Lockheed Martin has changed its DC lineup to simplify choices, add equity exposure and encourage retired employees to keep assets in-plan.
Blackstone plans to merge Alight Solutions with a special purpose acquisition company to create a new publicly traded company, Alight Inc.
Mark Luckinbill was named executive director of the National Tax-Deferred Savings Association, succeeding Brent Neese.
Participants remain focused on nuts and bolts of their retirement plans despite U.S. political volatility.
Record-keeper consolidation continues as profit margins are squeezed, technology requirements grow and sponsors' demands increase.
REITs represent a small amount of assets in DC plans, but they can play multiple roles in portfolio management.
Sponsors have taken many steps to reduce the impact on DC participants' holding of company stock, especially during market volatility.
Many sponsors and participants have reduced high company-stock concentrations in DC plans, but big percentages persist in some plans.
Target-date funds offer different levels of risk between opposing strategies but also within individual strategies.
Vermeer's 401(k) plan participants are staying focused on the long-term and continuing to invest during the market meltdown.
The SECURE Act will strengthen DC participants’ retirement, while COVID-19 tests savers’ resolve, speakers at P&I’s DC East conference said.
T. Rowe Price Group will raise the equity components of its two target-date mutual fund series to help participants meet savings goals.
The SECURE Act, which provided a safe harbor for DC sponsors, addresses only one hurdle for adding annuities to DC plan lineups.
Recent research challenges the conventional wisdom of DC plan management but may reflect evolving changes, not repudiation of past practices.
Conference speakers tell sponsors that technology is "your friend" when it comes to meeting the needs of retirement plan participants.
A recent ruling compelling arbitration in an ERISA case has piqued retirement plan executives' interest.
An appeals court issued two different rulings on compelling arbitration in ERISA cases.
Still a small piece of DC plans' allocations, TIPS funds are advancing slowly, with target-date funds expected to fuel most of the gains.
Sixty-six DC communication campaigns were honored at the annual Eddy Awards sponsored by Pensions & Investments.
Tech stocks — the fabulous FAANGs — are building their defined contribution assets.
Participants in Transamerica's 401(k) plan filed suit, claiming plan fiduciaries failed to remove underperforming proprietary investments.
Financial firms are settling self-dealing allegations over proprietary products in their own 401(k) plans.
BB&T has agreed to pay $24 million to settle claims that officials for its 401(k) plan charged "unreasonable" investment management fees.
DC participants rebounded after the global financial crisis and plans made changes, but more preparation is needed for the next downturn.
More employees in DC plans are meeting or exceeding employer matches, but there's still more work to encourage greater participation.