Tag: Defined contribution

IMHO: When You Assume…

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

DC Sponsors Confront Risk Issues

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 in collaboration with Prudential Financial.

Retirement Plan Assets Used to Pay for Drugs

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 release for conspiracy to commit money laundering.

DoL Sues Plan Trustees for Misuse of Plans' Assets

The U.S. Department of Labor has sued defunct Vinyl-Mark Products Inc. of Hueytown, Alabama, and the company's pension and profit-sharing plan trustees for allegedly misusing plan assets to pay the operating expenses of the company.