Archive for January, 2015

Employer Resource Offerings for Participants

Aon put out an interesting study, “Aon Hewitt Survey Shows Employers are Offering More Tools and Resources to Improve Financial Outcomes for Workers”, by Aon located at http://ir.aon.com/about-aon/investor-relations/investor-news/news-release-details/2015/Aon-Hewitt-Survey-Shows-Employers-are-Offering-More-Tools-and-Resources-to-Improve-Financial-Outcomes-for-Workers/default.aspx. The Aon article discusses some interesting tidbits such as employers are offering more phone and online investment help.

Thanks for reading and have a wonderful day! Please sign up for my blog and follow me on twitter @ChristineGurney. Please follow me on Pinterest at http://www.pinterest.com/chrisgurneyerpa/. Please like my Facebook author page at http://www.facebook.com/ChristineGurneyHsiung. If you have not already done so, please check out purchasing my book on amazon at amazon.com and directly from the publisher at https://www.createspace.com/3964647.

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January 20, 2015 at 12:24 pm Leave a comment

Finding Retirement Plan Service Providers

In the latest issue of Benefits Quarterly, an article, ” A Right Way to Find the Retirement Plan Provider” by Todd Timmerman was published where the author sketches out the basic steps of searching for a provider. In addition, he made interesting notes about checking for superior client retention rates and participant satisfaction data (Timmerman, Todd (2014). A Right Way to Find the Retirement Plan Provider. Benefits Quarterly Magazine, 30 (4), 34-37.). Although some providers may not calculate these figures, they are certainly good measures of quality. I was most surprised that the author neglected to discuss qualifications, and the plan sponsor’s duty to contract with competent providers. In addition, I always feel it is critical to ensure you are dealing with ethical providers. That said, I think it was an excellent starting place.

Thanks for reading and have a wonderful day! Please sign up for my blog and follow me on twitter @ChristineGurney. Please follow me on Pinterest at http://www.pinterest.com/chrisgurneyerpa/. Please like my Facebook author page at http://www.facebook.com/ChristineGurneyHsiung. If you have not already done so, please check out purchasing my book at https://www.createspace.com/3964647.

January 13, 2015 at 12:24 pm Leave a comment

IL Secure Choice Savings Program for Retirement

The Chicago Sun-Times ran an article, “Gov. Quinn Signs Retirement Savings Bill” by Jon Seidel, located at http://chicago.suntimes.com/politics/7/71/260522/quinn-signs-retirement-savings-bill/. The article discusses the bill that creates the Illinois Secure Choice Savings Program as a way of establishing additional retirement savings. The plan is aimed at employers that do not have retirement plans. Employees may, and are not required, to opt to contribute 3% of income per payroll deduction. There are not a lot of specifics in the article regarding how it would operate, but it is an interesting attempt at providing additional retirement funding.

Thanks for reading and have a wonderful day! Please sign up for my blog and follow me on twitter @ChristineGurney. Please follow me on Pinterest at http://www.pinterest.com/chrisgurneyerpa/. Please like my Facebook author page at http://www.facebook.com/ChristineGurneyHsiung. If you have not already done so, please check out purchasing my book at https://www.createspace.com/3964647.

January 6, 2015 at 12:24 pm Leave a comment


Christine Gurney

A pension professional who shares her thoughts and ideas about the pension world for industry members and anyone else interested.

@ChristineGurney

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