New York City mayor calls for creating private-sector retirement plan
New York City Mayor Bill de Blasio said he will present legislation to the New York City Council that would create a retirement plan for workers in businesses whose employers lack a retirement plan.
View ArticleDon't kill private-sector ideas
The new interest in creating ways for more employees to build retirement accounts comes too late for many of the baby-boom generation in the private sector, but might be just in time for the echo-boom...
View ArticleSEC proposal could alter use of mutual funds in DC plans
Proposed SEC regulations that would require mutual funds to have a minimum cash cushion and liquidity risk management programs in place could have a broad impact on retirement plans, sources said.
View ArticleTarget-date assets up thanks to default option status
The surge into target-date funds continues, with assets allocated to those funds occupying an ever bigger share of defined contribution plans.
View ArticleP&I 1,000 across the country: 2016
See a map showing where the assets of the largest retirement plans are across the U.S.
View ArticleP&I 1,000 by the numbers: 2016
An interactive infographic of the P&I 1000 largest retirement plans.
View ArticleMedtronic goes with Aon Hewitt as new 401(k) plan administrator
Medtronic Inc. Savings and Investment Plan hired Aon Hewitt as administrator of the $5.9 billion 401(k) plan.
View ArticleNorth Dakota DC plans add Vanguard bond index fund
North Dakota Public Employees Retirement System added the Vanguard Total Bond Market Index Fund to the lineup of its $27 million 401(a) plan and $74 million 457 companion plan.
View ArticleIllinois State Board seeking consultant for 457 plan
Illinois State Board of Investment is searching for an investment consultant for the $4.1 billion Illinois State Employees' 457 Deferred Compensation Plan.
View ArticleP&I 1,000 largest retirement plans: 2016
See the largest retirement plans in each category.
View ArticleLos Angeles City Deferred Compensation scouting for third-party administrator
Los Angeles City Deferred Compensation Plan is searching for a third-party administrator.
View ArticleCalifornia air quality district searching for consultant for 457 plan
South Coast Air Quality Management District, Diamond Bar, Calif., is searching for a plan consultant for its approximately $136 million 457 plan.
View ArticlePlano, Texas, rehires DB custodian, 457 plan record keeper
Plano (Texas) Retirement Security Plan rehired Frost Bank as custodian/trustee.
View ArticleAmerican Red Cross strengthens operations, governance
Jane A. Western and Carol Lindsey joined the investment staff of American Red Cross.
View ArticleDeLand, Fla., looking for first consultant for its 2 DC plans
DeLand, Fla., is searching for its first investment consultant for its 401(a) and 457 plans.
View ArticleObama proposes curbs to retirement-savings tax incentives for wealthy, heirs
President Barack Obama has returned to a familiar soundtrack when it comes to curbing tax incentives for retirement savings, and interest groups want to limit its air play on Capitol Hill.
View ArticleMissouri re-enrolls Ascensus as 529 plan manager
Missouri State Treasurer's Office rehired Ascensus as program manager for the Missouri Higher Education Savings Program
View ArticleIowa treasurer proposes state-sponsored retirement plan for private sector
Iowa could set up a state-managed retirement plan for private-sector employees without access to employer-sponsored retirement savings plans, state Treasurer Michael L. Fitzgerald announced.
View ArticleFinancial Engines garners largest share in managed account market
Financial Engines was the managed account provider for 28% of plan sponsors in the Pensions & Investments Top 200 plan universe.
View ArticleMontgomery County Public Schools seeks investment consultant for DC plans
Montgomery County Public Schools is looking for an investment consultant for its 403(b) and 457(b) defined contribution plans.
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