Gerry Desmond, a retirement plan consultant with Arthur J. Gallagher & Co., says that whenever it seems fees for retirement plan consultants have reached a “new bottom,” they go lower...
Just a few short years ago it looked like qualified longevity annuity contracts (QLACs) were ready to catch on with defined contribution (DC) plan sponsors. Notices and regulations from the Department of the Treasury and the Department of Labor...
For a plan’s QDIA, traditional target-risk funds are being rapidly eclipsed by target-date funds. Consultants need to help sponsors navigate the change.
Do retirement plan consultants have a fiduciary duty to bring guaranteed income products to retirement plan sponsors?