Tag: Participants

Setting a higher starting point for retirement plan contributions would make a significant difference in improving workers’ likelihood of a financially viable retirement, research found.

SunGard released a new version of its Omni Web Solution for defined contribution and defined benefit plan participants, plan sponsors and customer representatives.

Northern Trust is offering participant access to its retirement benefit payment detail via its Web portal, Passport.

An education policy statement and an education strategy document are helpful in building a retirement plan education program for employees.

 Plan sponsors need to create smarter retirement plan participant communication, according to Colette Ehlers, sales development consultant with Wells Fargo Institutional Retirement and Trust.   

With defined contribution (DC) plans playing a growing role in retirement savings, one increasingly prevalent savings tool will be the target-date fund (TDF), BlackRock found.

American workers are not saving enough for retirement—and risk the regret felt by current retirees who made that mistake, according to research from BlackRock.

Pensionmark has unveiled an enhanced website and Online Education Center.

Participation and deferral rates are indicators of retirement plan popularity, not success, according to Greg Burrows of Principal Financial Group.

 Quantifying key retirement risks is the first step advisers can take to help their plan sponsors address them with participants, according to a report.   

 The Investment Company Institute and Deloitte Consulting LLP have found total fees for defined contribution (DC) plans were lower in 2011 than in 2009. 

Any new retirement income tier adopted by the U.S. government should not just target those without access to a retirement plan, a paper asserts.

Plan sponsors and providers should provide believable retirement income solutions for participants.

A tool to help plan sponsors and advisers visualize the impact of a reenrollment into target-date funds on participant outcomes was launched by J.P. Morgan Asset Management. 

Growth is ripe in the micro market – between $1 million and $5 million in retirement plan assets

Participants have expressed anxiety over retirement readiness, Joe Connell, managing director of Sheridan Road Financial, told attendees at the 2012 PLANADVISER National Conference in Orlando.

A strong relationship still exists between an employee’s benefits enrollment experience and their perceived value of the benefits that their employer offers, a study found.

While National 401(k) Day is a good trigger to spur action from sponsors and participants to improve retirement readiness, the efforts should be ongoing.