Think Outside the Style Box in DC Plans
If it’s a defined benefit (DB) versus defined contribution (DC) race, DB is in a 180-basis point lead, contends BNY Mellon.
Tag: Defined benefit
GASB Issues Implementation Guide for Public Pensions
The Governmental Accounting Standards Board (GASB) has published an Implementation Guide for new financial reporting standards for state and local government pension plans.
Is DB or DC Better for Participants?
There are many factors that contribute to how much retirement income a plan will generate, according to a new analysis.
Court Dismisses Verizon Pension Buyout Suit
A federal judge dismissed a lawsuit brought against telecommunications firm Verizon Communications Inc., which dealt with the transfer of pension obligations.
Pension Annuitization Attractiveness Rose in May
The Dietrich Pension Risk Transfer Index increased considerably from May’s value of 85.81 to settle at 88.92 as of June 1.
Cash Balance Plans Show Decade-Long Growth
Cash balance retirement plans have showed a 500% increase over the last decade and a 12% increase over the last year, a report found.
PSNC 2013: Thinking Outside the Box
A standard mutual fund lineup may not be enough for your plan.
Detroit Adviser Allegedly Stole $3M in Pension Funds
The Securities and Exchange Commission (SEC) charged Chauncey C. Mayfield with stealing nearly $3.1 million from a pension fund and using the money to buy strip malls.
ABC Testifies on Pension De-Risking
The American Benefits Council (ABC) testified before the ERISA Advisory Committee (ERIC) to describe the motivations behind employers reducing their pension plan liabilities by “de-risking.”
S&P 1500 Pension Funding Levels Continue Rallying
Funding levels of pension plans sponsored by S&P 1500 companies continued a strong rebound in 2013, according to consulting firm Mercer.
Funded Status of Corporate Pensions Increased in May
The funded status of U.S. corporate pension plans increased during May, according to the BNY Mellon Investment Strategy and Solutions Group (ISSG).
Advisory Enters Small, Midsize Market
Marathon Retirement & Pension Consulting LLC (Marathon RPC) announced its entry into the small and mid-size retirement plan market.
Harmonizing DB and DC Plans
It is common for companies to have both defined contribution (DC) and defined benefit (DB) plans, but inconsistencies between them can lead to poor investment results and fiduciary...
DB Plans Outperformed DC Plans in 2011
Investment returns in defined benefit (DB) retirement plans outperformed those in defined contribution (DC) plans in 2011 by the widest margin since the mid-1990s, according to a new...
Considering a Holistic Glide Path Solution
In the current low-rate environment, defined benefit (DB) plan sponsors may want to implement a “holistic” glide path solution.
Russell Updates Corporate Pension Finance Handbook
Russell Investments has updated its “Corporate Pension Finance Handbook,” which addresses topics affecting corporate pension plans.
BlackRock CEO Mulls Retirement in Twitter Era
The financial services industry has to do a better job of helping people meet retirement goals, said Laurence Fink, chairman and chief executive of BlackRock.
Institutional Investors See Another Good Quarter
Double digit U.S. equity returns powered a solid first quarter for all institutional plan types, according to the Wilshire Trust Universe Comparison Service (TUCS).
S&P 1500 Pension Funding Levels Slip
S&P 1500 pension plan funding levels slipped 2% in April as a decline in interest rates offset the effect of a stronger equity market, according to Mercer.
Groups Urge IRS to Streamline Pre-Approved Plans
The American Society of Pension Professionals & Actuaries (ASPPA) and the National Tax Sheltered Accounts Association (NTSAA) requested changes to pre-approved plan programs.