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The final rule applies fiduciary status for investment sales, rollover recommendations and annuity sales.

Connecticut-based energy company Avangrid is among the first plan sponsors to implement BlackRock’s LifePath Paycheck.

Fourteen plan sponsors have already signed on to offer the guaranteed income product, which functions like a target-date fund, to their employees. 

Eric Henderson helped the company produce $150 billion in sales while leading the annuity business.

The Department of Labor’s new fiduciary rule clarifies how retirement plan advice, one-time rollovers and annuity recommendations are viewed under ERISA.

By collecting more personal data beyond just age, recordkeepers have an opportunity to offer personalized target-date funds.

The amended complaint against the Hess Corp. alleges Hess plan fiduciaries provided target-date mutual funds instead of collective investment trusts in the investment lineup.

The alarming pay gap between newly drafted basketball players in the WNBA and the NBA provides an opportunity to examine the negative impact of low compensation on building...

SageView hires Sithens as retirement plan consultant; Ascensus names Torgerson to lead; New York Life hires Nixon as head of group benefit solutions claim operations; and more.

Federal court in Michigan dismisses a lawsuit brought against the Kellogg Company pension plan.   

The IRS will not enforce RMDs for inherited IRAs under the 10-year rule until at least 2025.

inVesti launches HSA to complement retirement offerings; Durham to assist financial advisers with retirement income planning; Summit Financial bolsters private market investment platform amid demand.

The current crop of 65-year-old Boomers, particularly among women and those without higher degrees, will struggle to maintain a working lifestyle, according to the Alliance for Lifetime Income.

Understanding retirement-related topics like Medicare coverage and life expectancy were most difficult for respondents, according to TIAA and the Global Financial Literacy Excellence Center.

Seven in ten employees said they would be willing to change jobs in exchange for better benefits, according to new research from Nuveen.

The anticipated final retirement security proposal did not feature anywhere in the budget proposal.

Employers should encourage younger workers to build emergency savings before contributing toward the company match and paying off student debt, says author Anne Lester.

Plan administrators would voluntarily turn over data to DOL to help missing participants and plans find one another.

Determining which medical account options to offer their employees requires employers to understand how their health care coverage benefits work and how benefits would be used. 

Ascensus says the deal for the individual 401(k), Multi-SEP, and SIMPLE IRA plans should be complete in Q3 2024.