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Defined benefit plans delivered an average return of 10.13% between 1995 and 2007, whereas 401(k) plans rose an average of 9.06% a year, according to a report released Wednesday by consulting firm Towers Watson. While that differential is just over one percentage point, the six largest DB plans analyzed outperformed the six smallest by three percentage points in that timeframe.
February 4 -
Speaking at the National Institute on Retirement Security in Washington, Putnam President and Chief Executive Officer Robert L. Reynolds urged Congress and the Obama administration to strengthen all of Americas retirement savings systems, public and private.
February 4 -
Big banks are starting to open the tech-spending spigot, but times are tight for their smaller peers.
February 4 -
WASHINGTON In a speech that amounted to a repudiation of congressional efforts to transform the regulatory system for banks, Federal Reserve Board Gov. Kevin Warsh suggested Wednesday that lawmakers were preoccupied by side issues.
February 4 -
WASHINGTON New initiatives from the Obama administration, including plans to tax large institutions and ban them from proprietary trading, and to offer community banks incentives to increase small-business lending, have run into a wall on Capitol Hill.
February 4 -
Speaking at the National Institute on Retirement Security in Washington Tuesday, Putnam President and Chief Executive Officer Robert L. Reynolds urged Congress and the Obama administration to strengthen all of America’s retirement savings systems, public and private.
February 3 -
Defined benefit plans delivered an average return of 10.13% between 1995 and 2007, whereas 401(k) plans rose an average of 9.06% a year, according to a report released Wednesday by consulting firm Towers Watson. While that differential is just over one percentage point, the six largest DB plans analyzed outperformed the six smallest by three percentage points in that timeframe.
February 3 -
Its important to still remember that retirement planning is much more complex than just having enough income to last through our golden years.
February 3 -
The Department of Labor’s new rules for advice in 401(k) plans are currently under review at the Office of Management and Budget and could be released as early as the end of the month.
February 3 -
The company was ordered to pay $12.1 million after being found liable for raiding AG Edwards branches.
February 3
