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Benefits & Administration |
Cash Balance Plans Continue to Be Attractive Option for Employers |
New research released by retirement plan services firm Kravitz shows strong growth in the cash balance plan market, which just topped $1 trillion in total invested assets. “The milestone caps a decade-long trend of double-digit annual growth, with cash balance plans becoming an increasingly important sector of the retirement market and traditional defined benefit plans declining,” the firm explains. Small businesses seem to be driving much of the new cash balance plan growth.Read more > |
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Products, Deals and People |
Investment Product and Service Launches |
John Hancock Investments enacts expense reductions in TDF suite; Defined Contribution Real Estate Council publishes investing checklist for plans; Morningstar introduces new global risk model.Read more > |