Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
July 20th, 2018
Benefits & Administration
Millennials Need Urging to Invest in the Market
Millennials are spooked by the financial crisis, with 65% saying living through that period has made them a more conservative investor. Ryan Bailey, head of the Retail Banking Group, Bank of the West, offers tips for plan sponsors to help educate Millennials about the importance of investing.Read more >
From the Magazine
ERISA Examination: Cyber Risks
Gone are the days when plan records were all maintained on paper. Now, most are kept electronically by the employer, recordkeeper, trustee and/or third-party administrator (TPA). Online access to plan records can help facilitate retrieving and retaining participant information, as well as in generating reports. In the world of smart phones and increased technology, participants expect to have instant electronic access. But electronic recordkeeping also raises cybersecurity concerns.Read more >
Products, Deals and People
Investment Product and Service Launches
Northern Trust Creates Private Equity and Hedge Fund Service Group; Impax Introduces ESG-Focused Fund; OneAmerica to Offer Russell Investments Managed Accounts; and more.Read more >
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