Corporate DC plans
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.
April 14, 2015 | 04:16 pm
Royal Dutch Shell PLC’s proposed deal for BG Group PLC will create an entity with retirement assets of nearly $100 billion.
April 08, 2015 | 03:40 pm
WSP Parsons Brinckerhoff, London, hired Mercer to provide actuarial services to its seven U.K. retirement plans.
April 01, 2015 | 04:03 pm
Ameriprise Financial Inc. will issue RFPs for a record keeper and investment consultant for its 401(k) plan as part of a settlement reached Thursday with participants in the plan.
March 26, 2015 | 03:54 pm
Cequel III Management Co., St. Louis, is adding two new investment options to its 401(k) plan.