LEGISLATIVE AND REGULATORY LANDSCAPE: In addition to a whirlwind of DOL activity, legislation including the SECURE Act and CARES Act, has shifted focus and reoriented short- and long-term priorities for consultants and plan sponsors
TURBULENCE FUELED BY PUBLIC HEALTH CRISIS: The financial impact of the coronavirus pandemic has led to substantial market volatility and increased participant engagement, and it has triggered plan sponsors to reallocate their time and effort—including delays of scheduled plan changes. Rising to the challenge, together: Ongoing retirement and DC plan evolution has led plan sponsors and providers to adapt to meet workforce expectations and more complex client needs