Defined contribution plans
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Nevada System of Higher Education searching for service providers for DC plans
Nevada System of Higher Education, Reno, is searching for up to three firms to provide record-keeping, administration and trustee/custodial services for three 403(b) plans and one 401(a) plan, confirmed Melanie Lever, buyer.
Rockville Employees re-signs Segal Rogerscasey for investment consulting
Rockville (Md.) Employees Retirement System rehired Segal Rogerscasey as investment consultant for its hybrid retirement plan.
Pew: Early boomers will be last ones to catch retirement worm
Early baby boomers might be the last generation to enjoy a secure retirement, according to a report released on Thursday by the Pew Charitable Trust.
New Mexico PERA expected to rehire CliftonLarsonAllen as DC plan auditor
New Mexico Public Employees Retirement Association, Santa Fe, is recommending the board hire CliftonLarsonAllen as auditor for its $427 million deferred compensation program, said Joelle Mevi, chief investment officer, in an e-mail.
Aegon retirement survey: 40% of U.S. respondents not confident about a comfortable retirement
A survey released this week by Aegon examining the retirement readiness among 12,000 individuals in 12 countries across Europe, North America and Asia reveals that overall, only 14% of the combined respondents said they are 'very' or 'extremely' confident they will be able to retire with a ...
Huntington Memorial Hospital chooses Fidelity as record keeper
Huntington Memorial Hospital hired Fidelity Investments as record keeper for its 403(b) plan.
University of Kentucky hunting for investment consultant for 4 DC plans
University of Kentucky, Lexington, is searching for an investment consultant for its four defined contribution plans.
Tennessee city picks ICMA-RC for DC plan administration, other services
Crossville, Tenn., hired ICMA-RC to provide plan administration, investment and record-keeping services for a new 401(a) plan.
Portland's Metro taps ICMA-RC as third-party administrator for DC plans
Metro, Portland, Ore., hired ICMA-RC as third-party administrator for its 401(k) and 457(b) plans, confirmed Sharon Stiffler, procurement analyst. ICMA-RC replaces Vanguard and will provide administration, record-keeping, education, participant investment advice and investment management services
Florida's Orange County considers Vanguard international bond fund for 457 plan
Orange County Section 457 Deferred Compensation Plan will add the Vanguard Total International Bond Index Fund, if an advisory committee recommendation is accepted by County Comptroller Martha O. Haynie.
Aegon: Lack of retirement readiness becoming a global crisis
Lack of retirement readiness is an emerging global crisis for governments, employers and individuals, according to survey of individuals in the U.S., U.K., Japan, China and eight other countries released Tuesday by Aegon, an international insurance, pension and money management company.
EBRI finds financial calculators help people set more realistic savings goals
Online financial calculators enable workers and retirees to set more adequate savings goals for retirement than those who didn't use calculators, new research from the Employee Benefit Research Institute, Washington, shows.
Legal & General expanding its market focus
Legal & General Investment Management has been expanding through what might be dubbed as a grave-to-cradle approach to pension funds.
Deadline looms for Best Places to Work, Innovators
Time is running out to participate in two of Pensions & Investments' biggest editorial projects of the year.
Striving to create that perfect defined contribution plan
Regulators around globe rush to work out problems before giant retiree tidal wave hits.