(Photo: Shutterstock) The COVID-19 pandemic has had a noticeable impact on higher education institutions and their employees, and as a result, pension policymakers are looking to bolster their financial wellness plans to help employees feel more in control of their finances. Additionally, as plan sponsors seek to reduce complexity and
(Photo: Shutterstock) More than three-quarters — 77% — of Americans believe all workers should have access to a retirement plan, study finds National Institute on Retirement Security. Two-thirds believe pensions promise a more secure retirement than the ubiquitous 401(k) plan. Americans’ support for retirement is not surprising given the current
As many people struggle to overcome the financial setbacks caused by the COVID-19 pandemic, more employers are focusing their efforts on helping employees improve their financial well-being and save for the future. . An October 2020 study from the Employee Benefit Research Institute reveals that more and more employers are
Dragon Capital VietFund Management, a Ho Chi Minh-based fund management company, has launched Vietnam’s first private sector retirement savings vehicle. The defined contribution plan, with government tax incentives for employees and employers, offers savers three fund options: a relatively high risk 50-50 split between stocks and bonds, a mix of
(Photo: Shutterstock) Group employer plans (PEPs) were created to give employees of small businesses access to a defined contribution pension plan, with the promise of easing administrative hardship for small business owners. Suppliers are stepping up to offer them, advisors are talking about them, and employers are curious about them.