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The move comes under the leadership of new president Joel Shapiro, who was appointed last month.  

Aptus Capital Advisors Launches New Enhanced Yield ETF; MetLife and Lyra Health Expand Workplace Mental Health Access; Alight Expands Global Employee Benefits Solution.

Plan sponsors have driven plan participation in the last 15 years to a record high in 2022, Vanguard reports.  

The Arborwell Inc. employee stock ownership program began in 2017, but the plaintiffs allege the ESOP’s 2020 sale to CI Quercus was for less than market value.

For low-income households, having at least $1,000 in emergency savings can prevent them taking hardship withdrawals from their retirement savings, according to new BlackRock research. 

A federal judge dismissed all counts in the suit brought by a former 401(k) plan participant, but the plaintiff may submit a second amended complaint by June 27.

More than 25% of U.S. households think they are on track to maintain their standard of living in retirement, but many are at risk of falling short, according...

TIAA promoted internally to a new position, reporting to the head of consultant relations, according to a June 13 memo.   

A drop in liabilities outweighed poor asset performance in May, causing funded status to modestly increase, according to firms’ analysis.

Current liquidity rules make it difficult to use an annuity as a QDIA, but new legislation would make it easier to use certain annuities as QDIAs.

Health care regulation enacted in 2021 is coming to the fore, as deadlines loom and litigation appears to be ramping up.

The class action proposal seeks to recover retirement plan losses allegedly caused by fiduciary breaches leading to ‘unreasonable’ fees.

The lack of access for private sector workers to a retirement savings plan is likely to cost the federal government more than $1 trillion, study finds.    

Mercer names Somers as investment director; new chief commercial officer at Alight Inc.; Voya selects leader for Midwest wealth solutions sales; and more.  

The EBSA seminar will focus on increasing awareness and understanding of basic fiduciary responsibilities when operating a small or medium-sized retirement plan. 

Following nine successive Federal Reserve interest rate hikes and inflation hitting a peak of 9.1% in June 2022, U.S. public pensions are ‘building for the long term.’

The CEO will stay at Great-West Lifeco with part of his focus on the firm's ongoing relationship with Franklin Templeton following the deal.

The ERISA Industry Committee implored the IRS to clarify how sponsors can implement new Roth features and student loan matches.

The three-year freeze on student loan payments ends August 29, and plan sponsors have an opportunity to help relieve employees’ financial stress by offering student loan benefits.  

Principal debuts registered index-linked annuity solution; Jackson enhances RILA suite; Prudential Advisors introduces fee-based annuities; and more.