Search Results

AIGs pension plan will be frozen effective 2016, continuing an industry trend of moving to defined contribution models.

The gap in the workplace between the highest and lowest paid has been growing for years. Far less noticed has been the growing gulf in retirement pay.

Bill Grosss departure is opening the door for smaller competitors to break Pimcos dominance after the worlds biggest bond firm quintupled assets to $2 trillion over the past decade.

Gross, 70, who co-founded Pimco more than four decades ago and managed the worlds biggest bond fund, will start Sept. 29 at Janus Capital Group Inc.

Out of the 250 biggest companies in the U.S., which have the most lucrative -- and least generous -- retirement benefits?

A retired doctor and six others are alleging Novants plan saw a more than 10-fold increase in fees over three years and contains costly investment choices.

Employers are squeezing their workers retirement savings, holding back on both the amount and the timing of 401(k) matching funds and dragging out vesting schedules.

Leading the pack was Sullivan & Cromwell, a law firm based in New York. BrightScope noted the plan for its low fees, company generosity, participation rate and the size of participants account balances.