Researchers found revenue-sharing funds are more likely to be added to plan investment menus and are less likely to be deleted, as well as that direct and indirect...
More than half say their employment prospects have been hampered by one or more negative impacts, be it a furlough, a layoff, a pay cut or other measure.
They are also giving serious thought to implementing emergency savings features and allowing participants to choose between a variety of benefits, Willis Towers Watson found in a survey.
Consultants underscore the need to focus on outcomes, and a successful path forward relies on designing DC plans to help participants meet future retirement income needs.
Simply put, the strategy prescribes lowering spending following market declines to help preserve the balance of a portfolio, which, ostensibly, stands to benefit from market rebounds, Vanguard says.
Actions detrimental to employees’ long-term financial security have increased 50% since April, and illustrations show the effect of some of those actions on account balances at retirement.
The agency could see a premium income loss of $196 million for the 2019 premium payment year, but certain trade-offs make it hard to tell if the PBGC’s...