TIAA-CREF Launches Plan Assessment Service
Plan Outcome Assessment will analyze defined contribution (DC) plans to help plan sponsors gauge their participants’ retirement readiness.
Tag: Defined contribution
Documentary Critics: Inaccurate Portrayal of Fees
If you caught last night’s “The Retirement Gamble” documentary, you can likely understand it generated some criticism in the retirement industry.
Designing a Better DC Investment Menu
The Defined Contribution Institutional Investment Association (DCIIA) released a white paper that examines how to design investment menus for defined contribution (DC) plans.
SEI, Rothschild in Strategic CIT Partnership
In seeking to expand within the retirement market, SEI has partnered with Rothschild Asset Management to offer a suite of collective investment trusts (CITs).
DC Participants Favor Guaranteed Income Options
The majority of defined contribution (DC) plan participants participating in a recent poll are interested in having a guaranteed income option.
Nationwide Unveils DCIO Sales Team
Jeff Gardner, Eleana McLane, Mark McGowan, Bruce Guarino and Chad Metzger are the members of Nationwide Financial’s new defined contribution investment only (DCIO) sales team.
ERIC Urges Caution on Tax Treatment of Retirement Savings
The ERISA Industry Committee (ERIC) is urging lawmakers to proceed with caution when considering changes to the tax treatment of retirement savings.
Mesirow Promotes Senior Managing Director and SVP
Chris Reagan and Kevin Kaiser have been promoted to senior managing director and senior vice president, respectively, at Mesirow Financial.
Participant Accounts See Little Movement in March
Most defined contribution plan participants were content to stay put with their investments in March, according to the Aon Hewitt 401(k) Index.
Guardian Retirement Hosts 401(k) Summit
The Guardian Insurance & Annuity Co. Inc. is hosting a 401(k) summit focused on the micro- and small-plan markets.
How to Combat Inertia and Offer the Right Options
In light of National Retirement Planning Week, April 8 to 12, industry experts share their thoughts about how advisers can foster employees’ retirement success.
Fidelity Exec Calls for Extension of PPA
The retirement savings crisis can be averted, in part by “extending the scope of what has been a very effective piece of legislation,” an executive from Fidelity Investments...
Wells Fargo Reports Increase in Participant Loans
There was a 28% increase in the number of participants taking loans from their 401(k)s, according to an analysis of Wells Fargo-administered plans.
Russell Picks DC Advisory Director
Andrew Scherer was appointed director of defined contribution (DC) intermediary distribution for Russell Investments’ U.S. adviser-sold business.
Solutions Exist for Easier Plan-to-Plan Rollovers
The Government Accountability Office (GAO) has recommended regulators take certain steps to make plan-to-plan rollovers easier for defined contribution (DC) participants.
Health, Retirement Benefits Link is Strong
Retirement benefit decisions can no longer be made without factoring in health care, according to a source at Manning & Napier.
Consultants Make Suggestions for DC Plan Investments
Ninety-eight percent of defined contribution (DC) investment consultants polled recommend clients offer a target-date or target-risk investment tier.
Investment Responsibilities for DC Plan Sponsors
A white paper aims to help defined contribution (DC) plan sponsors understand how they can manage their investment responsibilities.
Bill Aims to Thwart Retirement Plan Leakage
Two senators introduced legislation that would give individuals who take a loan from their retirement accounts more time to repay after leaving a job.