The Pension Benefit Guaranty Corporation is seeking damages from a construction company after the PBGC took over its terminated pension fund.  

Several private-sector employers in Delaware will participate in Delaware’s pilot auto-IRA program, and CalSavers continues to achieve milestones.

Broadridge names Kirkland to head of mutual fund regulatory unit; Standard brings in Orr to lead AI use across organization; Newfront adds financial industry veteran to board; and more.

An advocacy group for independent insurance advisers alleges the DOL’s Retirement Security Rule is similar to a proposal struck down by federal appeals court.

Given the recent data breach at J.P. Morgan, plan sponsors should evaluate their recordkeepers’ cybersecurity practices and ensure there is a plan of action in case a breach occurs. 

Since acquiring the business in 2022, Empower has officially integrated Prudential’s recordkeeping system onto its platform.

Morningstar policy brief analyzes the impact of the Department of Labor Retirement Security Rule. 

Pacific Life enhances suite of annuities; TIAA and Nuveen lifetime income default target-date offerings approach $35 Billion; Cetera launches active ETF research select list; and more. 

NAGDCA also listed delayed implementation dates and the creation of a National Retirement Security Month.

GAO reports that the DOL does not offer adequate guidance on how to interpret differences across TDFs.

This is the third case that law firm Schlichter Bogard LLP has brought against a company following a pension risk transfer with Athene in the last few months.

The Department of Labor is continuing its enforcement push against profit-sharing plans.

Business-related degrees are important, but so are data management and soft skills.

Staffers have varying degrees of experience with retirement plans, so providing training and education is vital when managing a benefits team.

This provision is designed to protect plan fiduciaries from participants’ poor investment choices, but the plan sponsor is still responsible for providing a range of investment options, among other requirements.