Defined Contribution

The Department of Labors proposed fiduciary rule will transform thousands of non-registered defined contribution plan advisors, say analysts at Cerulli Associates.

In this installment of service providers perspective on 2015, and 2016 to come, executives from an insurer, a bank, and a benefits consultancy with a recordkeeping business review and predict industry highlights.

The quest for retirement income has led to the exploration of lifetime income solutions by both the DOL and the Treasury--here are 5 initiatives that may lead to more annuities in 401(k) plans.

Retirement savings now need to be nearly 4 times larger than what was required 40 years ago to generate the same level of low-risk inflation-adjusted investment income, a study shows.

Stetson University in Florida has retained TIAA-CREF as sole recordkeeper, and Prudential Retirement has added as clients the City of Shelton, Connecticut, and Interfaith Medical Center.

The future holds big opportunities for recordkeepers--Schwab's Anderson, T.Rowe Price's DeCamillo, and Wells Fargo's Ready consider 2015 and look to 2016.