Study Finds Decrease in DC Plan Fees
The Investment Company Institute and Deloitte Consulting LLP have found total fees for defined contribution (DC) plans were lower in 2011 than in 2009.
Tag: Defined contribution
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Getting the Default Rate Right
Successfully engaging automatically enrolled participants starts with the default rate—and, studies say, 3% will not cut it.
Plan Balances for DC participants Take 2Q Dip
The size of defined contribution (DC) participant balances declined in the second quarter of 2012 by more than 2%, according to the Callan DC Index.
Sponsors Still Need Help After Fee Disclosure Deadline
Although the 404(a)(5) participant fee disclosure deadline has passed, advisers continue to play an important role in helping plan sponsors and participants understand fee disclosure statements.
Working to Age 70 Still Not Enough for Many
Working to age 70 will not guarantee adequate income in retirement for many, according to research from the Employee Benefit Research Institute (EBRI).
Survey Suggests No Expected Uproar About Fee Disclosures
One in five defined contribution (DC) participants surveyed by LIMRA said they rarely or never read retirement plan disclosures.
401(k) Participant Transfer Activity Low in July
Average net transfer activity remained very low among defined contribution (DC) plan participants in July.
Participants Deferring Less Than 10% at Risk in Retirement
Households that defer less than 10% of their salary for retirement savings are at risk for not meeting their retirement goals, Putnam Investments’ research found.
TDFs Reduce Risk for Retirement Plan Participants
Participants who choose their own investment options are generally exposed to greater risk than target-date fund (TDF) investors, according to research from Principal Financial Group.
Engaging Gen Y in Retirement Saving
Honest and practical education, social media communications and proper incentives will result in increased retirement plan participation for Generation Y employees.
Firm Rolls Out 401(k) Loan Protection Campaign
Custodia Financial launched Protect My 401(k) Loan, a campaign to raise awareness of 401(k) involuntary loan defaults, and introduce a solution.
Some Participants Use Simple Math to Allocate Investments
Some defined contribution participants rely on simple math when deciding how to allocate their plan investments, research indicates.
DC Plan Sponsors Should Focus More on Deferral Rates
Other factors are more important to defined contribution (DC) plan success than fund performance, according to research from Putnam Institute.
IRIC Adds Jeff Eng to Retirement Plan Advisers
The Institutional Retirement Income Council (IRIC) has appointed Jeff Eng, director of retirement income solutions at Russell Investments, to its group of retirement plan advisers.
Paper Addresses Longevity Risk for Pensions
A true understanding of longevity risk is the needed catalyst for U.S. corporate pension plans to more actively adopt de-risking strategies, according to Prudential.
DC Participants Saving Too Little
Although the majority of defined contribution (DC) plan participants say a DC plan is their primary retirement savings account, they are not putting enough in.
Participants Ready for Guaranteed Income Options
Embedding in-plan guaranteed retirement income options in defined contribution (DC) plans is a key solution to improve DC plan participants’ overall retirement preparedness, a white paper asserts.
Unpredictable Market Conditions Challenge Advisers
Most advisers (95%) believe their investment strategies will help clients meet retirement income needs, despite the challenges of managing volatility and generating sufficient income for current retirees.
Equities Lose 401(k) Participant Assets in June
Defined contribution (DC) plan participants transferred monies from equities into fixed-income investments in June despite the market rally, according to the Aon Hewitt 401(k) Index.