Earlier this month, the U.S. Department of Labor (“DOL”) issued a newsletter confirming the widely held view that private equity can be small components of diversified investment portfolios managed by professional funds, such as target maturity funds and balanced funds, offered to participants in 401(k) plans and other defined contributionRead More →

Early versions of web portals for plan members only provided information on account balances and investment options. Today’s innovative portals supplement this basic information with retirement income planning analysis and member-specific advice on improving retirement outcomes. Layout and site designs and user interaction features are also changing, based on behavioralRead More →

Defined benefit plan or defined contribution plan: an overview Employer pension plans are divided into two broad categories: defined benefit plans and defined contribution plans. As the name suggests, a defined benefit plan, also known as a traditional pension plan, provides a specified payment amount at retirement. A defined contributionRead More →