Due to the increased standard of care under ERISA, the now-defunct DOL rule, and the proliferation of litigation, fiduciary risks are only becoming greater. Senior Consultant Frank Szymanek discusses the best practices around managing fiduciary risk.
There is a big cost embedded in your organization’s financial statement – the cost of an unprepared workforce. Taylor Booth of MassMutual discusses the Viability tool – a powerful educational tool that looks at the potential unintended costs associated with a defined contribution plan in an organization.
No two target-date fund series are perfectly alike. The differentiated approaches of target-date managers makes it difficult for plan sponsors to select the “right” one for their plan. Kathryn Farrell of T. Rowe Price and Hal Bjornson or J.P. Morgan Asset Management shed some light on their firms’ varying target-date perspectives, and additionally provide insight for plan sponsors in selecting any target-date provider.
As the space has continued to grow and evolve, target date funds have played an increasingly important role in driving retirement outcomes for plan participants. Hal Bjornson of J.P. Morgan Asset Management covers the basics of target funds and discuss considerations for plan sponsors in evaluating target date providers.
Amidst the growing prevalence and complexities of target-date funds, plan sponsors are tasked with selecting an appropriate solution for their plan participants. Kathryn Farrell of T. Rowe Price spends some time navigating the world of target-date funds, addressing some of the questions and considerations that plan sponsors often struggle with.