Defined Contribution

Vanguard has amassed nearly $7 billion in assets under management since jumping into the small-business retirement plan business and its looking for more.

The most compelling application of game-like techniques in the retirement plan world will occur in motivating employees to save more.

American Century Investments, the Kansas City-based investment management company that has built its brand on actively managed mutual funds, has tapped an LPL executive to lead its new Retirement Strategy and Services division.

Most state and local governments have fully funded their annual pension obligations over the past dozen or so years, with only a small number failing to do so.

It is a false choice, he says, to suggest that the only way to continue the business of providing financial service advice to folks is the status quo.

Which firm, or firms took that much business elsewhere?