Plan redesign with an appropriate oversight process
We all agree that DC plans need to be redesigned. And the investment world is continually changing as new products become available, bringing increased complexity to DC plan sponsors.
Do you have the right oversight in place to make your plan successful? Are your best practices protecting you and your fiduciary liability?
The results of our survey focus on the current state of governance and oversight for DC plan investments.
57%
of executives polled
Feel DC plans were not initially built to act as the primary retirement vehicle and therefore need to be re-designed.
Key Findings:
- Retirement committees hold oversight and decision-making authority
- Oversight is required as accountability increases with limited resources
- Outside providers help with oversight and governance processes
Legal Note
Information provided by SEI Investments Management Corporation (SIMC), a registered investment adviser and wholly owned subsidiary of SEI Investments Company.
