Tag: Defined contribution

Risk parity is used by defined benefit plans to protect against downside risk, but “there’s no reason DC sponsors shouldn’t use it,” Invesco noted.

Standard & Poor’s designed its new Target Date Style Index Series to help plan sponsors with comparisons for “to”...

Practice management seminars and informational materials are among the supports The Hartford rolled out for advisers to explain 401(k)...

 Brian Schweitzer became strategic account manager, Craig Miller was promoted to key account manager, and Tina White was promoted to IO sales desk supervisor.  

 The defined contribution (DC) retirement plan industry has a “self-esteem problem” that must be addressed, one industry expert contends.     

Identifying a plan sponsor’s objectives for a defined contribution (DC) plan should drive the investment consulting process.

Assets in employer-sponsored retirement plans, IRAs and annuities totaled $17.9 trillion at year-end 2011, up slightly from 2010, according to the Investment Company Institute (ICI).

Because of the economy and recent employment-related legislation, many employers have shifted to benefits that place primary responsibility and control on employees, a survey found.

Younger, less-educated and lower-paid employees are more likely to choose the investment provider that offers face-to-face financial advice, a survey found.

Lincoln Trust Company has acquired Independent Pension Consultants Ltd. (IPC), a regional plan administration and consulting firm in Eden Prairie, Minnesota.

The U.S. Government Accountability Office (GAO) has concluded that defined contribution retirement plan approaches in other countries may be beneficial to the U.S.

The annual Trustees report on the financial health of Social Security Trust Funds says funds will be exhausted by 2033, three years sooner than projected last year.

The House Committee on Ways and Means heard testimony about the tax-favored status of retirement accounts Tuesday.

Total U.S. retirement assets were $17.9 trillion as of December 31, 2011, up 4.9% in the fourth quarter of 2011 and about unchanged for the year.

BMO Global Asset Management has rebranding its defined contribution services business, now known as BMO Retirement Services.

With the number of retirement plan audits expected to rise, plan advisers should be proactive in helping plan sponsors avoid hefty fines.

Bank of America will freeze its pension plans for eligible employees, effective July 1, 2012.

The current tax treatment of 401(k) plans costs the U.S. Department of Treasury between $50 and $70 billion per year, says a recent analysis.

Cerulli Associates predicts the IRA marketplace will grow steadily over the next five years and expects assets to rise to $7.3 trillion by 2016.