Event Overview

A discussion on the evolving landscape of retirement income and ⁤global ​regulatory‍ trends ⁤will ‍take place on September 12, 2023. The⁢ event, hosted by the Plan sponsor Council of America (PSCA), will feature⁤ insights from industry ⁢experts and explore potential solutions for the United⁢ states.

The event⁣ will be ‌held from​ 10:00 a.m. to ⁣11:00 a.m.​ Eastern Time. an⁤ optional networking lunch will ‌follow‌ from noon to 1:00 p.m.⁢ A ​livestream will⁤ be ⁢available on YouTube.

Global ⁢Regulatory Trends and U.S. implications

The event comes amid increasing global ⁣scrutiny of retirement income security. David ‌Harris, ​managing director at TOR Financial, highlighted a “tsunami of regulatory concern and action” surrounding retirement income‌ issues ⁣in a PSCA press release. ‍ This suggests a growing ⁣international awareness of challenges related to adequate‍ retirement savings and income sustainability.

Harris emphasized that⁤ while no single country has a⁤ perfect⁤ solution, valuable lessons can be learned from international approaches ​to inform U.S. public policy. ‌ This points to ⁣a ​potential focus on ⁤comparative analysis of retirement systems during ⁣the event.

Several factors are driving this increased regulatory attention⁢ globally. These include aging populations, increasing longevity,⁣ the‍ shift from defined benefit to defined contribution plans, ⁤and concerns about​ inadequate⁢ savings rates. According to the Organisation for economic Co-operation and Development (OECD), ‌manny‌ countries face​ significant ‍challenges in ensuring adequate retirement incomes for their citizens.

Plan Sponsor Council of America ⁣(PSCA)

The Plan Sponsor Council of America (PSCA) is a non-profit institution dedicated to serving‌ the interests of plan sponsors and administrators of retirement plans.PSCA provides‌ education, advocacy, and ⁢resources ‍to help its‍ members‌ navigate the complex world of retirement‌ planning. ‍ founded in 1978,PSCA represents over 350 companies‌ and organizations managing retirement plans for millions of Americans.

PSCA’s ⁤focus⁢ areas include legislative and regulatory advocacy, compliance assistance, and best practices ⁤for plan design and administration. ⁢ They regularly host ‌events and publish research on topics relevant to retirement plan sponsors.

Potential Discussion Topics

Based on the stated concerns ​and the PSCA’s mission, the event⁤ is likely to cover topics such as:

• Legislative Updates: ⁤ Recent and proposed changes to retirement legislation, such as SECURE Act ‍2.0.
• Regulatory Compliance: Navigating complex regulations from‍ the Department ⁢of Labor (DOL) and the IRS.
• Plan Design ‍Best Practices: Strategies for maximizing participant savings and improving retirement outcomes.
• Financial⁤ Wellness Programs: The role of ‍financial education and counseling in helping employees prepare for retirement.
• International Retirement Models: Examining ‍prosperous approaches from other countries.

Who Should Attend?

This event is‌ geared towards professionals involved in the administration and sponsorship of retirement plans, including:

• Plan Sponsors
• Benefits Managers
• HR ​Professionals
• Financial Advisors
• Retirement Plan Consultants
• Legal Counsel