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...That raises concerns they will lose faith in the long-term value of 401(k) and other retirement savings plans and reduce contributions....
...Instead, employers offered to match their workers’ contributions to a slate of mutual funds inside a tax-advantaged retirement plan, usually known as a 401(k) after the relevant section of the tax code....
...Across the Atlantic, regulatory changes have made it possible for so-called mom-and-pop investors to gain access to private equity via their defined contribution pension plans, the 401(k)....
...Adviser Joe DeNoyior believes the promise of a guaranteed income for life can be a game-changer for employees investing in 401(k) retirement accounts....
...cheque when they retire — and defined contribution schemes such as 401(k)s, where retirement payments are dependent on the balance of an individual’s account....
...Bronwyn Curtis, chair at JPMorgan Asian Investment Trust: No....
...Tax rules demand that employees saving for retirement or education put their money into equity and bond mutual funds in 401(k) and 529 plans....
...Ministers insist the NHS has enough money and that the efficiency savings sought will lead to improved services and will put hospitals on a sound financial footing....
...Consider definedcontribution retirement plans like 401(k)s....
...He describes the growth of the US 401(k) [private pension] system as a “wonderful development” while acknowledging that transferring the main responsibility for retirement provision to individuals in defined...
...The bull market of the late 1990s coincided with a vogue for offering savers a wide raft of options within their 401(k) retirement plans. They could switch between dozens of funds from day to day....
...As a result, the largesse of the defined benefit party is nearing its end, and the majority of workers are forced to rely on 401(k) plan savings to meet their retirement needs....
...(k) pension plans plus individual retirement accounts (IRAs)....
...The findings highlight a trend that is not limited to employees of the financial services sector, but can be found across the US – from trust-fund fiduciaries to workers saving into their 401(k) retirement...
...The latest Plan Sponsor Council of America annual survey found that 46 per cent of 401(k) plans offered auto-enrolment in 2011....
...The rise in alternatives to mutual funds – such as exchange traded funds and collective investments trusts – has allowed plan participants access to cheaper products for saving....
..., 401(k) and 403(b) plans, employer and employee contributions, and on and on....
...“Traditionally, the 401(k) participant experience has been narrowly focused on 401(k)s,” says Don Hess, head of product innovation for JPMorgan Retirement Plan Services....
...This would generate not only more tax revenue, but give people longer to contribute to other retirement saving, such as employer-sponsored 401(k) plans....
...T Rowe Price has been developing communications and advice platforms for DC pension schemes since the establishment of the US 401(k) plans in 1978....
...Countrywide Financial Corp: filed ostensibly on behalf of a putative class of participants in the Company’s 401(k) retirement plan whose retirement account contributions were voluntarily matched by the Company...
...whose 401(k) plans had purchased $40 billion of insurance from AIG against the risk of loss would have seen that insurance disappear; and holders of AIG’s substantial quantities of commercial paper would...
...“But I couldn’t fully trust it.”...
...Americans have savings concentrated in equities, generally in vehicles (such as 401(k) pension plans) whose value is very transparent....
...Until recently, the law did not allow non-spouse beneficiaries of retirement accounts such as a 401(k) plan to roll over the assets into an independent retirement ac-count....
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