by siteadmin | Feb 20, 2016 | plan administration, Retirement, Retirement Plan Advice, Retirement Plan News
According to a March 2014 Employee Benefit Research Institute survey, almost half of all workers without a retirement plan responded that they were not at all confident they would be financially secure in retirement. In contrast, only one out of 10 with a...
by siteadmin | Feb 15, 2016 | 401k Insight, Alliance Benefit Group, plan administration, Retirement, Retirement Plan News
Alliance Benefit Group board member Larry Raymond remembers when Alliance Benefit Group (ABG) was just an idea.”We saw the markets change and determined if we were to survive and offer the best solutions for our clients, we needed to leverage our collective...
by siteadmin | Feb 7, 2016 | 401k Insight, Retirement, Retirement Plan Advice, Retirement Plan News
According to industry publication Pension and Investments, cash balance plans are a growing segment of the defined benefit plan universe and could soon be as readily available as 401(k)s. A cash balance plan is a type of defined benefit plan funded by the employer...
by siteadmin | Jan 25, 2016 | Retirement, Retirement Plan Advice, Retirement Plan News
The protracted low-interest rate environment is taking its toll on defined contribution plan participants, particularly conservative investors approaching retirement age, said Zac Burns, CFA, Vice President of Investments at Pension Corporation of America and Chairman...
by siteadmin | Jan 11, 2016 | plan administration, Retirement Plan Advice, Retirement Plan News
The improper exclusion of an eligible employee is a common error that retirement plans commit. This can happen for any number of reasons. In some cases, plan administrators make a mistake when applying the plan’s eligibility requirements or the plan’s...