Defined Benefits

State Street is responding to subpoenas from the Department of Justice and the Securities and Exchange Commission for information, the Boston-based firm disclosed today in a regulatory filing.

Prudential Financial Inc. says the biggest pension deals make the most sense for it.

The level of assistance PBGC gives to failed multiemployer plan participants is limited compared to single-sponsor plan beneficiaries.

Since 2010, the DOL has recovered more the $241 million in ESOP violations.

The difference in projecting liabilities between the assumed-return and bond-based approach can be huge.

One-quarter of the largest private defined benefit funds now deploy ETFs, and adoption rates are even higher with public defined benefit funds and endowments.