Largest U.S. retirement funds climb 10.8% to $8.35 trillion but corporate defined benefit plans disappear from Top 10

2014-02-04T23:20:29-08:00February 4th, 2014|Categories: Defined Benefit Plans, Retirement|Tags: , , , |

Pensions & Investments, the international newspaper of money management, today published the results of the annual P&I 1,000 largest U.S. retirement funds survey, the industry’s best-read report on the state of the retirement industry. Total assets of the top 1,000 rose to $8.35 trillion, a 10.79% from last year. Defined benefit assets of the funds totaled $5.67 trillion, an increase of 8.11%, while defined contribution assets increased 16.93% to reach $2.68 trillion. This year’s data marks a milestone in the changing retirement [...]