Retirement benefits - especially defined benefit (DB) programs - are giving employers an added advantage when it comes to attracting and retaining new employees, according to a survey...
Legg Mason, a global asset management firm, has created the Retirement Advisory Council, bringing together 14 industry leaders to delve into the major challenges facing the retirement industry. ...
Across all income groups, retirement income from employer-sponsored retirement plans is more prevalent among retirees today than in the mid-1970s, according to an Investment Company Institute (ICI) study.
Asset managers are adding staff and increasing budgets to capture the fast-growing defined contribution investment-only (DCIO) market, as the competition for DCIO assets is getting intense, a new...
Lincoln Financial Group announced that Sharon Scanlon has joined the company as Vice President and Business Leader for the Large-Market Defined Contribution (DC) business.
A recently commissioned survey indicates that employer-sponsored retirement plans are highly important to the workers who participate in them, but most are not maximizing their savings power.
Large-size U.S. plan sponsors recently surveyed believe participation in defined contribution plans should be mandatory, with immediate vesting of employer contributions.
Lincoln Financial Distributors, the wholesale distribution subsidiary of Lincoln Financial Group, announced that Greg Libby joined the firm as regional sales director with the Defined Contribution /401(k) team.
As defined contribution (DC) plans have much more inherent risk than defined benefit plans, participants, sponsors, and advisers need to take a more hands-on and active approach to...
A report from the Investment Company Institute shows that in the first half of 2010, defined contribution plan participants’ loan and withdrawal activity rose slightly compared with the...
Putnam Investments has made changes to senior roles on its defined contribution team, in what Edmund F. Murphy, III, Managing Director, Head of Defined Contribution, called “the...
A Towers Watson survey found that a majority of workers (56%) would be willing to pay a higher amount from their paycheck to ensure a guaranteed retirement benefit.