Investing

T. Rowe Price launches Social Security optimizer; IRI updates its retirement saving and income handbook; Just Futures launches ‘values-driven’ 401(k)s and 403(b)s; and more.

Michigan-based Dawn Foods Inc. changed its contribution matching formula to increase the total and reduce participants’ confusion.

Because target-date funds represent a large and growing share of plan assets, plan sponsors are narrowing their core investment menus, according to NEPC data.

Because equity funds tend to dominate core investment menus, PGIM argues in a new paper that there is a need for more fixed-income and conservative funds.

NEPC will manage the outsourced assets, as Kodak considers how to 'maximize the value of the over-funding.'

Milliman reports that investment performance in January ranged from a loss of 1% to a gain of slightly more than 1%.

A luxury goods company, media company, beauty retailer and media and entertainment company are all employers implementing student loan debt repayment matching this year.  

Federal judge allows lawsuit against American Airlines’ defined contribution plans to proceed.   

U.S. corporate pension plans see their funded status continue rising in January, consulting firms and trackers show.

San Francisco-based Woodruff Sawyer enters the pooled employer plan market, seeking to attract startup plans through the firm’s private equity and venture capital resources.

Late-year stock market rally drove a $349 billion increase in the 100 largest U.S. public plans’ funding, per Milliman.

Asset managers at Vanguard, BlackRock and T. Rowe Price express varying views on how equities and bonds should be allocated within target-date funds in the current market environment. 

The digital platform aims to improve public understanding of environmental, social and governance investing.

Institutional Advisory debuts 401(k) pooled employer plan, with Transamerica Corp. the recordkeeper and Pentegra the pooled plan administrator.  

Many corporate pension fund leaders are re-evaluating their liability-driven managers and allocations.

The U.S. is falling behind other countries in offering alternative investments in defined contribution plans, according to speakers at the DCIIA Academic Forum.

Reacting to cases citing the ‘inappropriateness’ of certain investments, many large plan sponsors have eliminated volatile asset classes from their menus.

The Treasury Department issued a record-breaking multi-billion dollar fine against crypto exchange Binance as part of a broad settlement with federal officials.

IBM’s decision to unfreeze its pension is a ‘strong endorsement’ of plan sponsors operating parallel defined contribution and defined benefit retirement plans.

The Board, or its designee, will review the investment performance of each investment option and underlying investment fund at least quarterly and review the policy at least annually.