Only a Quarter of Americans Report no Distraction to Saving for Retirement
October 18, 2011 (PLANSPONSOR.com) - Only a quarter (28%) of Americans say nothing has gotten in the way of saving for retirement.
Administration
Sponsors Report DC Providers Delivering Higher Level of Service vs. Plan Advisers
October 18, 2011 (PLANSPONSOR.com) - According to a recent survey by Anova Consulting Group, small market retirement plan sponsors in the adviser-sold marketplace report that DC providers (or...
Hispanics Twice as Likely to Struggle to Save for College & Retirement
October 17, 2011 (PLANSPONSOR.com) – Almost two-thirds (64%) of Hispanics say a college education is key to obtaining the American Dream, according to the State of the American...
Reaching Financial Goal Not Main Driver of Decision to Retire
October 17, 2011 (PLANSPONSOR.com) – A new Hearts & Wallets study finds the decision to retire in five years is driven by a Pre-Retirement Checklist.
Public Retirement Holdings Have Decreased
October 13, 2011 (PLANSPONSOR.com) - The nation's state and local public employee retirement systems had $2.5 trillion in total cash and investment holdings in 2009, a $726.1 billion or 22.7% decrease...
Nearly Half of Investors Worry About Losing Money Due to Market Volatility
October 13, 2011 (PLANSPONSOR.com) – A survey released by Natixis Global Asset Management found nearly half of American investors fear losing money due to market volatility.
DC Plan Participation Leveled Off
October 13, 2011 (PLANSPONSOR.com) – According to a new report by the Employee Benefit Research Institute (EBRI), participation of workers in individual-account 401(k)-type plans, which had grown sharply...
Crain Communications Freezes DB Plan
October 12, 2011 (PLANSPONSOR.com) - Crain Communications Inc. is freezing its defined benefit pension plan, completing a process that began in 2004.
DoL Seeks to Recover More Than $436K for Two Benefit Plans
October 12, 2011 (PLANSPONSOR.com) - The U.S. Department of Labor (DoL) has filed a complaint in federal court seeking...
Asia Institutional Investors Focus on Risk Management, Increasing Returns
October 12, 2011 (PLANSPONSOR.com) - While institutional investors in Asia are focused on managing the risks associated with above average market volatility and a low return environment, many...
Sponsors Should Look at Fees When Choosing Retirement Income Products
October 11, 2011 (PLANSPONSOR.com) - Plan sponsors looking to add a retirement income product to their 401(k) or other defined contribution plans need to fully understand what fees...
U.S. Pension System Holds onto Top 10 Ranking in Global Index
October 11, 2011 (PLANSPONSOR.com) - The United States’ retirement system has held onto its 10th-place ranking in a global...
Pension Funding Ratio Plummets in September
October 11, 2011 (PLANSPONSOR.com) - Pension plan financials have taken hits on both assets and liabilities...
SEC Looking into Kentucky System Placement Agent Activity
October 10, 2011 (PLANSPONSOR.com) - The U.S. Securities and Exchange Commission (SEC) wants to depose officials at the Kentucky Retirement System as part of its "informal inquiry" into...
Half of Non-retirees Question if Employer Plans are Adequate
October 10, 2011 (PLANSPONSOR.com) – According to a recent survey from Allianz Life Insurance Company of North America, 51% of non-retirees now question whether 401(k), 403(b), and 457...
Brown Signs One Pension Bill, Vetoes Another
October 11, 2011 (PLANSPONSOR.com) – California Governor Jerry Brown has signed one pension bill intended to strengthen government ethics and vetoed another.
Another Law Firm Starts BNY Mellon ERISA Investigation
October 7, 2011 (PLANSPONSOR.com) – The law office of Brodsky & Smith, LLC announced that it is investigating Bank of New York Mellon’s investment of retirement plan participants’...
Helping Insurers Capture More Retirement Assets
October 7, 2011 (PLANSPONSOR.com) – LIMRA has suggested five things insurers need to know to capture more retiree assets.
Recession or Not, no Matter with a Balanced Portfolio
October 7, 2011 (PLANSPONSOR.com) – New research from Vanguard shows that returns for a balanced 50% equity/50% bond portfolio have been statistically equivalent whether during an economic recession...
Milliman Reports Record Pension Funding Drop
October 7, 2011 (PLANSPONSOR.com) - The funded status of the 100 largest corporate defined benefit pension plans dropped by $124 billion during September 2011 as measured by the...