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Principal Financial Group announced it has joined the Portability Services Network, and Millennium Trust has begun testing its own open portability network.

Concrete producer Di Ferraro Inc. failed to remit employee withholdings and loan repayments to the plan over six years, the Department of Labor alleges.

The proposed class of participants in Washington University in St. Louis retirement plans was rejected by the same judge who initially approved it in 2020.

The proposal would limit to four months use of short-term plans that Trump officials had allowed to be used for one year.

A Minnesota HVAC company is alleged by the Department of Labor to have misappropriated the retirement contributions of its’ employees, according to the lawsuit.   

Segal appoints Tauzer to senior VP; Cerulli promotes O’Brien to director; Newton announces Brain as deputy CIO.

As many in the generation worry they cannot rely on Social Security or a pension for lifetime income, Gen Xers fear their savings will be insufficient in retirement,...

MSES Consultants Inc. failed to fund its health plan for much of 2016, leaving participants and beneficiaries on the hook for health care costs. 

Observers expect consolidation as market matures and some slowing due to IRS clarification that expanded the scope of PEPs requiring audits.

Workers with student loan debt may start to feel a pinch when payments resume in October. Plan sponsors have an opportunity to ‘show up’ and help them cope. 

BlackRock Debuts First Buffer ETFs; SMArtX Adds 15 Investment Strategies; Fidelity Refiles Spot Bitcoin ETF Application.

Salas O’Brien has plotted changes to compensation and workplace benefits, with Lucas Hellmer as the new director of benefits and compensation.

Workers should log-in to their recordkeeper’s website periodically to check online retirement accounts, the Department of Labor's Lisa Gomez advises. 

By implementing automatic features, using targeted communications and speaking to participants on a personal level, plan sponsors will be more successful in driving engagement, according to experts.

There is some good news for the financial wellness of debtors too.

Plan sponsors and their retirement industry providers can take steps toward facilitating greater coordination and use of systematic withdrawals by plan participants.

Users may not be able to rely on artificial intelligence for financial advice yet, but technological developments are already making plan sponsors more efficient.

The court’s conservative majority rejected President Biden’s plan to cancel up to $20,000 in student loan debt for eligible borrowers. 

T. Rowe Price names new head of global distribution; Bank of America announces Korkow president of Omaha; Northern Trust appoints Calcagno as senior wealth strategist; and more.