Defined contribution plans
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High court seen likely to take ERISA fidicuary-breach case
trueChances have improved that the Supreme Court could rule on an ERISA fiduciary-breach case involving a dispute over how courts should interpret the law's statute of limitations on fiduciary-breach lawsuits, ERISA attorneys say.
Growth slows for top 300 plans' assets
trueAssets of the world's largest 300 retirement funds increased 6.2% in 2013. That is the fifth year in a row of positive growth for the top 300 funds across the glob, but a slower pace compared with 2012's 9.8% rate, according to our annual survey.
ERISA 40th anniversary
trueA brief history of ERISA through P&I's coverage.
An overview of the largest retirement funds
trueAn interactive look of 10 years' data of the largest retirement funds from P&I/Towers Watson World 300 survey.
Arkansas State University hires first investment consultant
trueArkansas State University System hired Multnomah Group as the first investment consultant for its $400 million 403(b) plan.
Villanova University signs TIAA-CREF as sole record keeper
trueVillanova University hired TIAA-CREF as sole record keeper of its 403(b) plan.
N.Y. State Deferred Comp axes Eaton Vance fund; performance cited
trueNew York State Deferred Compensation Plan is removing the Eaton Vance Large Cap Value Fund, managed by Eaton Vance Management, from the investment lineup of the $17.6 billion plan.
The unexpected costs of rebalancing and how to address them
trueInvestors commonly rebalance their portfolios to maintain desired asset allocations as prices change. But rebalancing can magnify drawdowns when there are pronounced divergences in asset performance.
Segal Rogerscasey recruits pension risk and asset liability consultant
trueMichael Wright was named senior vice president and senior consultant at Segal Rogerscasey.
Oklahoma Public Employees eyes Great-West for new DC plans
trueOklahoma Public Employees Retirement System will start negotiations with Great-West Retirement Services to provide record-keeping and stable value services for its new defined contribution plan.
St. Johns River taps Graystone as consultant for 2 DC plans
trueSt. Johns River Water Management District hired Graystone Consulting as investment consultant for the district's 457 and 401(a) plans.
Limerick Township searching for provider for 2 DC plans
trueLimerick Township, Limerick, Pa., is searching for a bundled provider for its 401(a) and 457 plans, said Beth F. DiPrete, the township’s assistant manager and treasurer.
Knoxville 457 plan on lookout for record keeper
trueKnoxville (Tenn.) Deferred Compensation Plan is searching for a record keeper, said Kristi Paczkowski, member of the deferred compensation committee and executive director of the $540 million Knoxville City Employees' Pension Fund.
A new DC plan to replace current patchwork system
trueOur nation needs to replace its existing retirement system — now.
Some target-date funds are boosting equities
trueSeveral target-date fund providers raised the equity components of their glidepaths, saying their research shows participants have a slightly higher risk tolerance than in the years immediately after the economic crisis.