February 17, 2015
Richard Reed, Sibson Consulting’s Defined Contribution Practice Leader, was recently interviewed by PlanSponsor.com. In the article, he discusses the many risks to consider in managing defined contribution retirement plans.
Here is an excerpt:
“It would be nice to have a hierarchy of risks to manage, to be able to say one is more important than the other, but they are so interrelated,” Reed says. “If a plan has a compliance issue, there is a financial risk; a plan design issue can lead to a compliance risk. One is not more important than the other.”
To read the full article, please click here.
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Sibson Consulting (www.sibson.com), a member of The Segal Group, provides strategic human resources solutions to corporate and non-profit employers and professional service firms. Sibson's services include benefits, compensation, talent and performance management, communications, sales force effectiveness and change management. On October 15, 2014, The Segal Group celebrated the 75th anniversary of its founding by Martin E. Segal.