DC Plans More Integral to Retirement Income
Defined contribution (DC) plans currently account for approximately half of participants’ total investable wealth, according to the Cogent Research DC Participant Planscape Study.
Tag: Defined contribution
Tool Helps Plan Sponsors Choose TDFs
Allianz Global Investors offers its web-based Target-Date Tool Set for retirement plan advisers.
DC Participants Open to Plan Changes
Retirement plan participants may be more open to changes in the design of their plans than previously thought, according to a new study.
DC Plans Have Advantages over DB Plans
A best-practice defined contribution (DC) plan can provide secure retirement income at equivalent cost to a defined benefit (DB) plan, according to a new research paper from the...
Guide Helps Evaluate TDF Glide Paths
A new paper gives sponsors of defined contribution (DC) plans some guidance on evaluating glide paths for target-date funds (TDFs).
Changing Perceptions of Plan Challenges, Success
A new retirement readiness survey found an increasing number of plan sponsors point to participant outcomes, not gross participation rates, as the best measure of success for an...
Northern Trust Expands DC Solutions Team
Wealth and asset management firm Northern Trust added two positions within its defined contribution solutions practice dedicated to expanding participant communications and asset services offerings.
Advisory Firm Affiliates with RPAG
ERISA Fiduciary Advisors (EFA) affiliated with Retirement Plan Advisory Group (RPAG), the largest independent practice management firm in the country.
Plugging DC Plan Leaks
Plan sponsors can go a long way toward reducing leakage from defined contribution (DC) retirement plans.
Suggestions for a Fragmented System
Several factors have created a retirement funding gap that is estimated to be as high as $6 trillion, said panelists in a discussion at BlackRock.
DC Plans, IRAs Imply Economic Advantage
Households without employer-sponsored defined contribution (DC) plans or individual retirement accounts (IRA) had lower incomes and paid less taxes than peers with access to such plans, a study...
DC Fiduciaries Consider Some Outsourcing
Fiduciaries of defined contribution (DC) retirement plans are becoming increasingly challenged to carve out time for their responsibilities and are looking at outsourcing some of them, according to...
Lessons Learned About DC Plans
A new study has identified common practices for plan success in defined contribution (DC) retirement plans around the world.
Franklin Templeton Names Head of DC Sales
Franklin Templeton Investments has named Drew Carrington as senior vice president and head of Defined Contribution (DC), Institutional.
John Hancock Unveils TPA Partnership Program
John Hancock Retirement Plan Services (RPS) announced the John Hancock Partnership Program.
Participant Transfer Volumes Low in August
Defined contribution (DC) plan participants’ daily transfer volumes were low in August, according to the Aon Hewitt 401(k) Index.
A Conversation with the DOL
Assistant Secretary of Labor Phyllis Borzi, with the Department of Labor’s (DOL’s) Employee Benefit Security Administration (EBSA), said it has been engaged in a very vigorous focus on...
Would Income Projections Show a Better Way?
The Department of Labor (DOL) wants to know whether its proposal to show lifetime income projections on retirement plan participant statements is a solution to having inadequate income...
The Benefits of Improving TDF Transparency
A recent white paper examined how improved transparency with target-date funds would help retirement plan fiduciaries better understand the funds’ holdings.