The Department of Labor (DOL) has received court authorization to compel the trustee of a profit-sharing plan in Aiea, Hawaii to restore mismanaged plan assets.
It is possible to estimate the amounts necessary to make the value of defined benefit (DB) plans equal to income paid by defined contribution (DC) arrangements.
Fidelity Investments launched the Fidelity Advisor Event Driven Opportunities Fund for financial advisers and defined contribution plan sponsors as an investment-only option.