Tag: Defined contribution

SunTrust Banks has added an FDIC-insured account as an investment option for its 401(k) clients.

National Investment Managers, a nationally-based and regionally-operated retirement plan administration and investment management company, has agreed to acquire a book of approximately 500 balance-forward (not valued daily) retirement...

Employers' investment in workers’ retirement benefits, measured by benefit values as a percentage of pay, has dropped consistently over the last decade, according to research by Watson Wyatt.

A new report says that although the trend toward greater individual responsibility for retirement security will undoubtedly continue, there is much that employers, financial institutions, and the government...

Marc McDaniels joined First Mercantile's national sales team effective September 14, 2009, as regional sales director for the Northwest region.

Redefining defined contribution (DC) plans will dramatically improve outcomes for plan sponsors and participants, according to a new white paper released by Prudential Financial.

Despite the uncertain market conditions and negative headlines during the past year, most Americans who participate in employer-sponsored defined contribution plans value these plans greatly and have continued...

Recently, Time magazine ran a story called “Why It's Time to Retire the 401(k).”

The Internal Revenue Service has announced cost of living adjustments applicable to dollar limitations for pension plans and other items for Tax Year 2010. 

The Profit Sharing/401k Council of America (PSCA) found the number of sponsors offering investment advice is on the rise.

An Aon Consulting survey indicates employers are taking a wait-and-see approach before changing their retirement programs.

Forty-one percent of defined contribution assets are controlled by consultants, with the majority of these assets in large plans with more than $500 million in assets, according to...

Somewhere in the course of your professional life, you have no doubt heard (or used) the expression about what happens when you assume1.

The Hartford Financial Services Group, Inc,. has appointed J. Michael Shamburger as national sales manager for corporate retirement programs in its Retirement Plans Group (RPG).

A South Carolina hospital is restructuring its retirement savings program, including a freeze on its current defined benefit plan.  

Forty-two percent of corporate finance executives said they are very likely to limit high-risk investments for their defined contribution plans, according to a poll by CFO Research Services...

Small-business employers looking for basic guidance about the array of workplace retirement plans from which they can choose can now get their questions answered at a new federal...

U.S. District Judge Deborah K. Chasanow has sentenced Alan Neal Mates of Weston, Florida, to a year and a day in prison followed by three years of supervised...

Northern Trust announced that Anthony Wilkins has been named global head of Defined Contribution Sales and Service for its asset management arm, Northern Trust Global Investments (NTGI).

PAi debuted EZ-Illustrator, a tool designed to help financial advisers determine whether their clients are a good match for a comparability profit-sharing plan.