Biography
Deana Harmon is the investment director for PNC Institutional Asset Management® responsible for leading the advisory services offering for defined-contribution plans. In her role, she is actively involved with the rollout and continued delivery of fiduciary investment services for existing and new clients. In addition, as an investment thought leader, Harmon heads the group’s investment insight and communications with clients, the media, and industry leaders. Prior to her current role, she was chief investment officer and retirement plan adviser for a registered investment advisor firm serving only retirement plans. There she provided leadership and advice to clients. Before that position, she was a senior relationship manager at a regional broker/dealer and registered investment advisor, where she was responsible for investment reviews and retirement plan advisory services. Harmon was acknowledged for her contributions to the retirement industry by being awarded NAPA Top Woman Advisors accolade in 2018, 2017 and 2015. She is also a member of the Investment Committee for the Plan Sponsor Council of America. Harmon graduated with a bachelor of science from Ball State University and with a master of business administration from Butler University. She holds the Certified Investment Management Analyst and Accredited Investment Fiduciary® (AIF) designations.
Plan sponsors would be wise to focus on investment vehicle choice and fee structure. Share class choice impacts fees and investment performance.
Defined contribution plan sponsors need to take a disciplined approach to investment menu construction.
What topics in particular should defined contribution (DC) plan sponsors keep front of mind this year?
Plan sponsors have a vital responsibility to provide and manage retirement benefits on behalf of their employees. Here's what they need to focus on in 2023.