Pacific Life Insurance Co. acquired JPMorgan Chase’s U.S. Pension Advisory Group, which it will rename Pacific Global Advisors.

Defined benefit (DB) plans for small businesses reduce taxes and help make policyholders financially secure, a new study shows.

Workers earning less money were twice as likely last year to have their defined-benefit plans frozen than workers in the top income brackets, a new government report indicates.

The Internal Revenue Service announced cost-of-living adjustments for pension plans for the 2010 tax year, although the limitation on annual benefits for defined benefit and defined contributions remains unchanged.

Defined-benefit pension plans lost $54 billion in assets in February, according to a new report from Milliman Inc., a consulting and actuarial firm.

The losses, however, were offset by liability decreases …  Read →