Corporate DC plans
ssociated British Foods DC Pension Scheme, London, is adding Invesco Perpetual’s Global Targeted Returns Fund to the lineup of its defined contribution plan. The Invesco fund...
December 10, 2014 | 01:59 pm
The Supreme Court should not prevent 401(k) plan fiduciaries from being sued for more expensive investment choices made years earlier, petitioners argued in a brief filed Tuesday in Tibble et al. vs. ...
December 03, 2014 | 04:00 pm
Stillwater Mining Co. hired Prudential Retirement as record keeper of its 401(k) plans.
November 26, 2014 | 02:03 pm
AutoNation Inc., Fort Lauderdale, Fla., is adding three investment options and a new target-date fund lineup, and removing four investment options and its company stock fund in its 401(k) plan...
November 25, 2014 | 03:39 pm
BMO Harris Bank is adding the MetWest Total Return Fund to its 401(k) plan.
November 24, 2014 | 03:30 pm
The Supreme Court on Monday declined to hear an appeal by participants in a class-action lawsuit against Cleveland-based KeyCorp and fiduciaries of the firm’s $1.5 billion 401(k) plan, alleging ...
November 18, 2014 | 03:43 pm
The U.S. Supreme Court on Monday declined a petition that it review Tussey et al. vs. ABB Inc. et al., a fiduciary breach case that has been closely watched by the definehttp://edit.pionline....
November 10, 2014 | 04:16 pm
The average 401(k) balance as of Sept. 30 was $89,100. That figure -- based on the 21,300 corporate defined contribution plans for which Fidelity is record keeper -- was down 2% from June 30 but up 5....
November 06, 2014 | 10:10 am
The Labor Department filed a lawsuit against the fiduciaries of two Severstal Wheeling Inc. defined contribution plans, alleging the fiduciaries “imprudently invested” plan assets,...
November 04, 2014 | 04:14 pm
Granite Services International Inc. is adding the BlackRock Core Bond Fund as an investment option in its 401(k) plan.
November 04, 2014 | 03:44 pm
Parsons Corp. is adding the Dodge & Cox Income Fund to the investment lineup of its 401(k) plan.
November 04, 2014 | 02:04 pm
Dillard’s Inc. added ClearBridge Investments’ small-cap growth fund to the investment lineup of its 401(a) plan.
October 31, 2014 | 02:07 pm
Randstad North America made several changes to the lineup of its retirement savings plan.
October 31, 2014 | 01:53 pm
Crain Communications Inc. hired Institutional Investment Consulting as a special project consultant to conduct an invitation-only search for a record keeper for its $100 million...
October 30, 2014 | 04:06 pm
Defined contribution executives need to be both precise and flexible in the managing of their plans, according to fellow sponsors, consultants and providers who spoke at the annual Pensions &...