Managing Retirement Plans in Turbulent Times
Date: Thursday, June 4, 2020 Time: 8:30 am – 11:00 am Type: Virtual Program Cost: $170 Members | $225 Non-members
To Register: Click here
The Coronavirus Pandemic has crippled the economy, wreaked havoc in the markets and damaged retirement plans.
"The average 401(k) balance plunged 19%, to $91,400, in the first quarter of 2020, according to a new report by Fidelity Investments." cnbc.com | April 24, 2020
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→ Retirement Plan Administrators are devising strategies to respond to the crisis.
→ How are you responding to the crisis and communicating with your employees?
Attend this program to:
- Understand the economic and market consequences of the Coronavirus Pandemic, its impact on investments and retirement plans and what plan participants are concerned about.
- Hear how retirement plan sponsors are responding to the crisis and the actions they are taking, including preparing for the “other side” of the COVID-19 crisis, and their Best Practices for:
- Supporting plan participants during challenging, volatile markets;
- Communicating with employees during “Black Swan” volatility and discussing difficult topics and bad news.
- Learn about plan designs considerations to help mitigate risk during volatile markets, and products and services that can be offered to participants: Target Date funds, Managed Account, Participant Advice.
- Gain a better understanding of recent legislation (SECURE Act, Families First Coronavirus Response Act and CARES Act) and their impact on retirement plans.
- Join in the discussion about what we've learned from the COVID-19 crisis and what we can do to better prepare retirement plans for the next “Black Swan” event.
Your plan participants are worried and anxious and hoping for guidance and communication. Don’t miss this opportunity to learn how best to respond NOW! Register to Attend
Intended Audience:
Benefits Managers, HR Managers/VP, Retirement Plan Sponsors, Treasurer, Controller, CFO
Speakers:
David Frisch, Director, BlackRock
Phyllis Klein, Senior Director, Captrust
Michael Pratico, Senior Vice President, Captrust
NEEBC programs may qualify for CEBS continuing professional education (CPE) credit. Participants must determine if the program aligns with "CEBS Content Domain."
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