Administration

The Timken Company has agreed to purchase a group annuity from Prudential to pay certain retirees’ future pension benefits.

A strong majority of companies with 401(k) plans have adopted automatic enrollment and other steps to ensure workers receive the full employer matching contribution, according to Aon Hewitt.

Plan sponsors should consider the steps that go into a prudent process for selecting a provider if they want to include a lifetime income solution in their plans. 

A survey finds the majority of DC plan sponsors that offer company stock as an investment option have no plans to make changes to the offer, despite a...

Unlike established retirement plans with hundreds or thousands of participants, startup plans at small businesses are often at risk of folding because of weak participation.

An increasing number of employers are broadening the types of financial and retirement planning resources they offer employees.

Low interest rates and new mortality tables overpowered the year’s positive asset returns, resulting in a 9% decline in funding for Standard & Poor’s (S&P) 1500 companies, according...

The funded status of U.S. corporate pensions dropped to 87.3% in the last month of 2014, according to BNY Mellon ISSG.

The financial health of private pension plans weakened in 2014, with funded ratios falling to levels resembling post-recession lows.

A new rule for retirement plan distributions makes way for high earners to get into Roth IRAs.

Ongoing fiduciary responsibility and spending money on former employees are two reasons to consider amending a plan to include automated rollovers, Millennium Trust says.

For plan sponsors with more than 100 participants, one of the most important fiduciary duties is to ensure the plan receives a quality and independent annual financial audit.

Targeted messaging could alleviate some of retirement plan sponsors’ fears about employees’ retirement savings adequacy.

The Missouri State Employees Retirement System confirmed four instances of hackers accessing participant accounts.

NCR Corporation announced an annuity purchase to secure certain pension plan participants' benefits.

 

Many retirement plan service providers are investing in technology to link and leverage data from banks, insurers and other places where participants hold assets outside their retirement accounts.

MetLife will take over pension payments to the retirees and beneficiaries covered by the agreement.

The offering of company stock in defined contribution plans has declined since 2005, according to Vanguard.

Trends, legislation, regulations and litigation will continue to affect the retirement industry in 2015.

Changes ahead for public defined benefit plans may call for new investing and funding strategies.