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Consolidation Corner Blog
Consolidation Corner is the Retirement Clearinghouse (RCH) blog, and features the latest articles and bylines from our executives, addressing important retirement savings portability topics.
A New Solution to Tackle the Old Problem of Missing Participants
The problem of missing participants has taken on a new sense of urgency in light of widespread reports that the Department of Labor is focusing heavily on missing participants when auditing plan sponsors and record-keepers.
The Crucial Role of the CSIRT
Born out of crisis, the modern Computer Security Incident
Response Team, or CSIRT (pronounced ‘see-sert’) is responsible for coordinating
the response to an organization’s computer security incidents.
Two Retirement Public Policy Initiatives Moving Forward in 2018
Two retirement savings public policy initiatives – auto portability and the problem of missing participants – are very likely to see significant progress in 2018. Both initiatives enjoy strong bipartisan support, promise to streamline and strengthen America’s defined contribution system, and will preserve the retirement savings of millions of Americans by ensuring that their savings move forward when they change jobs.
The Most Urgent New Year’s Resolutions for Plan Sponsors
RCH President & CEO Spencer Williams offers plan sponsors 3 crucial resolutions for 2018, including: 1) ending automatic cash-outs, 2) offering roll-ins as part of a financial wellness program, and 3) engaging all participants on crucial decision-making.
Auto Portability Makes Everything Better
In his December 2017 Consolidation Corner blog post, Tom Hawkins writes about auto portability's special qualities. Great all by itself, auto portability also makes a lot of other retirement savings public policy initiatives a lot better.
The Best Blueprint for Improving Retirement Security
RCH President & CEO addresses a blueprint for improving retirement security, incorporating the widespread adoption of auto portability.
The Results Are In: Auto Portability is a Winner!
On 11/7/17, Warren Cormier of Boston Research Technologies published a white paper “Making the Right Choice the Easiest Choice: Eliminating Friction and Leaks in America’s Defined Contribution System.” The key findings of the research confirm that auto portability is a winner, with significant pent-up demand in our defined contribution system.
How to Contain the Damage from the Small-Account Explosion
Small Accounts Continue to Plague Plans.
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