Tag: Defined benefit

In Amara v. CIGNA Corp., an appellate court has once again agreed that a change in plan terms is an appropriate remedy for plan misrepresentations.

In 2015, the question for defined benefit plan sponsors and their advisers will not just be, “What will interest rates do?”

A federal district court has found the defined benefit (DB) retirement plan of Advocate Health Care Network and its subsidiaries is not a “church plan” under the Employee...

The new PBGC Participant and Plan Sponsor Advocate has released her first annual report of issues.

A federal appellate court has sent a case back to a district court because the district court’s decision was made before a significant U.S. Supreme Court ruling.

Several regulations and pieces of guidance issued in 2014 will have a lasting impact on retirement plans.

Transamerica Retirement Solutions hired Mark Valentine as vice president of defined benefit sales and business development for the East Coast.

More investors surveyed prefer a 401(k) over a pension, and they do not want to give up control of all retirement savings actions.

While institutional investors are optimistic about equities in 2015, their outlook is tempered by market risks that are difficult to predict and control.

Trends, legislation, regulations and litigation will continue to affect the retirement industry in 2015.

RiskFirst’s web-based platform, PFaroe, has been integrated with Northern Trust’s global operating platform.

Pension funds globally say they intend to adopt a more proactive approach to managing their assets,...

The ERISA Industry Committee (ERIC) has commented about the Pension Benefit Guaranty Corporation’s request to obtain information about de-risking moves made by pension plans.

The Pension Benefit Guaranty Corporation (PBGC) is publishing a final rule for transferring defined contribution (DC) plan accounts into a defined benefit (DB) plan.

Credit Suisse AG has received temporary approval to continue acting as a qualified professional asset manager (QPAM), after pleading guilty to criminal charges related to client tax evasion.

A confluence of factors has combined to make this a compelling time to enter the pension risk transfer advice business, says Steve Keating, principal at Penbridge Advisors LLC.

The outsourced chief investment officer (OCIO) search is a formidable task even for experienced retirement plan committees, says Ronald Klotter, managing director of Strategic Investment Group.

Midterm election results are often interpreted to mean different and contradictory things—but there appears to be some consensus in the retirement industry about the new political landscape in...

The Department of Labor filed a lawsuit to restore $7 million to participants in two Wheeling, West Virginia-based retirement plans, following alleged misconduct by plan fiduciaries.

More than a decade passed between the two most recent mortality table updates from the Society of Actuaries, but retirement plan fiduciaries should expect the next updated mortality...