To meet business goals in the face of changing capital market performance and historically low interest rates, plan sponsors must seek every possible advantage.
Selecting the best plan design and funding strategy — including de-risking strategies — can help you do that. The right choices will allow you to manage your benefit dollars effectively, put benefits where employees value them the most, and support employee recruitment and retention.
- Have you reviewed your plan financing strategies in light of the current interest rate environment?
- Are you investing in the retirement program features that will enable your employees to build retirement income?
- When was the last time you reviewed your plan for operational and plan design efficiency?
- Does your organization understand the impact of rising health benefit costs of your total benefit spend?