November 9, 2008 - The target date funds found in many retirement plans wont necessarily generate enough retirement savings, a Securian white paper claims.
November 2, 2008 - George Miller (D-Calif.) calls for a re-examination and possible overhaul of defined contribution plans, Pensions & Investments reported.
November 2, 2008 - Morgan Stanley's 8,500 advisors will offer John Hancock 401(k) plans, including the JH Signature line and plans with Guaranteed Income for Life.
October 19, 2008 - A new white paper focuses on the value of OppenheimerFunds Tru(k)ourse, an enhancement to the firm's Pinnacle and Record(k)eeper Pro platforms.
October 19, 2008 - The Lincoln Director and Lincoln American Legacy Retirement will merge under the name Lincoln Director, offering more than 80 investment options.
October 12, 2008 - Some Canadian retirees want to delay withdrawalswhich might force the liquidation of depressed assetsuntil share prices recover.
September 29, 2008 - The S&P Target Date Index Series consists of nine multi-asset class indices, each correlating to a particular target retirement date.
September 29, 2008 - The tool, which incorporates Monte Carlo methodology, allows users to also calculate the way specific factors will affect their level of retirement income.
September 20, 2008 - But older Americans havent rushed to withdraw retirement funds, according to a new poll from the MetLife Mature Market Institute.
September 20, 2008 - Most CFOs in Canada and the United States plan on reducing risk in their defined benefit (DB) plans rather than seek greater return on assets.
September 14, 2008 - The Prudential Insurance Company of America has agreed to acquire MullinTBG Insurance Agency Services, a leading provider of benefit solutions and deferred compensation programs.
September 7, 2008 - A federal rule that requires those aged 70½ and older to take RMDs from their IRAs and 401(k) accounts every year might be outmoded, one senator says.
September 7, 2008 - Americans, who on average sport a close-to-zero savings rate, had aggregated tax-deferred retirement savings of $17.6 trillion in 2007.
September 1, 2008 - A survey of 1,200 adults aged 20 to 40 found that 56% of them cashed out their workplace saving plans when they switched jobs.
August 24, 2008 - The U.S. Government Accounting Office said the new strategy allocates significant portions of the portfolio to volatile or illiquid assets.