Search Results

As defined benefit plans continue to disappear, more American workers are relying on defined contribution plans, such as 401(k)s, to save for retirement.

The U.S. Court of Appeals for the Second Circuit remanded a lawsuit against the company over how its pension benefits were calculated back to a district court.

A booming defined contribution market is luring brokers to rethink their sales strategy.

The suit claims Millers Health Systems and PBI Bank in 2007 approved a $40 million purchase of stock that was well in excess of its fair market value.

A year after the DOLs 401(k) Fee Disclosure Rule, a 2013 Limra study shows 50 percent of retirement plan participants still dont know what they pay and, worse yet, 40 percent still think their 401(k) is free. What gives?

The U.S. Chamber of Commerce and National Association of Manufacturers support the overall deal, yet they and other business groups warn the fees will have a negative impact.

Plan participants sue advisors for bad advice, high fees and plummeting retirement assets.

They argues in a letter that recalculating spousal benefits, death benefits and required minimum distributions to same sex partners would open plans and participants to complicated questions about payments and decisions made under DOMA.