COVID-19 Has Low Impact on Nonqualified Plan Design and Administration
A majority of plan sponsors reported no need to review their plans in response to the pandemic, and very few...
Tag: coronavirus
Citing SECURE Act, More Advisers to Consider Adopting In-Plan Guarantees
For their part, participants say they feel the pandemic has make their retirement savings more vulnerable.
Retirement Savings Could Be Hit for Years as Result of Pandemic, Natixis Says
Its 2020 Global Retirement Index says making retirement opportunities more widely available, as well as plan features such as automatic...
Benefits |
Employees Taking a Greater Interest in Specific Benefits
Life insurance, dental insurance, health and flexible spending accounts, and financial planning tools are on workers’ radar, according to MetLife.
PSNC 2020: Legislative and Regulatory Update Part I
Speakers primarily discussed what responsibilities the CARES Act has put on the shoulders of plan sponsors.
Benefits |
COVID-19 Is Prompting More People to Review Workplace Benefits
More than half plan to make changes during open enrollment, according to Voya Financial.
Women’s Retirement Confidence Has Waned During Pandemic
A mere 17% of women say they are very confident they will be able to retire comfortably, according to the...
Equity Analysts See More Volatility and Decent Returns
Asset managers’ mixed outlook on the market reflects the uncertainty and volatility experienced so far this year, though there is...
Products |
FinFit Savings Program Enables Company Match
Employers can match up to 100% of employees’ contributions.
Benefits |
If COVID-19 Prompts Teacher Retirements, Pensions in Jeopardy
It would increase public pension plans’ required contributions and result in lower contributions by members.
Educators Trying to Balance Safety With Finances
Three-fourths of K-12 educators consider their job risky in terms of exposure to COVID-19, but they are also concerned about...
Benefits |
Coronavirus Influencing Future Health Benefit Plan Design
Large employers will expand mental and emotional well-being services and access to virtual care, and the pandemic is making it...
Overwhelming Majority Doesn’t Have Emergency Savings to Last Six Months
More than half of Americans are earning half or less than half of their pre-pandemic income, and 31% have lost...
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Hancock to Waive Recordkeeping Fees for New Clients in Q121
John Hancock Retirement has announced that it will waive recordkeeping fees for the first quarter of 2021 for eligible plans...
Products |
Nationwide to Waive Fees for New Retirement Plan Clients in 2020
The goal is to help sponsors address COVID-19’s impact.
Unemployed Older Workers May Not Be Able to Find New Jobs
Retirement Equity Lab says nearly 3 million older workers, those between the ages of 55 and 70, have left the...
Participants Maxing Out Their 401(k) Remain Confident
But those who fall short on saving are experiencing financial stress.
Volatility Brings Focus on Sustainable Retirement Income
Participants are looking to their employers to offer a retirement income solution, while interest in ESG investing among retirement plan...
Signs of Small Employer Recovery Seen in Survey Data
The effects of the coronavirus pandemic are still clearly being felt by small employers across the U.S., but many of...
Different Views About Retirement Plans Shaped COVID-19 Responses Globally
The U.S. can learn from other countries about instilling the mindset of preserving retirement savings and creating different pools of...