Latest News

The unwinding of a COVID-19 policy that prohibited states from removing people from Medicaid and CHIP could leave hundreds of thousands without health coverage.  

The complaint alleges the Florida-based energy company and its pension plan failed to disclose material information in the summary plan description used to calculate lump sum payments to...

CalPERS names Teykaerts executive director; SageView hires Sarah Parker as plan consultant; SWBC Retirement brings on new investment adviser; and more.

Reframing wording for employee contributions and presenting higher default savings options are effective strategies, according to Voya research.

While American Funds experienced inflows several firms saw net outflows from their funds in the quarter, according to Simfund.  

The inaugural executive director of California’s state retirement savings program, Katie Selenski will consult on strategic projects for DCIIA and its retirement research center.

MassMutual and Nationwide announce buffered annuities; Touchstone launches ETF focused on securitized income. 

The state’s private sector retirement plan, slated to take effect in July 2024, hopes to say aloha to its first leader after posting the position online this week.

The adoption of state auto-IRA programs has proven to be a catalyst for more companies in those states to offer their own retirement savings accounts, researchers found.

The plaintiffs allege fiduciary breaches occurred in a leveraged buyout after the company founder’s death.

Interpretative Bulletin 95-1 could be in for an overhaul this year or next.

The list of industry groups calling for more time on Roth catch-ups is growing rapidly.

The financial wellness platforms aim to address the ‘soaring rates of financial stress among employees of color’ with this partnership.

The 2016 lawsuit accused Verizon of failing to monitor a hedge fund in its retirement plan TDFs.

The ERISA Advisory Council discussed emerging trends in the annuities market, as well as concerns expressed by sponsors and other shareholders.

The investment managers and recordkeepers are expanding their focus with outside hires and promotions.

Fiducient names Sabrina Bailey as CEO successor to co-founder Bob DiMeo.

DST Systems Inc. was accused of mismanaging its profit-sharing 401(k) plan and failing to diversify the plan’s assets, which resulted in large losses, according to the settlement.

The IRS notice also allows IRA beneficiaries to not take RMDs this year from accounts inherited in 2020 or later.