10 Action Steps for DB Sponsors in 2020
Willis Towers Watson says the pension plan landscape is quickly changing, as returns will be lower while volatility is likely...
Tag: defined benefit plan
Several Strategies Help DB Plan Sponsors Manage Financial Risks
MassMutual discusses four main strategies for limiting or eliminating defined benefit plan risks over time: hibernating risks, establishing glide paths,...
Lower Interest Rates Continue to Plague DB Plan Funded Status
“Plan sponsors should review their risk management toolkit to consider whether their investment policy is aligned with the current market...
New Hampshire Health System Freezing DB Plan
Elliot Health System made the statement that “financial challenges in health care have led the vast majority of health care...
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DB Plan Longevity Risk Estimator Expands to U.S.
A company executive says Club Vita’s analysis will lead to material savings and less risk for defined benefit (DB) plan...
Opinions |
DB Plan Termination Readiness Assessments: Lessons Learned
Lauren Meyer and Kevin Morrison, River and Mercantile Solutions, discuss critical areas to consider in order to determine defined benefit...
Survey Suggests Pension Risk Transfer Activity Will Increase in 2019
Sixty-seven percent of defined benefit (DB) plan sponsors polled say they will conduct an annuity buyout to de-risk, and the...
Steps to Prepare for a DB Plan Termination
There are goals and deadlines during the termination process, so a plan sponsor doesn’t want to hit a roadblock and...
Third Parties Help Small DB Plans With Administration
Larger DB plans have access to liability hedging, overlay managers and derivatives to manage interest rate risk, and small plans...
Mercer Makes Recommendations for Finding Missing Participants
If there are missing participants that plan sponsors have not made a genuine effort to find, “the entire plan could...
Cash Balance Plans Particularly Appealing to Small Businesses
Kravitz research found that 92% of cash balance plans are in firms with fewer than 100 employees.
Tax Reform, Other Factors Leading DB Plans to Increase Funding
Nearly two-thirds (62%) of respondents to a survey say they are "very likely" to transfer some or all of their...
Retirees Find Creating a Drawdown Strategy Is Complex
"Having a plan in place to manage their finances can help retirees feel confident about spending their assets and address...
Groups Offer Blueprint for New Social Contract for Retirement
The blueprint calls for nine design features of the new contract.
Increased Savings Rates and Auto Escalation Can Boost Retirement Income
Those who are contributing less than 3% to a retirement plan are on track to replace 59% of their income...
DB Plans Accelerating Contributions Due to Tax Reform
This enables corporations to expense their contributions at a higher tax rate, according to Cerulli.
Employees Desire Retirement Education and Coaching
Nearly half would like a digital retirement coach, an Accenture survey found.
Court Finds DB Plan Change Does Not Violate ERISA or ADEA
Northern Trust amended its benefit formula in 2012 and provided a transitional benefit that assumed salary increases of 1.5% per...
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IRS Approves Wagner Law’s Volume Submitter DB Pension Plan
This is a pre-approved plan that meets IRS requirements.
Health Care Organizations Move From 403(b)s to 401(k)s
Facing several uncertainties in the health care industry, organizations are looking to revamp their retirement plans to attract talent.