Boomer Retirements Likely to Boost IRA Share of Retirement Market
Total asset levels in the U.S. retirement market grew 9.6% from 2009 to 2010, totaling $15.8 trillion as of end of year 2010.
Tag: Defined contribution
FIA Opens Boston Office
Fiduciary Investment Advisors opened a Boston office at 112 Water St.
Broadridge Provides Fee Disclosure Overview to Plan Sponsors
A report from Broadridge Financial Solutions provides insights designed to help firms successfully navigate the new fee disclosure regulation being implemented by the Department of Labor.
Retirement Plan Participants Want Simple Guidance
Retirement plan participants are in need of direct, simple guidance to help them reach their retirement goals, according to State Street Global Advisors’ (SSgA) Defined Contribution (DC) Investor...
401(k) Participant Transfer Activity Slowed in December
The volume of 401(k) participant transfer activity was below average for December, according to the Aon Hewitt 401(k) Index.
Plan Sponsors Need to Be More Aware of Administrative Fees
Plan sponsors are not fully knowledgeable of their plan administrative fees.
MFS Hires DC Specialists
MFS Investment Management has hired Peter J. Barron and Murray A. Cleaner to the defined contribution investments (DCI) team as DCI specialists.
DC Plan Account Accumulation Remained Positive Through Recession
During the period of 2005-2010 the typical defined contribution (DC) plan participant earned an average annual return of 3.76%.
Nuveen Offering Advisers Helps with DC Market
Nuveen Investments is launching a business development program for advisers looking to expand their practice into the defined contribution retirement plan space.
Data Shows Dominance of DC Plans in Private Industry
The U.S. Bureau of Labor Statistics (BLS) found that 2% of compensation costs for private industry employers go toward defined contribution benefits.
Callan DC Index Suffers Loss in Third Quarter
The Callan DC Index suffered a loss of 11.45% in the third quarter of 2011.
Report Examines Growth of Investment Options in DC Plans
Record-setting levels of defined contribution assets will continue to grow, yet mutual funds will not be the sole beneficiary.
CPI Adds Russell Investments to Platform
CPI Qualified Plan Consultants has added the mutual funds of Russell Investments to its retirement plan platform.
ASPire Expands DC Sales Team
ASPire Financial Services has hired Eddie Griffin as Regional Director of Sales in the Northeast Region.
Wirehouse and Indie B/D Advisers Key to DCIO Sales Success
The institutional defined contribution (DC) market is out of reach for most mutual fund managers; therefore, the focus of many DCIO sales efforts is the retail market, concludes...
Putnam Names Head of DC Product and Marketing
Putnam Investments hired Stephen Jenks as Head of Product and Marketing for its Defined Contribution business.
Prudential Retirement Reorganizes
Prudential Retirement has reorganized its business to integrate its product, service and operations teams into three business lines.
DC Plan Participation Leveled Off
According to the Employee Benefit Research Institute (EBRI), participation of workers in individual-account 401(k)-type plans, which had grown sharply through the 1990s, leveled off from 2005-2009.
PSCA Changes Name to Expand Organization’s Scope
The Profit Sharing/401k Council of America is expanding the organization's reach by changing its name to the Plan Sponsor Council of America – the acronym remains the same.
PANC 2011: Beyond k
Who says defined benefit plans are dead? Panelists at the PLANADVISER National Conference in Orlando last week discussed the potential future of plan types other than defined...