Retirement Industry Thought Leadership

Learn from retirement industry thought leaders whose positions are consistent with RCH's on retirement savings portability and preserving America's retirement savings.


Mercer Exec: Auto Portability 'Essential for Shoring Up US Retirement System'

In his capacity as Head of US Defined Contribution and Financial Wellness Research, Mercer's Neil Lloyd notes the recent emergence of serious industry dialogue on plan-to-plan retirement savings portability. Long a proponent of portability, Lloyd recognizes the inherent problems associated with holding multiple retirement saving accounts. In his piece, Lloyd strongly advocates for auto portability, stating that it "might be the solution to less efficient small-balance accounts." Lloyd goes further, opining that auto portability should be considered a legislative priority, writing that "SECURE ACT 2 will be vastly improved if provisions further supporting auto-portability are included."


Michael Barry Gives DOL an 'A' on Auto Portability

In his ongoing "Barry's Pickings" column for PLANSPONSOR, Michael Barry, president of O3 Plan Advisory Services LLC, gives the U.S. Department of Labor an 'A' for its November 2018 issuance of a proposed Prohibited Transaction Exemption (PTE) and an Advisory Opinion on Auto Portability. Barry adds: "as a long-time advocate of the establishment of a clearinghouse, I view this as very good news."


DOL Auto-Portability Approval May Ease Rollovers, Reduce Missing Participants

Arris Reddick Murphy, Contributing Editor to HR Daily Advisor, and senior counsel with FedEx Corp.’s Tax & Employee Benefits Law group, examines the potential impact of the Department of Labor's recent actions towards RCH's auto portability program. Murphy outlines the strategic benefits for plan sponsors who participate in the auto portability program, including a reduction in small accounts, missing participants and uncashed checks. Murphy also points out the importance of participation of both plan sponsors and service providers, stepping through various aspects of the program, while offering planning tips for participating plan sponsors.


LIMRA's Money In Motion Study Highlights State of Roll-Ins

LIMRA Secure Retirement Institute issues their "Money In Motion" study, highlighting retirement savings flows, including the low levels of defined contribution transfers.


Northern Trust Research: The $10,000 Hurdle

In March 2017, Northern Trust's Sabrina Bailey and Gaobo Pang released the study "The $10,000 Hurdle" which examines the much-improved outcomes that participants experience as their 401(k) accounts cross a $10,000 balance threshold. Bailey and Pang provide empirical evidence for the existence of the threshold, speculate about the behavioral dynamics at work, and finally, suggest means to accelerate asset accumulation, so that the threshold can be crossed earlier.


LIMRA Promotes Research Supporting Auto Portability

LIMRA's Secure Retirement Institute is promoting research that supports Auto Portability. LIMRA showcases the research in DConversations, including video from the 2016 Retirement Industry Conference, as well as multiple infographics providing important research.


EBRI and ICI Release Joint Study On Consistent Plan Participation

On September 8th, EBRI and ICI jointly release the study "What Does Consistent Participation in 401(k) Plans Generate? Changes in 401(k) Balances, 2010-2014" revealing the significant, positive impact that consistent plan participation has on 401(k) plan balances.


Northern Trust Research Says Auto Portability is What's Next

In Northern Trust's research entitled "The Path Forward: Defined Contribution Plans Can Achieve More" Auto Portability is identified as one of two key DC plan features that will positively impact DC plan performance.