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 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.
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...
Assets in defined contribution plans will see double digit growth from 2011 to 2015, according to Financial Research Corporation's (FRC's) FRC Monitor — Strategic Planning issue.
Some 72% of employers in a recent poll have adopted auto plan features, with 51% using auto enrollment and 71% deferring participants into a target-date fund.
Newly released data on almost 24 million defined contribution (DC) retirement accounts shows stronger contribution activity and declining levels of participant-initiated withdrawals and changes in asset allocations in...
Paychex Inc. may have influenced a 401(k) plan’s investment lineup, but did not make the ultimate decision about which fund options to offer participants, a federal judge has...
Bank of America Merrill Lynch has expanded its Retirement & Philanthropic Services (RPS) group with the addition of two new members, one focused on the small business segment...
A federal court judge has refused to dismiss claims by a 401(k) participant that plan fiduciaries breached their duties when they transferred his accounts into a new default...
Transamerica Retirement Services has hired Chad Brown as regional vice president in the company’s southern region to oversee all sales and distribution activities in western and central Texas....