VP, Senior Communications Manager
As the DOL increases its scrutiny of plan sponsors’ efforts to locate missing participants and prevent participants from going missing in the first place, Terry Dunne shares how search processes and automatic rollovers can help plan sponsors meet their fiduciary responsibilities.
Millennials may make different life choices than previous generations, but they are also more engaged at an earlier age with retirement savings in the workplace. Learn how employers and advisers can help the largest generation in the workforce better prepare for retirement in this article for PLANADVISER.
The pressure for defined contribution plans to extend their relationships with participants into retirement is increasing. Plan providers can strengthen their relationships with plan sponsors by providing them a simple retirement income solution for their participants.
Cyberattacks are on the rise, especially for companies that operate in the retirement benefits space. If cybersecurity is not a priority for your plan, you may want to reconsider
This U.S. News & World Report article explores three reasons to invest in single-family rental properties. Results from the 2018 Millennium Trust Investor Survey were mentioned among other interest insight into the current real estate markets.
Many Americans have worked at multiple companies throughout their career, which means they could have several 401(k) plans and even a couple of IRAs. This Kiplinger article examines the pros and cons of consolidating your retirement accounts, and Terry Dunne, Managing Director of Retirement Services, discusses the potential advantages of consolidating your employer plans in one IRA.
Midterm elections have reconfigured the power structure in Washington. With retirement plan legislation as a bipartisan priority, however, retirement proposals could make headway.
In this Journal of Pension Benefits article from the Autumn 2018 (Vol. 26, No. 1) issue, Terry Dunne discusses why providing retirement savers with information that is significantly more transparent would help them determine the actual costs of participating in both IRAs and 401(k) plans.
Many small businesses think offering a retirement plan is too expensive, but not offering anything can hurt them more than they think. Despite common misperceptions, small businesses do have affordable retirement saving options.
Federal and state governments are concerned about the retirement crisis in the U.S. and have been taking steps to encourage higher levels of workplace retirement plan sponsorship and participation. Small business owners who want the freedom to choose plans that suit their companies’ needs should educate themselves about the options available sooner rather than later.
Corporate communications around retirement plans may soon become more complex, as plan sponsors decide how, and whether, to support participants as they move from work into retirement. The first step for many plan sponsors may be developing a policy or philosophy that will guide plan decisions for retired participants and retirement income solutions.
This column published in the Journal of Pension Benefits - Spring 2018 discusses preparing for retirement through SIMPLE IRAs.
Search processes for missing and unresponsive retirement plan participants have become a focus for the Department of Labor and Internal Revenue Service audits during the past year. Consequently, your plan should have a formal, documented process for managing participant data to show that you are meeting your fiduciary duty to find those participants.
A rapidly evolving regulatory environment is galvanizing change in the retirement industry. Greater regulatory scrutiny is changing the way some service providers approach automatic rollover services. Instead of providing the services in-house, they’ve begun to outsource rollovers to firms that specialize in servicing small balance accounts.
The volume of merger and acquisition (M&A) activity in the United States has increased this year, reaching record levels. In May 2018 alone, 1,083 deals were announced, a 7.5 percent increase over the prior month. Analysis of qualified retirement plans should be an important part of M&A due diligence—and it’s not something to leave until the deal is almost done.
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