Transamerica Retirement Solutions released a white paper looking at plan sponsors critical responsibilities in the areas of investment choice selection and monitoring and examines the resources available to help them manage these duties.
The U.S. Department of Labor and Cleveland-based Sherwin-Williams Co. have agreed to an $80 million settlement in which those funds are to be distributed to current and past participants of its employee stock purchase and savings plan.
With defined benefit plans on the outs, companies with defined contribution plans are looking for better ways to help their employees understand what they need to retire in comfort and help them to achieve that.