U.S.

PBGC Releases Special Financial Assistance Final Rule

Kathy Bergstrom, CEBS
 

Changes to the Special Financial Assistance (SFA) Program announced Wednesday by the Pension Benefit Guaranty Corporation (PBGC) will improve the ability of underfunded multiemployer defined benefit (DB) pension plans to pay benefits to their participants, PBGC and Department of Labor officials say. […]

Capitalizing on Multi-Asset Credit Strategies in Uncertain Times

Tim Hennessy
 

Has your budget kept pace with the growing expense of your everyday needs? Are inflation, rising interest rates and market instability making you anxious? You’re not alone—Everything is more expensive and increasing interest rates and economic uncertainty add additional complexity for investors […]

Life Skills Initiatives in Apprenticeship Training

Justin Held, CEBS
 

The International Foundation has surveyed apprenticeship stakeholders across the U.S. and Canada since 2010, gathering insights on a number of trends impacting their plans, including program challenges, apprentice challenges, recruitment and retention initiatives, communication strategies, instructor quality initiatives, and life skills initiatives. […]

Meeting the Benefit Needs of Your LGBTQ+ Plan Members

Cara McMullin
 

June is LGBTQ+ Pride Month in Canada and the U.S., a celebration of lesbian, gay, bisexual, transgender and queer people and their history, culture and contributions. To honor this month, we are revisiting a helpful article about how plan sponsors can be […]

Everything Plan Sponsors Need to Know About SECURE Act 2.0

Amanda Wilke
 

On March 29, 2022, the House of Representatives passed the Securing a Strong Retirement Act of 2022 (HR 2954), otherwise known as SECURE Act 2.0, by a vote of 414-5. Secure Act 2.0 builds on the 2019 Setting Every Community Up for […]