Corporate DC plans
Total U.S. retirement assets rose 1.3% in the quarter ended March 31 to $24.9 trillion, said the Investment Company Institute's recently released quarterly report.
June 29, 2015 | 01:15 pm
Publix Super Markets added the Baird Aggregate Bond Fund to the investment options lineup of its 401(k) plan.
June 02, 2015 | 05:15 pm
Intel hired AllianceBernstein as the investment manager for two large portfolios in the company's retirement plans — a custom target-date series and a global diversified fund that contains many ...
June 02, 2015 | 03:52 pm
U.S. Solicitor General Donald B. Verrilli Jr. said the U.S. Supreme Court should not review RJR Pension Investment Committee et al. vs. Richard Tatum et al., a complex reverse stock-drop case pending ...
June 02, 2015 | 02:42 pm
The average defined contribution plan for a U.K. FTSE 350 company has significantly increased its exposure to alternative asset classes at the expense of developed market equities.
June 01, 2015 | 01:44 pm
Target-date and target-risk funds are being misused by defined contribution plan participants “who may be unaware of the funds' intended purpose” or who might be “uncomfortable with ...
May 28, 2015 | 03:56 pm
The U.S. Supreme Court on Monday broadened the responsibility of defined contribution plans, saying they have a “continuing duty to monitor trust investments and remove imprudent ones”...
May 18, 2015 | 01:08 pm
More than 1.5 million participants contributed to 401(k) accounts last year, an increase of 18% over the contributions by participants in 2013, said a report by Bank of America Merrill Lynch based on ...
May 13, 2015 | 03:20 pm
Verizon Communications Inc., New York, announced Tuesday it plans to purchase AOL Inc., New York, for about $4.4 billion in a deal that would add more than $600 million in assets to the...
May 12, 2015 | 12:27 pm
Defined contribution plan participants are more willing to accept aggressive auto-escalation policies than sponsors are willing to provide, according to a report from Northern Trust, published Monday.
May 11, 2015 | 04:28 pm
Gannett Co., McLean, Va., hired Vanguard Group as record keeper of its 401(k) plan.
May 11, 2015 | 01:48 pm
Eleven percent of employers offering company stock in their defined contribution plans have hired independent fiduciaries to monitor the investment option since a Supreme Court ruling in June on...
May 05, 2015 | 03:36 pm
Dow Corning Corp. hired Vanguard Group to replace T. Rowe Price as record keeper of its Employees' Capital Accumulation 401(k) plan.
April 23, 2015 | 01:43 pm
Sonepar USA hired Schwab Retirement Plan Services as record keeper for its 401(k) plan.
April 15, 2015 | 04:04 pm
Salt River Materials Group, Scottsdale, Ariz., is adding the Metropolitan West Total Return Bond Fund and the Vanguard Total Bond Market Index Fund to the investment options lineup in its 401(k) plan.