Corporate DC plans
The U.K. government will look at the contribution rates in corporate defined contribution plans and at how to include self-employed people in the retirement market as part of the its upcoming...
February 01, 2017 | 03:10 pm
Aon Hewitt has been sued by a participant in a Caterpillar Inc. 401(k) plan for its role as the plan’s service provider and record keeper, alleging Aon Hewitt breached its fiduciary duties...
January 31, 2017 | 04:05 pm
J.P. Morgan Chase has been sued by a participant in its 401(k) plan for allegedly causing employees to pay millions of dollars in excessive fees through a scheme motivated by “self-interest....
January 27, 2017 | 10:24 am
Fondo Pensione a Contribuzione Definita del Gruppo Intesa Sanpaolo, Milan, Italy, is searching for money managers to run about €3.7 billion ($4 billion) in assets across a number of allocations.
January 23, 2017 | 04:27 pm
Benefits executives at multinational corporations are seeking more centralized coordination of defined contribution plans due to DC's growing role in corporate retirement policies. a survey says.
January 23, 2017
An effective retirement plan should provide options that allow workers to build savings, adjust the mix of risk and safety as they age and turn accumulated savings into lifelong income in retirement.
January 18, 2017 | 06:00 am
The Department of Labor issued guidance on how its fiduciary rule will apply to investment advice provided to participants in 401(k) plans and people who have IRAs, and other retirement savings...
January 18, 2017 | 02:49 pm
Engility Corp., Chantilly, Va., has added the Prudential Guaranteed Income Fund as an investment option in its 401(k) plan.
January 18, 2017 | 02:05 pm
Smaller-business employers support offering retirement benefits themselves and policy initiatives to increase private-sector workers’ savings, according to a national survey released Wednesday...
January 12, 2017 | 03:46 pm
Turner Industries Group hired Vanguard Group as record keeper of its 401(k) plan.
January 10, 2017 | 03:42 pm
J.C. Penney is poised to pay $4.5 million to settle allegations over company stock in the firm's 401(k) plan, following a District Court's preliminary OK of the settlement.
January 06, 2017 | 03:06 pm
Airbus DS Communications hires The Palancar Group as investment consultant for its $40 million 401(k) plan.
January 05, 2017 | 11:28 am
Essentia Health has been sued by participants in its $1.1 billion 401(k) and $98.3 million 403(b) plans of charging excessive record-keeping fees.
January 04, 2017 | 04:13 pm
Participants in a Delta Air Lines Inc. 401(k) plan have sued plan and corporate executives alleging violation of fiduciary duties by offering a plan lineup with unnecessarily high fees for investments.
December 22, 2016 | 03:52 pm
Irvine, Calif., is searching for an investment consultant for its two deferred compensation plans, said an RFP on procurement website PlanetBids.