Hot Topics for 2021
Recent changes continue to reshape the Retirement landscape due to Recordkeeper and Advisor/Consultant Consolidation. Plan Sponsors should be prepared to evaluate how these changes will affect their plans and participants.
Recent changes continue to reshape the Retirement landscape due to Recordkeeper and Advisor/Consultant Consolidation. Plan Sponsors should be prepared to evaluate how these changes will affect their plans and participants.
Regulatory pressures, legislative pressures, and even internal company pressures all have an impact on the Plan Sponsor. Recently, there has been a multitude of lawsuits regarding the appropriateness of fees paid by participants. Fees are a complicated topic and even the most seasoned Plan Sponsors may be challenged to fully understand them fully. Plan Sponsors are held accountable not only to understand plan related fees but also to ensure that they are reasonable and transparent from an employee/participant perspective. There…