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University of Rochester to drop PIMCO fund as investment option
trueUniversity of Rochester, N.Y., will remove the PIMCO Unconstrained Bond Fund as an investment option for its $3.45 billion 403(b) and $67.8 million 457(b) plans.
NYC Teachers chooses director of investment administration
trueSusan Stang was promoted to director of investment administration for the New York City Teachers' Retirement System.
Washington County Public Schools taps 4 record keepers for DC plans
trueWashington County Public Schools, Hagerstown, Md., hired AXA Equitable, MetLife, PlanMember Services and Voya Retirement Services as record keepers of its $22 million 403(b) plan and rehired MetLife as record keeper of its $3 million 457 plan.
Brown University revamps investment lineups for 2 DC plans
trueBrown University is streamlining the investment lineup of its two 403(b) plans.
Jefferson County Public School District issues call for 403(b) consultant
trueJefferson County Public School District, Golden, Colo., is searching for an investment consultant for its $115 million 403(b) plan.
University of Arkansas calls on CAPTRUST as first investment consultant
trueUniversity of Arkansas System hired CAPTRUST Financial Advisors as the first investment consultant for its $3.7 billion 403(b) retirement plan, pending successful contract negotiations.
Fermi Research Alliance picks Fidelity as sole record keeper in DC revamp
trueFermi Research Alliance, hired Fidelity Investments as sole record keeper and is overhauling the investment lineup of its defined contribution plans, effective Feb. 2.
Ferris State University wants consultant for 4 DC plans
trueFerris State University is searching for a consultant for its three 403(b) plans and 457(b) plan.
Roanoke County seeks investment consultant for schools' DC plan
trueRoanoke County, Va., is searching for an investment consultant for Roanoke County Public Schools’ $6.6 million 403(b) plan.
University of Arkansas wants consultant for 403(b) plan
trueUniversity of Arkansas System, Fayetteville, is searching for an investment consultant for its $3.7 billion 403(b) plan.
3 Connecticut DC plans hunting for provider, stable value, custom target-date funds
trueConnecticut Office of the State Comptroller is searching for a bundled provider, stable value manager and investment manager to create a custom target-date fund lineup for the state’s three defined contribution plans.
IRS adjusts 2015 retirement plan contribution limits for inflation
trueEmployees will be able contribute more to their defined contribution plans in tax year 2015, thanks to cost-of-living adjustments announced Thursday by the Internal Revenue Service.
San Diego State University Research Foundation revamps DC lineup
trueSan Diego State University Research Foundation is making changes to the investment lineup of its $147.3 million 403(b) plan.
Washington County Public Schools looking for record keepers
trueWashington County Public Schools, Hagerstown, Md., is searching for record keepers for its $22 million 403(b) plan and $4 million 457 plan.
Higher education DC plans turning to consultants, smaller lineups — survey
trueMore higher education retirement plans are using investment consultants while streamlining their investment options lineups, said a news release regarding a survey from Cammack Retirement Group.