Episode 29: The Discretion Decision: 3(21) Versus 3(38), What to Know About Annuities, and Cybersecurity in Retirement Plans

Revamping Retirement

In episode 29 of Revamping Retirement, Jennifer Doss and Scott Matheson are joined by Jenny Eller, Principal at Groom Law Group and co-head of the firm’s Retirement Services and Fiduciary Practice. Jenny shares her perspective on plan sponsor considerations for selecting a nondiscretionary or discretionary advisor, the reasons behind the trend towards 3(38) investment manager discretionary services, and how outsourcing investment responsibilities can impact—or even mitigate—risk in this litigious environment.

In Minute with Mike, Mike Webb shares what plan sponsors need to know about pooled annuities. Later, Jon Meyer, CAPTRUST’s Chief Technology Officer, provides some actionable steps that retirement plan sponsors can take to protect themselves and their participants from cybersecurity threats.