It is important that #retirement and #health plan sponsors apply a #fiduciary process to evaluating their health plans, as well as being aware of pending litigation. PLANSPONSOR https://bit.ly/3SbElG0 #ERISA #CAA #PBM #drugpricing
PLANSPONSOR
Book and Periodical Publishing
New York City, NY 2,443 followers
The premier information source for retirement plans/benefits in the U.S.
About us
PLANSPONSOR, with its reputation for editorial integrity, objectivity, and leadership, is the trusted information and solutions resource for America’s retirement benefits decisionmakers.
- Website
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https://www.plansponsor.com/registration/?pk=PSLI23
External link for PLANSPONSOR
- Industry
- Book and Periodical Publishing
- Company size
- 11-50 employees
- Headquarters
- New York City, NY
- Founded
- 1993
Updates
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PLANSPONSOR reposted this
“A new infrastructure for standards and consistent product data is critical to the digital modernization of our industry, which is necessary to deliver the guaranteed lifetime income and portfolio protection solutions that workers and retirees desire and need,” said Wayne Chopus, president and CEO at IRI. https://ow.ly/JXKl50SG8BY PLANSPONSOR
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The Insured Retirement Institute (IRI) says standardization of data and a hosting platform will help #annuities appear more frequently “alongside traditional investments.” https://bit.ly/4d2RDfS PLANSPONSOR #retirementincome #retirement
Annuity Industry Seeks Data Standardization Similar to Mutual Funds | PLANSPONSOR
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PLANSPONSOR reposted this
Freelance Fiduciary & Professional Pension Trustee, Former Senior Director, Pension Investments at RTX
Fiduciaries take note: Remy Samuels and PLANSPONSOR published yet another excellent piece this morning. Most people don't even know what a pharmacy benefit manager ("PBM") is, let alone the extent of their impact on the health and well being of hundreds of millions of Americans. However, this article expertly summarizes a mind boggling(-ly?) complex issue into a must read for plan sponsors and other fiduciaries of health and welfare plans governed by ERISA. I spend most of my time focused on the financial aspects of retirement, but those don't mean much if we don't make it that far. Please share this with your colleagues and keep on the lookout for more developments to come.
FTC Scrutinizes Pharmacy Managers for Opaque Practices, Inflating Drug Costs
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PLANSPONSOR reposted this
Explore key findings from the 2024 PLANSPONSOR DC Recordkeeper Survey: - Recordkeepers manage $10.9 trillion in defined contribution plan assets for 129.6 million participants. - Top 10 rankings for Total DC Assets, segmented by plan types, assets, plan counts, and participant counts. - Pooled Employer Plans (PEPs) and Multiple Employer Plans (MEPs) see significant growth in assets, participants, and adopting employers. - 33 record keepers participated this year, with notable exclusions and one new participant. - PEPs show over $9 billion in assets, serving 5,000+ employers and 1.5 million participants. - MEP assets remain robust, dwarfing those of PEPs by a factor of 10. Stay informed about retirement plan trends and explore the full survey results: https://lnkd.in/eBkfzVrJ #RetirementPlanning #agilisllc #PLANSPONSOR
The Intensity of Implementation
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PLANSPONSOR reposted this
PLANSPONSOR Ask the Experts is out! #contributionlimits https://lnkd.in/ee_fidNt
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Sign up for free today to receive access to essential news and insights with our daily PLANSPONSOR newsletters, proprietary research reports and invitations to upcoming events and webinars! https://bit.ly/3tD2SuM #plansponsor
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PLANSPONSOR reposted this
Wondering what it takes to be an award-winning plan sponsor? Hear from the winners themselves! We love this piece from PLANSPONSOR's Remy Samuels, who interviewed four decorated plan sponsors to learn how they’ve improved their plans to better serve their participants. https://hubs.ly/Q02DC4bV0
PSNC 2024: Secrets of Award-Winning Plan Sponsors | PLANSPONSOR
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PLANSPONSOR reposted this
The remit of defined contribution (DC) plans has grown to become the primary source of retirement income for many employees. Holly Tardif, DC Strategist at WTW, talks to PLANSPONSOR about what that means for DC plan design. https://ow.ly/kA2A50SzLZT #retirement #LifeSight #DefinedContribution
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PLANSPONSOR reposted this
While streamlining plan investment menus has become more of a trend among plan sponsors in recent years, in order to avoid overwhelming or confusing participants with too many options, David Blanchett—portfolio manager and head of retirement research at PGIM DC Solutions—says providing fewer options may not necessarily be the smartest strategy. “I think there is a desire to get more participants inside of professionally managed solutions, which is changing the role of the core menu,” Blanchett says. “I don’t think the core menu needs to get smaller; it just needs to be more intelligent.” Remy Samuels writing for Editors PLANSPONSOR explains why Blanchett emphasizes that it is more important to allow participants to create diversified portfolios that include things like long bonds, U.S. Treasury Inflation-Protected Securities, commodities and real estate here: https://lnkd.in/ge99S9Ux #401k #reitementplans #investments #portfolios
Optimizing Plan Design in the Investment Menu
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