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Message : Required fields ATLANTA, May 4, 2021 /PRNewswire/ -- Invesco today released findings from a new study, "Watch Your Language: Rethinking how we communicate with participants," examining the impact language can have on defined contribution (DC) plan participants' overall understanding of, and behavior towards, the plan's investment menu, potential benefits of staying in the plan post retirement, and how best to communicate retirement income benefits. "How we view and define retirement has undergone a structural change. Multiple factors — including longer lifespans, more active life...

Report says retirement income will become the standard in defined contribution plans. Defined contribution (DC) plan sponsors have a “clearer path” to offer in-plan guaranteed retirement income, thanks to the Setting Every Community Up for Retirement Enhancement (SECURE) Act, according to a new report from PGIM. The report said that with the SECURE Act including a provision that will require a lifetime income disclosure on participant statements by the end of this year, “we should see projected retirement income become a standard metric for participants in DC plans in the future.” Th...

Bank Of England: Minutes Of The Productive Finance Working Group - March 2021 - The Second Technical Expert Group (TEG) Meeting Date Agenda 1. Competition law reminder by Simmons & Simmons LLP 2. Updates on and discussion of progress since the previous TEG meeting on solutions to the barriers to investment in less liquid assets 3. Agreeing next steps for delivering draft solutions for the second meeting of the Steering Committee (SC2) on 4 May Minutes Item 1 – Competition law reminder by Simmons & Simmons LLP Simmons & Simmons LLP set out the legal obligations of all members of the Wor...

RPA to Host Virtual Continuing Education Seminar Trustee University for Missouri Plan Trustees May 4 virtual event helps DC retirement committee members satisfy state’s annual continuing education requirement. St. Louis, MO, April 28, 2021 --(PR.com)-- Retirement Plan Advisors (RPA) will host Trustee University virtually on May 4, 2021. Trustee University is a biannual seminar for Missouri-based trustees of defined contribution retirement plans. Industry leaders will address timely issues for plan trustees, including: - Compliance, - How to create a Defined Benefit-like benefit in a Defin...

(0) Former Legal & General Investment Management CEO and J.P. Morgan's Former Head of Retirement Solutions for Global Asset Management Solutions Join Smart Founders and US CEO to Form Inaugural US Board of Directors NASHVILLE, TN / ACCESSWIRE / April 27, 2021 / Smart, a leading retirement technology business and one of the largest global recordkeepers with strategic investors Barclays, J.P. Morgan, Legal & General, Link Group, and Natixis, today announced its first US Board of Directors. The Board consists of prominent industry leaders Mark Zinkula and Anne Lester, alongside Smart co-founders...