| | Webcast Invitation | | Many defined benefit (DB) plan sponsors are preparing for pension risk transactions in the fourth quarter, but many others have failed to take any action. In this webinar, we will discuss the volatility in interest rates, options for locking in funded status, the tools that are available to reduce balance sheet volatility, as well as other new solutions. Any plan sponsor who is either considering or actively pursuing pension risk transfer (PRT) should attend this valuable webinar.Read more > | | | Benefits & Administration | | Shift to DC Has Not Led to Less Retirement Savings | | The accumulation of retirement assets has not declined as a result of the shift from defined benefit (DB) to defined contribution (DC) plans, according to an analysis from the Center for Retirement Research at Boston College. Researchers compared data from the National Income and Product Accounts (NIPAs) about DB plan accrued benefits and DC plan contributions and found, for the period from 1984 to 2012, DB plan accruals declined sharply, and DC plan contributions rose commensurately as the use of 401(k) plans grew. On balance, the decline in DB plan accruals has not been fully offset by rising contributions to DC plans, leading to a slight overall decline in retirement saving. But, that’s not the end of the analysis.Read more > |
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