Defined Contribution

A study found that both U.S. and U.K. pension funds reported negative real annual mean performance from 2002 through 2011 and pension funds did not earn returns above the rate of inflation in either country during this time period.

The agency examined the reports and disclosures pension plans are required to make to government agencies and plan participants and the ways these reports are inefficient or ineffective.

The case, which has wound its way through the court system since it was filed in 2006, claims retirees and employees who participate in the plan were harmed because of high fees and bad investments management.

Stocks edged lower in early trading Tuesday as the Federal Reserve started a two-day meeting.

HARRISBURG, Pa. (AP) — Lawyers working for Republican Gov. Tom Corbett say they don't have enough information to determine whether the chief investment…

The funded status of the Russell 3000 pension plans increased by more than 17 percent in the past year to 94 percent.