Tag: Defined contribution

Legg Mason, a global asset management firm, has created the Retirement Advisory Council, bringing together 14 industry leaders to delve into the major challenges facing the retirement industry. ...

Charles Schwab has appointed Neil T. Hickey to be Managing Director, Defined Contribution Investment Only.

Across all income groups, retirement income from employer-sponsored retirement plans is more prevalent among retirees today than in the mid-1970s, according to an Investment Company Institute (ICI) study.

A new report suggests that workplace retirement plan participation is down, but better than it has been in the past decade. 

Asset managers are adding staff and increasing budgets to capture the fast-growing defined contribution investment-only (DCIO) market, as the competition for DCIO assets is getting intense, a new...

Lincoln Financial Group announced that Sharon Scanlon has joined the company as Vice President and Business Leader for the Large-Market Defined Contribution (DC) business.

A recently commissioned survey indicates that employer-sponsored retirement plans are highly important to the workers who participate in them, but most are not maximizing their savings power.

ING added a calculator to its Web site to help demonstrate the potential long-term financial impact of retirement plan contribution rate changes.

Large-size U.S. plan sponsors recently surveyed believe participation in defined contribution plans should be mandatory, with immediate vesting of employer contributions.

The Associated Press is proposing a new contract with union employees under which its defined benefit pension plan would be frozen.

Fidelity Investments has been chosen by AT&T as its sole retirement provider, Fidelity announced.

Lincoln Financial Distributors, the wholesale distribution subsidiary of Lincoln Financial Group, announced that Greg Libby joined the firm as regional sales director with the Defined Contribution /401(k) team.

As defined contribution (DC) plans have much more inherent risk than defined benefit plans, participants, sponsors, and advisers need to take a more hands-on and active approach to...

A report from the Investment Company Institute shows that in the first half of 2010, defined contribution plan participants’ loan and withdrawal activity rose slightly compared with the...

Putnam Investments has made changes to senior roles on its defined contribution team, in what Edmund F. Murphy, III, Managing Director, Head of Defined Contribution, called “the...

A 401(k) provider has unveiled a bundled 100% index fund 401(k) program where employees pay only the expense ratios of the index funds.

A Towers Watson survey found that a majority of workers (56%) would be willing to pay a higher amount from their paycheck to ensure a guaranteed retirement benefit.

American Pension Services is introducing a 413(c) multiple-employer defined contribution plan, called “The Platinum 401k” program.   

Defined contribution money managers may have an unlikely benefactor to thank for helping to deliver an estimated $1.9 trillion in contributions over the next five years: the recent...

In a study released by Ameriprise Financial, “New Retirement Mindscape II,” researchers found that pre-retirees working with a financial adviser are taking many more steps to prepare for...