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Latest Marketplace News

Empower Sues Holder of Empower.com Domain

Aon-Willis Towers Watson Merger Proposal Called Off

Morgan Stanley Partners With Vestwell

Empower Retirement to Acquire Retirement Business of Prudential Financial

Integrated Pension Services Has Acquired Friedman LLP's Benefits 21

OneDigital Expands Midwest Operation With Illinois-Based Benefits Acquisition

NAPA Launches ESG Certificate Program

Natixis Investment Managers to Partner With the NAPA on ESG Certificate Program

SHRM Introduces 'SHRM 401k Solutions by Raymond James'

Bolton Announces Acquisition of RSC Advisory Group


Latest Published Articles, Papers, and Research From Across the Web

What Empower's Purchase of Pru's Retirement Business Means for Advisers

Recordkeeper consolidation is happening even faster than predicted, in part because of the recent Empower buying spree, which continued recently with its purchase of Prudential's retirement business. But what does that mean for both specialist and generalist retirement plan advisers?

Source: Rpaconvergence.com, July 2021

DOL Clarifies Lifetime Income Disclosure Requirement

Section 203 of the SECURE Act amended ERISA to require 401k and other DC plans to include an LII annually as part of participant benefit statements. On July 26, 2021, the DOL issued a brief set of Frequently Asked Questions clarifying certain issues related to the interim final rule implementing the lifetime income illustration.

Source: Groom.com, July 2021

Cybersecurity Best Practices for Employer-Sponsored Benefits

Cybersecurity is a major concern in the context of employer-sponsored benefit plans because plan participants' financial and personally identifiable information is maintained and shared with multiple parties. To help you assess and mitigate your organization's risk related to safeguarding this information, this article explores some important action steps.

Source: Ajg.com, July 2021

Do You understand Your Investment Policy Statement?

Even the most thorough and detailed IPS will be of limited utility unless the plan fiduciaries who are adopting the IPS can understand the document. For that reason, an IPS should: (1) provide meaningful guidelines that committee members can apply in fulfilling their duties; and (2) be written a way that an intelligent and engaged committee member can understand and implement.

Source: Verrill-law.com, July 2021

Seeing the Bigger QDIA Picture

A close look at selecting and evaluating qualified default investment alternatives forces some questions about the value an adviser can add to the process. For instance, though advisers may be good at helping to craft custom funds, this might not always be appropriate. Simply put, there are so many different low-cost, off-the-shelf solutions that most plan sponsors can typically find one that meets their needs.

Source: Planadviser.com, July 2021

DOL Cyber Scrutiny Higher for "Those Running the Systems"

The DOL wants everyone to be attentive to cybersecurity protocols as a fiduciary responsibility, but there's a higher expectation for those "running the systems" according to Tim Hauser, Deputy Assistant Secretary for National Office Operations at the Department of Labor's Employee Benefits Security Administration.

Source: Napa-net.org, July 2021

Congress Urged to Act on Numerous Retirement System Changes

In a hearing before the Senate Finance Committee, witnesses urged lawmakers to include changes such as mandatory coverage, student loan provisions, and emergency savings in whatever legislative package materializes, such as the SECURE 2.0 bills in the House and Senate.

Source: Investmentnews.com (registration may be required), July 2021

Fifth Circuit: Plan Participants Lacked Standing to Bring ERISA Fiduciary Breach Claims

American Airlines, Inc. and its affiliated credit union recently defeated an appeal challenging a low-yield investment option in the airline's 401k plan when the Fifth Circuit ruled that the plan participants lacked Article III standing to bring their ERISA claims.

Source: Erisalitigationadvisor.com, July 2021

More Articles, Papers, and Research »


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Collected Wisdom™

Our researchers look for what they think are some of the better resources available to assist you in administering your plan or helping your clients. We group these resources in our COLLECTED WISDOM™ topics to make it easy for you to locate the information you need. Each item in a category contains a summary and date of when it was placed in the group.

We also maintain some older material in these collections for perspective and context.

Go to Collected Wisdom »


Tools and Resources

Calculators, charts, samples, directories and other resources to help you run and manage your plan or practice.

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