Browsing Tag
Defined Contribution Plan (DC Plan)
316 posts
Fidelity Adds $148 Billion to Workplace Benefits Platform in 2020
Fidelity Investments reported Oct. 2 that it has added more than $148 billion in assets from new workplace…
What DC Plan Consultants Expect in Wake of SECURE Act
After the passage of the SECURE Act at the end of 2019, defined contribution plan consultants indicate they…
COVID-19 Expected to Have Short-Term Impact on DC Plan Sales
A new report says Defined Contribution plan sales are predicted to be considerably lower in the second and…
401(k) Assets Totaled $5.6 Trillion in First Quarter 2020
Not bad, all things considered. Total U.S. retirement assets were $28.7 trillion as of March 31, down 11.9%…
DC Plan Response to CARES Act Varied by Industry, Recordkeeper
“The response of defined contribution plan sponsors to the CARES Act was primarily influenced by the industry they…
New DOL Guidance on Private Equity Adds Flexibility for DC Plans
The U.S. Department of Labor issued important new guidance for 401k plan investment committees on June 3 that…
BlackRock Urged to Divest from China by Right-Leaning Ethics Watchdog
In a May 12 letter to BlackRock Chairman and CEO Larry Fink, the National Legal and Policy Center…
Few DC Plan Participants Withdrew Funds in 2019, ICI Finds
Only 3.9% of defined contribution (DC) retirement plan participants withdrew money from their accounts in 2019, according to…
Combating The Washington Post’s Ridiculous 401k Criticism
Democracy dies in darkness, and so apparently do retirement plans. The Bezos-owned Washington Post is out with a…
Confidence in Retirement Plans High Despite Coronavirus Crisis
Much has changed since January when the Employee Benefit Research Institute fielded its annual Retirement Confidence Survey (RCS).…