Most defined contribution (DC) plan participants stayed the course in their asset allocations, as stock values edged up during the first six months of the year, according to the Investment Company Institute’s (ICI)’s latest study of recordkeeper data. Participant withdrawal activity was also low.Read more >
“Why would a church ever want to elect Employee Retirement Income Security Act (ERISA) coverage? Have the Experts come across examples of churches who have elected ERISA coverage for their plans, and, if so, why?”Read more >
The U.S. Department of Labor’s (DOL) Assistant Secretary of Labor for Employee Benefits Security Phyllis C. Borzi announced an update on compliance with employee benefit plan rules for plan sponsors adversely impacted by Hurricane Matthew.Read more >
The number of defined benefit pension plans increased by 1.6% in 2014; however, defined contribution plans remain the dominant retirement plan type.Read more >
