Defined Contribution

The U.S. Department of Labor has announced three new cases against companies in which it alleges participants in retirement plans were being harmed.

City and county pension plans saw their ratio of unfunded future liabilities plummet more than 10 percentage points to 69 percent from 2011 to 2012.

Cash and security holdings by the 100 largest public pension funds in the U.S. reached record levels of nearly $3 trillion in the second quarter, according to the Census Bureaus monthly report released Monday.

If more plan sponsors offered automatic IRAs, those who make the lowest amount of money would benefit.

More than 40 percent of affluent, married women even those who earn more than their husbands are still not very confident in their investing ability.

Investment performance and fees typically get the most attention when plan sponsors try to compare one 401(k) against another. But is that the best approach?