Defined Contribution Plans
J.P. Morgan drops put option for pooled stable value fund
J.P. Morgan Asset Management is changing the rules of a $2 billion pooled stable value fund to make it more attractive to wrap providers.
February 22, 2012 | 04:02 pm
N.Y. Deferred Comp plan on lookout for fixed-income managers
New York State Deferred Compensation Plan, Albany, issued an RFP for separate account fixed-income managers, according to the $12.6 billion plan’s website.
February 22, 2012 | 03:55 pm
Chester County Deferred Comp plan seeking providers
Chester County Deferred Compensation Plan, West Chester, Pa., is searching for one or more providers, confirmed Karen K. Florentine, human resources director for the county.
February 22, 2012 | 03:43 pm
Target-date investors more confident on retirement goals, survey claims
Defined contribution plan participants who invest in target-date funds have more confidence in meeting their retirement goals than other plan participants, according to a new survey by ING Investment ...
February 22, 2012 | 12:49 pm
Davies took his expertise in DC industry to Russell
Boy Scout volunteer Richard A. Davies took his expertise in defined contribution industry to lead the business at Russell Investments.
February 20, 2012 | 12:01 am
Managers ready for DC explosion across Europe
In the U.K., an intense battle for defined contribution talent is emerging to establish or grow capabilities that will form a hub for the rest of Europe.
February 20, 2012
Obama budget going after retirement tax incentives
President Barack Obama's fiscal 2013 budget proposal marks his first formal attempt to trim tax incentives for retirement savings.
February 20, 2012
Congressional resolution backs 401(k) tax deduction
A resolution supporting current tax incentives for 401(k) plans was signed Thursday by more than 100 members of the House, before federal budget negotiations for fiscal year 2013 begin in earnest.
February 16, 2012 | 04:05 pm
New Mexico Public Employees seeks stable value manager
New Mexico Public Employees Retirement Association issued an RFP for an investment manager to run a $142 million stable value fund for the state's $371 million 457(b) Deferred Compensation Plan.
February 16, 2012 | 03:49 pm
Rhode Island State Investment Commission narrows list to 2 for DC plan administrator
Rhode Island State Investment Commission named Great-West Life & Annuity Insurance and TIAA-CREF as finalists in its search for an administrator for the state's new defined contribution program.
February 16, 2012 | 02:44 pm
Gibson Dunn adds investment options from T. Rowe Price, Vanguard
Gibson, Dunn & Crutcher, a Los Angeles-based law firm, is adding three investment options to its 401(k) plan lineup.
February 16, 2012 | 02:25 pm
401(k) tax deferral has up to $70 billion annual price tag
The current tax treatment for 401(k) plans costs the U.S. Treasury $50 billion to $70 billion in revenue each year, according to an analysis from the Center for Retirement Research at Boston College.
February 15, 2012 | 05:52 pm
Lincoln DC unit picks national institutional sales manager
Michael Hall was named national sales manager for institutional retirement solutions distribution at Lincoln Financial Distributors, the wholesale distribution subsidiary of Lincoln Financial Group.
February 15, 2012 | 03:12 pm
Ohio Public Employees' 457 plan re-ups with Hewitt EnnisKnupp
Ohio Public Employees Deferred Compensation Program rehired Hewitt EnnisKnupp as investment consultant.
February 15, 2012 | 01:41 pm
Obama's budget bad for 401(k) incentives, ASPPA director says
President Barack Obama's budget proposal to remove the tax incentive for families earning more than $250,000 to contribute to 401(k) plans “is a bad proposal based on bad math,” said...