While NFL Referees will be enjoying their new pension plan for years to come, only 30% of the Fortune 100 still offer traditional defined benefit pension plans. According to a study by TowersWatson, Defined Contribution plans at Fortune 100 companies, ProcessUnity helps Retirement Plan providers improve client service to plan sponsors through Service Catalog Transformation.
According to a recent article on PLANSPONSOR: [quotebox] to the Towers Watson 2011 survey on qualified retirement plan governance expect the top governance challenges organizations face in the next two years to be retirement benefit costs (77%) and regulatory complexity (73%). The greatest risks expected are regulatory compliance, investment volatility and vendor service quality. However, the [...]