Corporate DC plans

Watch breaking news videos and read news updates about Corporate DC Plans on pionline.com

  1. Rabobank pension fund names new general director

    trueBernard Walschots was appointed general director of the Stichting Rabobank Pensioenfonds, Utrecht, Netherlands.

    Articles

  1. AIG to freeze U.S. pension funds, enhance DC offerings

    trueAmerican International Group Inc., New York, plans to freeze its U.S. pension funds, effective Jan. 1, and focus on enhancing its defined contribution plans with additional contributions.

    Articles

  2. DOL preps state retirement program rules for private-sector employees

    trueProposed rules for states to set up auto-enrollment IRA savings programs for private-sector employees were submitted for interagency review by the Department of Labor on Wednesday.

    Articles

  3. Naples, Fla., taps first consultant for 4 DC plans

    trueNaples, Fla., hired Montgomery Retirement Plan Advisors as the first investment consultant for its four defined contribution plans.

    Articles

  4. Organizations call for U.K. social investment funds in DC plans

    trueDefined contribution participants should be able to finance social impact projects in the U.K. through the introduction of social investment funds as options in their plans, said a new report.

    Articles

  5. Corporate pension funding slides in August despite declining liabilities — 2 reports

    trueDeclining asset values pushed U.S. corporate pension funding levels down in August, said reports from BNY Mellon and Wilshire Consulting.

    Articles

  6. Moody's: Older IRS mortality tables could save sponsors $18 billion next year

    trueThe IRS' decision to stick with 15-year-old mortality assumptions will save corporate defined benefit plan sponsors at least $18 billion in contributions in 2016 and be a credit positive for them, said a report from Moody's Investors Service.

    Articles

  7. Walt Disney Co. appoints treasurer with oversight of pension plans

    trueJonathan S. Headley was named senior vice president and treasurer at The Walt Disney Co.

    Articles

  8. Greenwich Associates sees continued diversification by institutional investors in Asia

    trueInstitutional investors in Asia ex-Japan have made dramatic progress in diversifying their portfolios since the global financial crisis, a trend that should continue to benefit managers of global equities and alternative strategies, a Greenwich Associates survey showed.

    Articles

  9. Mercer: Equity market turmoil pushes corporate pension funding levels down in August

    trueThe estimated aggregate funding ratio of pension plans sponsored by S&P 1500 companies fell two percentage points to 81% in August, said a report released Tuesday by Mercer.

    Articles

  10. NEST searching for emerging markets debt manager

    trueNational Employment Savings Trust is looking for an actively managed emerging markets debt fund to add to its existing set of strategies within its default and other fund options.

    Articles

  11. Delaware looking for record keepers for 3 state DC plans

    trueDelaware is looking for one or more record keepers for its three defined contribution plans — a 457(b) deferred compensation plan, a 401(a) match plan and a 403(b) plan.

    Articles

  12. Tesco to freeze pension fund, offer new, enhanced DC plan

    trueTesco PLC will offer a new defined contribution plan beginning in November, once the supermarket freezes its £8.4 billion ($13.2 billion) pension fund.

    Articles

  13. U.K. corporate pension fund deficits fall 4.2% in August

    trueThe total deficit of U.K. corporate pension funds decreased 4.2% to £248 billion ($389 billion) in August.

    Articles