Tag: Defined contribution

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.

American Pension Services is introducing a 413(c) multiple-employer defined contribution plan, called “The Platinum 401k” program.   

Defined contribution money managers may have an unlikely benefactor to thank for helping to deliver an estimated $1.9 trillion in contributions over the next five years: the recent...

In a study released by Ameriprise Financial, “New Retirement Mindscape II,” researchers found that pre-retirees working with a financial adviser are taking many more steps to prepare for...

Assets in defined contribution plans will see double digit growth from 2011 to 2015, according to Financial Research Corporation's (FRC's) FRC Monitor — Strategic Planning issue.

Some 72% of employers in a recent poll have adopted auto plan features, with 51% using auto enrollment and 71% deferring participants into a target-date fund.

Callan Associates reports that the Callan DC Index’s second-quarter performance was its worst since the fourth quarter of 2008.

Newly released data on almost 24 million defined contribution (DC) retirement accounts shows stronger contribution activity and declining levels of participant-initiated withdrawals and changes in asset allocations in...

Paychex Inc. may have influenced a 401(k) plan’s investment lineup, but did not make the ultimate decision about which fund options to offer participants, a federal judge has...

Despite the market's volatility, company-sponsored plans remain a valuable tool 

Bank of America Merrill Lynch has expanded its Retirement & Philanthropic Services (RPS) group with the addition of two new members, one focused on the small business segment...

A federal court judge has refused to dismiss claims by a 401(k) participant that plan fiduciaries breached their duties when they transferred his accounts into a new default...

Transamerica Retirement Services has hired Chad Brown as regional vice president in the company’s southern region to oversee all sales and distribution activities in western and central Texas....

Is it automatically the right strategy for your clients?

More employers in the Washington-Baltimore region are offering defined contribution plans rather than pensions, according to an annual survey of human resources officials.

A New York-based third party administrator (TPA) is offering a new level of benchmarking to plan sponsor clients.

The number of large U.S. companies that are replacing defined benefit (DB) programs with account-based retirement plans for new salaried employees continues to be on the upswing.

A bill that has been introduced in the U.S. House of Representatives would impose new disclosure requirements on defined contribution plans.

The Internal Revenue Service is issuing final regulations under section 401(a)(35) of the Internal Revenue Code (Code) relating to diversification requirements for certain defined contribution plans holding publicly...