A federal judge had dismissed claims related to one of the university’s plans, but a new complaint, and a new plaintiff, bring back those claims.
A significant number of retirees and pre-retirees report that they feel unprepared to navigate financial shocks and unexpected expenses, according to a survey from the Society of Actuaries.
In a followup interview with Jack Cohen, Association of BellTel Retirees chairman, he says his association and others warned the PBGC that risk transfers would harm the insurance system.
One-third (34%) of Millennials say they plan to save $200,000 or less to be comfortable in retirement, according to a survey by Aperion Care.
While research suggests the funded status of state and local pension plans is inching closer to that of state pension plans, data shows their funded status is still low.
Survey data shows a sizable group of retirement plan participants have lowered their contributions in the last year to address debt, unexpected bills, health care costs and other challenges.
Market returns, adoption of safe harbor plans and more education to participants can be attributed to this increase.
While some claims were dismissed, others were moved forward.
The new edition aims to support the needs of employers providing defined contribution plans by enabling service providers to prepare consistent RFP responses, resulting in reduced response times and more accurate evaluations.
We covered a survey which found if an emergency pet expense were to present itself, more than one-third (37%) of respondents said they would sacrifice contributions to their retirement account to pay for it.
The Department of Labor found fiduciaries failed to remit salary deferrals and loan repayments and withdrew assets from the plan trust to use for non-plan purposes.
Colony Enacts Mergers with Bridgewater Wealth and BWA; Multnomah Group Hires Former Investment Consultant; American Century Hires ETF Initiative Specialists; and more.
Purchasing Power's Chief Operating Officer Elizabeth Halkos offers predictions for workplace financial benefits in 2018.
The agency is required to adjust these amounts annually for inflation, but the agency says its goal is to encourage compliance, not to penalize plans that inadvertently forget to file information.
Another employer win in a stock drop suit indicates it is tough for retirement plan participants to meet the pleading standards set forth in Fifth Third v. Dudenhoeffer.
The firm’s retiree program is designed to provide plan participants the essential guidance needed to manage assets through retirement from within the qualified plan.
The slight decrease in overall mortality during 2016 measured by the Society of Actuaries may seem to run counter to the CDC’s report that life expectancy at birth declined 0.1 years, however both stats are in fact true.
Invesco launches Peak Retirement Target-Date Fund Series, and Efficient Advisors launches mutual fund partnership with Dimensional.
Following the GOP tax cuts, plan sponsors may wish to coordinate administration of their loan offset rollover rules with their TPA, attorneys suggest, in order to avoid inadvertently defaulting participants' plan loans.
A federal court judge vacated the incentive portion of the EEOC wellness program rules under the ADA and GINA, but issued a stay on his decision until January 1, 2019.