Creating a win-win solution for 401(k) administration
Article Abstract:
Retirement plans, particularly of the 401(k) type, have to be evaluated at least once every five years to determine where expenditures can be lessened, which areas need improvement or are at risk of flunking compliance regulations. The ideal plan provider is the one who comes closest to projecting the company's mission. Evaluating and negotiating fees is the most complicated step in choosing a provider since high administrative costs may ultimately result in reduced benefits for plan beneficiaries.
Publication Name: Journal of Compensation and Benefits
Subject: Insurance
ISSN: 0893-780X
Year: 1999
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UK pension provision: a new direction?
Article Abstract:
The Retirement Income Inquiry commissioned by the National Assn. of Pension Funds concluded that the UK pension regime favors long-term and full-time employees only. Its goal of providing adequate minimum retirement for all may be reached by increasing the Basic State Pension. The other objective of providing more people with above-minimum pension can be achieved through a funded second tier scheme with compulsory minimum range of contribution.
Publication Name: Journal of Compensation and Benefits
Subject: Insurance
ISSN: 0893-780X
Year: 1996
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Defined contribution plan providers should not fly blind
Article Abstract:
Rigorous analytic tools have been developed to help employee benefits managers select and evaluate the investment performance, style and risk exposures of mutual funds for defined contribution retirement plan participants. One such methodology called holdings-based analytics is an extension of risk analysis and enables plan sponsors to assess not only what happened in the past but how the portfolio is currently being managed.
Publication Name: Journal of Compensation and Benefits
Subject: Insurance
ISSN: 0893-780X
Year: 1999
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