According to Fidelity Investments, nearly one-half of the more than 1,200 retirement plans it surveyed may have new recordkeepers soon. Fidelity reported that the lead executives who manage those plans intend to commission a request for proposal (“RFP”) project to search the market for a potentially new recordkeeping vendor. New issues confront employee benefit plan committees that modify the traditional content of retirement plan RFPs.
According to Fidelity Investments, nearly one-half of the more than 1,200 retirement plans it surveyed may have new recordkeepers soon.
Two significant developments force modernization of RFP best practices for recordkeeping vendor searches. Hear them explained in this podcast.
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The pace of conversations about the cybersecurity risk that employee benefit plans face has accelerated since the U.S. Department of Labor introduced its regulatory-like...
Cybersecurity is confusing and complex for many in the benefit plan community, and it’s not a topic that excites discussion in human resources circles....
