Tag: Defined contribution

Embedding in-plan guaranteed retirement income options in defined contribution (DC) plans is a key solution to improve DC plan participants’ overall retirement preparedness, a white paper asserts. 

Most advisers (95%) believe their investment strategies will help clients meet retirement income needs, despite the challenges of managing volatility and generating sufficient income for current retirees.

Defined contribution (DC) plan participants transferred monies from equities into fixed-income investments in June despite the market rally, according to the Aon Hewitt 401(k) Index. 

Risk parity is used by defined benefit plans to protect against downside risk, but “there’s no reason DC sponsors shouldn’t use it,” Invesco noted.

Standard & Poor’s designed its new Target Date Style Index Series to help plan sponsors with comparisons for “to”...

Practice management seminars and informational materials are among the supports The Hartford rolled out for advisers to explain 401(k)...

 Brian Schweitzer became strategic account manager, Craig Miller was promoted to key account manager, and Tina White was promoted to IO sales desk supervisor.  

 The defined contribution (DC) retirement plan industry has a “self-esteem problem” that must be addressed, one industry expert contends.     

Identifying a plan sponsor’s objectives for a defined contribution (DC) plan should drive the investment consulting process.

Assets in employer-sponsored retirement plans, IRAs and annuities totaled $17.9 trillion at year-end 2011, up slightly from 2010, according to the Investment Company Institute (ICI).

Because of the economy and recent employment-related legislation, many employers have shifted to benefits that place primary responsibility and control on employees, a survey found.

Younger, less-educated and lower-paid employees are more likely to choose the investment provider that offers face-to-face financial advice, a survey found.

Lincoln Trust Company has acquired Independent Pension Consultants Ltd. (IPC), a regional plan administration and consulting firm in Eden Prairie, Minnesota.

The U.S. Government Accountability Office (GAO) has concluded that defined contribution retirement plan approaches in other countries may be beneficial to the U.S.

The annual Trustees report on the financial health of Social Security Trust Funds says funds will be exhausted by 2033, three years sooner than projected last year.

The House Committee on Ways and Means heard testimony about the tax-favored status of retirement accounts Tuesday.

Total U.S. retirement assets were $17.9 trillion as of December 31, 2011, up 4.9% in the fourth quarter of 2011 and about unchanged for the year.

BMO Global Asset Management has rebranding its defined contribution services business, now known as BMO Retirement Services.

With the number of retirement plan audits expected to rise, plan advisers should be proactive in helping plan sponsors avoid hefty fines.