Tag: defined benefit retirement plans

Mercer names Somers as investment director; new chief commercial officer at Alight Inc.; Voya selects leader for Midwest wealth solutions...

Following nine successive Federal Reserve interest rate hikes and inflation hitting a peak of 9.1% in June 2022, U.S. public...

Samantha Davidson will arrive from Mercer to take the reins in July, as Noel O’Neill moves into a new investment...

Workers employed in finance and health care industries were responsible for contributing the bulk of defined contribution retirement plan assets...

The retirement consultancy brings on actuarial expertise with acquisition of Hooker & Holcombe.

According to most analysts, the fall in discount rates raised liabilities by more than the growth in equities, leading to...

Industry experts polled for Transamerica research expect a wide range of financial well-being benefits will be common by 2026.

Overall, U.S. corporate pension funding levels experienced a slight increase last month.

A new report argues that plan sponsors should offer retirement income solutions such as annuities to provide lasting lifetime income...

The pension fund lost $6.5 billion in asset value over the last year, ending a three-year streak of double-digit gains. 

Owais Rana was promoted to head of investment solutions for Principal Asset Management, which is merging previously separate businesses.   

But performance for defined benefit plans did rebound in Q4, according to a new report.

The lawsuit filed by Martone Construction claims its retirement plan providers ignored requested investment trades and claimed that trading was...

A federal district court judge has widened the exemption to include an N.J. hospital in a lawsuit remanded back to...

The decline for pension assets was the largest since the financial crisis of 2008, new data shows.  

An ERISA complaint against the Conagra pension plan claims the fiduciary and plan administrator are ignoring distribution rules laid out...

Funding levels improved most for pension funds that have significant weighting towards equities, said Agilis.

Confidence among pre-retirees that they will receive enough income from all their accumulated retirement sources to cover basic living expenses...

The Equable Institute released its final 2022 projections for U.S. state and local public pensions funding status, revealing the best—and...

The Actuarial Standards Board approved changes for public pension plans’ investment portfolio risk assessments, disclosures of employer contributions and investment...