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Recruitment and retention benefits are often cited as the reason a company or government continues to provide a pension.

Consultants share what they see driving their clients’ defined benefit plan decisionmaking.

The abandoned accounts now hold more than $2 trillion in assets, according to Capitalize.

Funding will run dry if Congress does not agree to a funding resolution before October 1.

Nearly one-quarter of those surveyed by Bank of America considered leaving their employer due to insufficient benefits, up nine percentage points from 2024.

Retirement benefits remained available to the same overall proportion of private industry and state and local government workers as they were a year ago.

The next cohort to retire shared its retirement saving regrets and advice for younger generations in a Cerulli report.

The parties entered into mediation before a ruling had been made on Capital One’s motion to dismiss the case; the terms of the settlement have not been disclosed. 

A new Nationwide report underscores how delayed retirements could harm employees and employers alike.

Empower names a new chief marking officer; Northern Trust appoints a new head of product; BetterInvesting lands new CEO; and more. 

The two will jointly offer retirement savings accounts to private sector workers who lack access to an employer-sponsored plan.

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.

The legislation would amend the 340B Drug Pricing Program to ensure it benefits low-income patients, according to the bill’s sponsors.

The clarification makes slight changes to requirements for majority owners that choose to waive their plan benefits.

Franklin Templeton adds tax-aware long-short strategies to indexing platform; Mutual of America teams up with 3 firms to launch managed IRA; AAII and BI partner to educate investors;...

General Electric Co. faced the complaint from former participants following a 2020 pension risk transfer conducted with Athene. 

Participants of the retirement plan alleged years of financial mismanagement and self-dealing in NRECA’s 401(k) Pension Plan.

Nine Republican members of the House Committee on Financial Services published a latter to the agency requesting quick guidance.

The firm will expand its indexing capabilities in a $375 million transaction, taking over a critical provider for public U.S. equity funds.

Interest rates, pension plan funding and market conditions remain favorable for pension risk transfers, according to October Three.