Newsmakers
DB Plans Far More Cost-Efficient Than DC Plans, Research Finds
Switching from pensions to 401(k) plans only saves money if benefits are cut substantially, a new report says.
Tag: DC
Asset Allocation
Fidelity 401(k) Plan Balances Rise to New High in Q1
Despite economic fallout from the pandemic, defined contribution plan balances remain strong.
Research
Auto-Enrollment Triples New Hire Participation
Vanguard report finds DC plan take-up rates surge to 91% from 28% under automatic enrollment.
UK Bank Touts Venture Capital, Growth Equity for DC plans
British Business Bank says alt assets could boost returns, reduce volatility.
National Defined Contribution Group Announces New Leadership
CalSTRS Director of Retirement Readiness Sandy Blair joins as the organization’s new president.
Unite to Vote on Royal Mail Pension Proposals
Union doesn’t offer a recommendation, but calls proposals “best achievable” package.