CAPTRUST’s Scott Matheson, managing director and defined contribution practice leader, is a primary source for an article in the July/August edition of PLANADVISER Magazine, titled “The Roll of the Adviser.”
The piece discusses the DOL fiduciary rule’s lasting impact on how plan sponsors scrutinize rollover advice from advisors, and their increased interest in distribution options tailored to retirees.
Matheson provides key insights into considerations for plan sponsors when thinking through employee distribution-phases and various distribution options.
“Plan sponsors have not been uniform in having good distribution options beyond lump sums to encourage people to stay in the plan,” said Matheson. “But just providing lump sums does not give retirees a way to carry through a sustainable withdrawal strategy or to do multiple periodic withdrawals.”
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CAPTRUST Financial Advisors is an independent investment research and fee-based advisory firm specializing in providing retirement plan and investment advisory services to retirement plan fiduciaries, endowments and foundations, and executives and high-net-worth individuals. Headquartered in Raleigh, North Carolina, the firm represents more than $278 billion in client assets from its offices located across the U.S.