The OCIO Movement: The Growth (or Rebirth?) of Discretionary Investment Fiduciaries
The term “outsourced chief investment officer” or OCIO has come into vogue over the past decade, and the rise of OCIOs and 3(38) investment managers reflects a larger trend of the growth of fully discretionary investment services. This column...
Changes the Retirement Plan Market Could See With Open MEPs
For retirement plan advisers, passage of open MEP legislation could change relationships with plan sponsors and providers, as well as create the need for new distribution models. Read full article...
DOL Releases Proposed MEP Regulations
A Regulatory Update On October 22, 2018, the Department of Labor (DOL) released proposed regulations that expand the availability of multiple employer plans (MEPs) that are considered single plans under ERISA purposes. The proposal represents a...
How to Talk to Employers About Their Defined Benefit Plans (or “Pensions in Plain English”)
This column aims to communicate some essential, but widely misunderstood, actuarial and investment concepts, and to aid employers with DB plans in understanding what they have and what to do with them. Read full article...
MEPs On The Move
Legislators love ‘em, sponsors want ‘em, so why should 401(k) advisors offer ‘em? Top MEP expert and advocate Pete Swisher runs through the pros and cons of the multiple employer plan design, and the opportunity they present for all involved. Read...
The Executive Order on Open MEPs and its Impact on the U.S. Retirement System
The Executive Order of August 31, 2018 set the stage for new regulatory guidance that appears likely to lead to an expansion of the use of multiple employer plans (MEPs). Listen to webinar...
Pentegra’s 2018 Stance on Open MEPs
On the Friday before Memorial Day 2012, the DOL published guidanceon open multiple employer plans (open MEPs) saying they are not “single plans” under ERISA, and thereby slowed participation in MEPs. Pentegra responded at that time by publishing...
A First Look at the Executive Order on Strengthening Retirement Security
The president is scheduled to sign an executive order on retirement security tomorrow at 2 p.m. ET, August 31, and the order is rumored to involve open MEPs.Join us as we host a panel discussion taking a first look at the order and what it might...
3(16) Administrative Outsourcing and Multiple Employer Plans
Employers want more help managing their retirement plans and the industry is gearing up to deliver it. But few employers or vendors fully understand the 3(16) administrator role and the nuances of managing a multiple employer plan (MEP)—the two...