Administration

Dhillon was one of 108 nominees confirmed Tuesday night to fill a variety of Department of Labor and other federal offices.

Enrollment in the state-run program is expected to become mandatory for qualifying companies this fall, according to a government fact sheet.

Industry experts discussed making employer offerings for participants nearing retirement easier to understand, documenting them clearly in plan governance and tailoring education to older workers.

Industry experts discussed how to better serve plan participants who are nearing or entering retirement.

The Retirement Savings for Americans Act could help some save $126,000 over a 40-year career, according to RAND.

Focus is shifting to cybersecurity from cost-cutting as demands on spending change.

The measures are intended to protect recipients from fraud and identity theft. 

Cuts to the Social Security Administration’s research, announced in February, led to the closure.

Automation allows for price relief for modest-sized companies that have been paying more to provide retirement benefits.

The end of federal loan cancellation and interest rate cuts could add financial stress and divert plan participants from retirement saving.

More than two years after passage of the SECURE 2.0 Act of 2022, advisers are beginning to see the effects of key provisions on their 403(b) clients.

Increasingly, benefits-eligible American workers are spending less time reviewing their workplace benefits, according to Voya.

Continuing a Trump administration trend of reducing the size and scope of the federal government, EBSA aims to ‘make its limited resources go further.’

The competitively bid price of transferring retiree assets dropped to an estimated 101.1% of a plan’s accumulated benefit obligation.

Education and tools plan sponsors can reference to help protect retirement plan assets and ensure the financial security of plan participants and beneficiaries. 

The former CEO of Fiserv Inc. was approved along party lines; his term will expire in January 2031.

The proposed cuts include eliminating workforce training by roughly one-third and removing both Job Corps and the Senior Community Service Employment Program.

Plan sponsors and recordkeepers aim to prevent both participant mistakes and fraud schemes that can decimate retirement savings.

The platform brings together plan design, proposal management, fund lineup, and participant data in an online tool to automate administrative tasks.

Aon surveyed the largest 15 providers of fiduciary liability insurance about what key factors drive the pricing of their coverage.