TITLE

Embedded annuities return to the table

AUTHOR(S)
Steyer, Robert
PUB. DATE
November 2017
SOURCE
Pensions & Investments;11/13/2017, Vol. 45 Issue 23, p0003
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article presents a report from the U.S. Treasury Department on multiple financial, regulatory and legal issues in 2017. The report stated that the fear to be used under the Employee Retirement Income Security Act is the main deterrent to offering an in-plan annuity alternative. The report recommends that the Labor and Treasury departments need to develop proposals on how to certify or establish one or more independent fiduciary entities to assess annuity providers' financial strength.
ACCESSION #
126271075

 

Related Articles

  • Are You Ready to Bare All? DOL Proposed Regulations Require Defined Contribution Plans to Disclose Fee and Investment Information to Participants Beginning January 1, 2009.  // Venulex Legal Summaries;2008 Q3, following p2 

    The article focuses on proposed regulations issued by the U.S. Department of Labor that would impose specific disclosure requirements on fiduciaries of any defined contribution plan that provides for participant directed investments, regardless of whether the plan is aimed to comply with the...

  • 4. Ensure Reasonable Fees. Moore, Rebecca // Plan Sponsor;Apr2014, p7 

    The article explores ensuring reasonable fees as a requirement of the U.S. Employee Retirement Income Security Act (ERISA). Topics covered include the impact of the fees on retirement plan sponsors, the responsibility of sponsors to monitor workers' retirement funds, and the need to monitor...

  • Know rules changes for fiduciaries. LUND, MARK // Enterprise/Salt Lake City;8/25/2014, Vol. 44 Issue 2, p11 

    The author discusses the impact of the proposed changes for fiduciaries of the defined-contribution pension plans under the Employee Retirement Income Security Act (ERISA) by the U.S. Department of Labor. The proposal requires that covered service providers (CSPs) must fully describe fees and...

  • DOL Issues Guidance for Locating Missing Participants in Terminated DC Plan.  // Benefits Magazine;Dec2014, Vol. 51 Issue 12, p65 

    The article centers on the U.S. Department of Labor's (DOL) guidance for locating missing participants in terminated defined contribution plans. It discusses the required steps for searching plan participants based on DOL's recommendations and codified in "Field Assistance Bulletin No. 2014-01,"...

  • DOL'S NEW BROKERAGE GUIDANCE.  // Pensions & Investments;8/6/2012, Vol. 40 Issue 16, p31 

    The article addresses the U.S. Department of Labor's July 30, 2012 guidelines pertaining to brokerage accounts. Topics include the meaning of "designated investment alternative", fiduciary liability under §404(c) of Employee Retirement Income Security Act of 1974 (ERISA), and a statement of...

  • Do You Practice Good Plan Marketing? Manganaro, John // Plan Sponsor News;2014, p1 

    June 2, 2014 (PLANSPONSOR.com) -- With so much regulatory complexity surrounding defined contribution (DC) retirement plans, it is not unusual for plan sponsors to overlook the more obvious considerations, says BlackRock's Laraine McKinnon.

  • DOL Guidance to Locate Missing Participants. Moore, Rebecca // Plan Advisor News;2014, p44 

    The article reports that the guidance Field Assistance Bulletin (FAB) has been introduced by the U.S. Department of Labor (DOL) to find missing terminated defined contribution (DC) plans participants. It states that FAB can help locate such people as part of plan sponsors' obligation under the...

  • Social Investments. Saxon, Stephen M.; Sepsakos, George // Plan Sponsor;Dec2015, p18 

    The article explores the guidance issued by the U.S. Department of Labor (DOL) about the duties of fiduciaries when evaluating economically targeted investments (ETI) under the Employee Retirement Income Security Act (ERISA). Topics discussed include the environmental, social and governance...

  • Senators press Obama on behalf of sponsor states. BRADFORD, HAZEL // Pensions & Investments;6/1/2015, Vol. 43 Issue 11, p8 

    The article reports that several Democratic senators urges U.S. President Barack Obama for the clarification of the private-sector retirement plans. Topics discussed include the Employee Retirement Income Security Act, the needed clarification on the conflict of the program with the federal tax...

  • Guidance Issued for Including Annuities in TDFs. Manganaro, John // Plan Advisor News;2014, p1 

    The article focuses on the guidance Notice 214-66 by the U.S. Department of the Treasury and the Internal Revenue Service to expand use of income annuities in 401(k) plans. Topics discussed include addition of deferred income annuities in target-date funds (TDFs) by plan sponsors as a qualified...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics