Senate Confirms Bisignano to Lead Social Security
The former CEO of Fiserv Inc. was approved along party lines; his term will expire in January 2031.
Administration
Trump Budget Proposal Would Slash DOL Funding by 26%
The proposed cuts include eliminating workforce training by roughly one-third and removing both Job Corps and the Senior Community Service Employment Program.
How Institutions Are Trying to Spot Cognitive Decline
Plan sponsors and recordkeepers aim to prevent both participant mistakes and fraud schemes that can decimate retirement savings.
New Human Interest Platform Aims to Streamline 401(k) Management
The platform brings together plan design, proposal management, fund lineup, and participant data in an online tool to automate administrative tasks.
Fiduciary Liability Insurance Pricing Driven by Investment Fees, Plan Governance
Aon surveyed the largest 15 providers of fiduciary liability insurance about what key factors drive the pricing of their coverage.
More Fiduciary Basics
How can plan sponsors avoid prohibited actions, mitigate fiduciary exposures and correct errors?
ERISA Rules of the Road
Experts recommend retirement plans conduct fiduciary education and training sessions at least annually and any time a new member joins the plan committee.
Does Outsourcing Impact the Need for Fiduciary Education?
While outsourcing advisers or consultants can help relieve plan sponsors’ administrative tasks, it does not absolve them of fiduciary responsibility.
Fiduciary Basics for New Plan Sponsors
Who are retirement plan fiduciaries and what does ERISA require them to do?
Retirees Taking 1st RMDs Must Do So by April 1
The IRS rule applies to most participants in workplace retirement plans and all traditional IRA owners.
How FinTech, AI Tools Can Improve Administration, Access to Financial Planning
Fintech leaders discussed how artificial intelligence and technology can provide investors with more access to financial planning and personalized advice.
When Should Investors Rebalance?
Advisers and managers share the tools and messages that best allow plan sponsors to communicate the need for rebalancing and drive the process.
Expedited Payments From Social Security Fairness Act Coming Soon
Starting this week, the Social Security Administration is making retroactive payments because of changes to the WEP and GPO, with increases to monthly payments up next.
How Recordkeepers Are Supporting Participants Impacted by LA Fires
Firms with clients in the Los Angeles area are providing relief for those who may need to tap into their retirement savings.
Transamerica Launches New Logo
The rebranding campaign focuses the firm's commitment to middle-income Americans.
PBGC Premiums Now Due Sooner Than in Past Years
Premiums for plan years beginning this year will generally be due one month earlier than provided in the PBGC’s payment of premiums regulation.
The Why, What and How of Plan Benchmarking
A review of some of the methods and mechanisms retirement plan sponsors can use to determine how their plan’s costs measure up.
Retirement Plan Benchmarking: ‘More Art Than Science’
Experts say ongoing monitoring of retirement plans to ensure they maintain competitive offerings should be more nuanced than merely looking at costs and investment performance.
Fidelity Highlights Auto-Portability as Way to Combat Cash-Outs in Q3 Report
The firm also reported record account balances in 401(k) and 403(b) accounts.
Workplace Plan Portability Network Supports 5M Participants
One year after launch, the network to transfer stranded workplace balances between participating recordkeepers is live with about 15,000 plans.