The retirement plan landscape is stabilizing as fewer U.S. companies
last year moved from defined benefit (DB) plans to offering only a
defined contribution (DC) plan to new salaried employees than in any
other year over the past decade, according to a new analysis by global
professional services company Towers Watson (NYSE, NASDAQ: TW). The
analysis also found that a few industry sectors — insurance and
utilities — are bucking the trend from DB to DC plans.
for Retirement Plan Landscape Stabilizing as Fewer Fortune 500 Companies Shifting Defined Benefit Plans to 401(k)s, Towers Watson Analysis Finds investment picks