March 4, 2013 at 4:05pm
New defined contribution record-keeper information
Pensions & Investments recently published the results from its latest defined contribution record-keeper survey. The survey now includes information on investment vehicle type, mobile applications and participants by client type. Mutual funds held 44.1% of the assets, with “other” and separate accounts accounting for most of the remainder. The P&I survey revealed that 62% of record keepers have mobile apps offerings for participants. Of those that offer mobile apps, 97% offer smartphone applications and 81% offer tablet applications.