Defined-Benefit Plans Are More 'Bundled'
Wall Street Journal (11/26/01) p.B7A; Bird, Christiane

According to a Chatham Partners study, defined-benefit plans are becoming more bundled as the economy continues to decline. Bundling involves the addition of more investment options and customer services rather than only offering record keeping, consulting, or investment management services. Currently, about 15,000 defined-benefit plans, which offer a certain amount to each participant after a defined period of time, are semi- or fully bundled, but Chatham predicts that by 2003, 44 percent of the plans will be bundled. Those investment firms, brokers, and other organizations that are able to clearly define their services, offer the best price, and market plans the best are those that will greatly benefit from the trend.

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