Tag: Defined contribution

EPIC Advisors Inc. (EPIC) chose Castle Rock Innovations’ (CRI) AXIS Retirement platform to provide compliance with the Department of Labor’s 408(b)(2) fee disclosure requirements.  

A white paper called “The Savings Crisis of Working Americans: The Retirement Industry Call to Action” is available from the Legg Mason Retirement Advisory Council (LMRAC).

Total asset levels in the U.S. retirement market grew 9.6% from 2009 to 2010, totaling $15.8 trillion as of end of year 2010.

Fiduciary Investment Advisors opened a Boston office at 112 Water St.

A report from Broadridge Financial Solutions provides insights designed to help firms successfully navigate the new fee disclosure regulation being implemented by the Department of Labor.

Retirement plan participants are in need of direct, simple guidance to help them reach their retirement goals, according to State Street Global Advisors’ (SSgA) Defined Contribution (DC) Investor...

The volume of 401(k) participant transfer activity was below average for December, according to the Aon Hewitt 401(k) Index.

Plan sponsors are not fully knowledgeable of their plan administrative fees.

MFS Investment Management has hired Peter J. Barron and Murray A. Cleaner to the defined contribution investments (DCI) team as DCI specialists. 

During the period of 2005-2010 the typical defined contribution (DC) plan participant earned an average annual return of 3.76%.  

Nuveen Investments is launching a business development program for advisers looking to expand their practice into the defined contribution retirement plan space.

The U.S. Bureau of Labor Statistics (BLS) found that 2% of compensation costs for private industry employers go toward defined contribution benefits. 

 The Callan DC Index suffered a loss of 11.45% in the third quarter of 2011.   

Record-setting levels of defined contribution assets will continue to grow, yet mutual funds will not be the sole beneficiary. 

CPI Qualified Plan Consultants has added the mutual funds of Russell Investments to its retirement plan platform. 

ASPire Financial Services has hired Eddie Griffin as Regional Director of Sales in the Northeast Region.

The institutional defined contribution (DC) market is out of reach for most mutual fund managers; therefore, the focus of many DCIO sales efforts is the retail market, concludes...

Putnam Investments hired Stephen Jenks as Head of Product and Marketing for its Defined Contribution business. 

Prudential Retirement has reorganized its business to integrate its product, service and operations teams into three business lines.

According to the Employee Benefit Research Institute (EBRI), participation of workers in individual-account 401(k)-type plans, which had grown sharply through the 1990s, leveled off from 2005-2009.