Recordkeeper Shifts Mean Plan Sponsors & Advisors Must Evolve Too
Retirement plan recordkeepers have undergone tremendous change in recent years, driven by consolidation and a race to innovate and scale. According to Mike Webb CAPTRUST...
Improving Outcomes
401(k) Plans Becoming More Accessible to Small Businesses
The retirement industry continues to evolve, creating additional opportunities for employers, especially small businesses, to help American workers create financial security for the future. Two...
Embrace Flexibility in Your Retirement Committee Selection
Fred Barstein with Adjunct Lecturer, Rick Unser – Financial Advisor, Creative Planning When forming a retirement committee, embracing creative thinking can yield substantial benefits. A...
Plan Sponsors Must Understand Fiduciary Basics
Companies continue to expand their benefits offerings—in particular, retirement savings plans—to remain competitive and recruit and retain top talent. As such, employers need to have...
Retirement Planning Challenges: Conflicts and Competition
The retirement planning industry has a tough time reaching many people without traditional advisors. There are major problems like not having enough data and people...
Reviewing Retirement Plans May Help Increase New Hires
Reviewing Retirement Plans May Help Increase New Hires As the year progresses, it is a good idea for employers to review their 401(k) plans and...
Near Retirement Employees Need Account Consolidation Assistance
Near retirement employees are at an inflection point now in terms of sheer numbers. By 2030, all Baby Boomers will be at least age 65,...
Retirement Plan Goals Include Improved Outcomes and Retention
Retirement plan goals are converging around a very narrow alignment. Plan sponsors’ top priorities include improving retirement outcomes, plan participation and engagement, and fiduciary compliance....
Retirement Plan Participation Steady Despite Pandemic
Retirement plan participation has survived the Covid-19 Pandemic. Despite the pandemic, employees still value workplace retirement plans. Covid-19 did not alter retirement plan participation and...
401k Cybersecurity Risk Assessment Now a Fiduciary Duty
401k cybersecurity risk assessment is no longer a task that can be put-off. Consequently, a plan sponsor’s fiduciary duty encompasses 401k cybersecurity risk assessment. Managing...
