As the DB Door Closes, the DC Retirement Income Door Opens
The role of defined contribution (DC) plans has been increasing for years. DC plans have moved from being simply supplemental savings vehicles to the primary retirement plan. Is your plan designed to provide withdrawal options to facilitate a retirement withdrawal strategy?
The DOL Fiduciary Rule…DELAYED!
This post highlights the potential changes in the U.S. to the fiduciary obligations required by The Employee Retirement Income Security Act of 1974 as well as the impact of those changes expected by plan sponsors.
What is the effect of superannuation on the Australian Economy?
At AUD 2.1 trillion dollars, Australia’s superannuation assets are greater than the country’s gross domestic product. Would increasing the mandatory contribution rate be good or bad for the Australian economy?
Japan Update: Private DC is on the Rise
In Japan, legislative changes broadening the eligibility of private DC pension plans came into effect from January 1, 2017. This briefing note covers reactions in the market and implications for employers.
Excess Fee Litigation in the U.S. Hits 403(b) Plans
In light of lawsuits recently filed against several prominent higher education institutions, we have identified a number of prudent and practical steps (best practices) that plan fiduciaries should consider regarding their 403(b) plans – many of which may also be quite appropriate for 401(a) plan sponsors to consider.
Capital Preservation in DC Plans Deserves a Second Look
Though it may be easy to overlook an asset class generally characterized by safety and stability, it is imperative for plan sponsors to take a second look at the capital preservation options in their programs and evaluate the fiduciary implications associated with the offerings.
PPA 2006: A Rising Tide Lifting Driverless Boats
A 10-year look back at the impact of the Pension Protection Act of 2006 (PPA) on DC plans as well as a possible future outcomes based on recent trends.
Women and Super: Bridging the Superannuation Gender Gap in Australia
Australian women retire with almost half the amount of money in their superannuation account than the balance men have available to fund retirement. There is no one-size-fits-all solution to this problem, but there are options which give women greater control and flexibility over their retirement future.
Simple Yet Custom: The DC Fundline Up of the Future
Is your DC lineup helping participants meet their need?
No Such Thing as a Passive TDF
A large percentage of Target Date Funds (TDFs) are labeled as passive, but the action to construct a TDF’s asset allocation (glide path) constitutes an active decision. Glide path construction is the main driver in the variation of a participant’s long term investment outcome.