Defined Contribution

Think theres no difference between an adviser and an advisor? Think again.

Two-thirds of the advisors surveyed are now including passively managed funds, compared to 54 percent last year.

Theres very little thats defined about defined contribution plans, leaving employees to their own devices and too often with little or no money saved for retirement, one of the governments top regulators said Tuesday.

Keck, who has more than 30 years of experience in the employee benefits industry, will serve a one-year term.

Its advocates acknowledge it's a risky investment but, they say, acceptance is growing, as is interest from institutional investors.

Beginning next year, single-employer plans that pay a per-participant flat premium will see an increase to $57 per participant, up from $49 in 2014.