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.

Pensions

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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.

United Kingdom, Social policy, National Association of Pension Funds

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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.

Portfolio Management, Employee Benefits & Services, Methods, Human resource management, Mutual funds, Employee benefits, Institutional investments, Investment analysis, Securities analysis

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