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Participant Services & Operations Coordinator Pentegra
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3 Matching News Items |
| 1. |
Fidelity Workplace Services
June 9, 2003
24-page Fidelity report describes the benefits of combining the administration of an employer's defined contribution and defined benefit plans under a single provider. Excerpt: [I]t helps contain costs and improve efficiencies ... [I]t integrates the retirement education, planning, and transition processes around retirement ... [I]t supports a more comprehensive plan management approach by providing a single point of contact for plan administration and a single source of plan and participant data.
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| 2. |
Joe Markland
Jan. 28, 2016
"Employer desire to simplify.... Demand for more and better outsourced services.... Advance of Defined Contribution Plans (aka Private Exchanges) ... Financial wellness in the workplace ... The broker commission is in play."
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| 3. |
Managed Account Adoption Grows as Employees Recognize Value of Professional Help Amid Market Turmoil
Fidelity
Mar. 9, 2016
"[A]lmost two-thirds (57 percent) of companies said that workplace managed accounts were 'very important' to help employees prepare for retirement, while 53 percent said the service ensures employees are investing their retirement savings appropriately.... About half (48 percent) of managed account users said that the ongoing monitoring of their investments was one of the most valuable things about the offering. Forty-four percent the said that the annual review was essential and 38 percent said that ongoing management was beneficial, as well."
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