American Century Wins 401(k) Class Action Lawsuit
Judge rules that offering employees only proprietary funds does not violate ERISA.
Tag: Defined Contribution
Risk
Colorado Senate Passes Pension Reform Bill
Proposed changes aimed at eliminating the unfunded liabilities of the state’s pension plans.
BT Group to Axe Future DB Accrual for 10,000 Managers
Company reviewing feedback, still in talks with CWU for non-managerial DB members.
UK Defined Contribution Funds Rose 21% in 2017
Total assets of all plans grew to £48 billion.
FCA to Require Disclosure of Pension Transaction Costs
New rules apply to managers of defined contribution plans.