401(k)s to Overtake Pensions as Primary Retirement Vehicle in 2012: State Street
In 2012, more people will save for retirement in 401(k)-type plans than in traditional pensions, which means employees need better guidance from plan sponsors, says State Street Global Advisors.
J.P. Morgan Asset Management Rethinks DC Plans
In a foray into the retirement marketplace, J.P. Morgan Asset Management has developed three core menus the let DC plan participants engage more actively with their plans.
Public Sector Overwhelmingly Favors Pension-Style Retirement: NIRS
A study found DB plans are strongly preferred over DC plans in the public sector, and investment returns are higher in DB plans than in 401(k)s.
As Politicians Spar Over Social Security, 401(k) Planners Fill Retirement Gap
America’s workers are relying more than ever on their employers to ensure they’ll have enough money to retire—and this trend toward paternalism is being embraced by mutual fund and insurance companies.