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A lawsuit claims the City of Colorado Springs’ termination of Memorial Health System’s affiliation with the state pension system violated state law.
Eighty percent of Catholic dioceses offer lay employees a 403(b) plan, while 15% offer a 401(k).
The GAO recommends that the Department of Labor require defined benefit plan sponsors to notify the agency when they offer lump-sum payment windows.
A webcast series from the DOL aims to help increase awareness and understanding about basic fiduciary responsibilities for plan sponsors of retirement or health benefit plans.
Nearly four out of 10 retirement plan participants are not familiar with all the investment options in their plan.
A federal court has ordered a fiduciary to repay $300,000 to a number of pension plans, for which the Department of Labor sued over misuse of assets.
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Groom Law Group says the addition of two principals to its health and welfare practice expands the firm’s ACA implementation and compliance capabilities.
Vanguard says it is expanding its family of target-date funds, with plans to introduce a new line of low-fee Institutional Target Retirement Funds.
A group of retirees should not have received a lump-sum payment from a nonqualified plan at a change in control because they were not “participants” as defined by the plan.
A new investment research tool from Aon Hewitt provides “insightful and transparent” ratings of thousands of investment products, based on eVestment data and analytics.
LGIMA has hired Mark Toomey, senior client portfolio manager, to assist with its expansion.
Institutional investors are not acting fully on their own expectations when making their asset-allocation decisions, research suggests.
Half of plan sponsors do not take advantage of qualified default investment alternative safe harbor protections, a survey finds.
Experts from Groom Law Group answer questions about new IRS guidance about applying the Patient Protection and Affordable Care Act (ACA) employer mandate look-back rules.
The market is poised for accelerated defined benefit pension plan risk transfer activity, according to speakers featured in a Mercer webcast.
An attempt by Acting Attorney General of New Jersey John J. Hoffman to find the 2011 pension reform Governor Christie signed into law unconstitutional failed.
Underlying 401(k) investment fees declined for both small and large retirement plans in 2014, according to the 15th edition of the 401k Averages Book.