Tag: Defined Contribution
Pennsylvania SERS Cuts Investment Return Rate Assumption to 7%
Pension board also approves reduction in assumed rate of inflation to 2.5%.
UK’s Largest Pension Fund Loses 1.7% in Fiscal 2020 But Beats Benchmark
South Carolina Governor Calls for Closure of Defined Benefit Pension
UK Universities Superannuation to Give DC Plan Access to Private Markets
UK’s largest private pension opens £17 billion portfolio to 85,000 defined contribution members.
National Defined Contribution Group Announces New Leadership
TPR Issues Guidance for UK Defined Contribution Plans
New laws that incorporate ESG requirements take effect in October.
TPR Replaces Pension Trustees over Incompetence
Regulator names independent trustee to oversee Dunnes Stores DC plan.
The US Owns Most of the World’s Retirement Assets
How one region’s pension domination sets the investing agenda for the rest of the globe.
Defined Contribution Plan Balances Tumble 10% in Q4
Market volatility drops average 401(K) holdings from previous quarter’s record high.
American Century Wins 401(k) Class Action Lawsuit
Judge rules that offering employees only proprietary funds does not violate ERISA.
Colorado Senate Passes Pension Reform Bill
Proposed changes aimed at eliminating the unfunded liabilities of the state’s pension plans.
BT Group to Axe Future DB Accrual for 10,000 Managers
Company reviewing feedback, still in talks with CWU for non-managerial DB members.
UK Defined Contribution Funds Rose 21% in 2017
Total assets of all plans grew to £48 billion.
FCA to Require Disclosure of Pension Transaction Costs
New rules apply to managers of defined contribution plans.