i.com
Subscribe to NewsDash, click here.
To unsubscribe, click here.
BrightScope / CIO / FWW / Global Custodian / Investor Economics / LiquidMetrix / Market Metrics /
Matrix Solutions / PLANADVISER / Plan For Life / PLANSPONSOR / Simfund / The Trade
To Unsubscribe, click here.