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In comment letters submitted to the Department of Labor, concerns expressed ranged from QDIAs to permitted withdrawals.

Workers from Generation Z say the cohort experiences higher financial stress than other generations, affecting their job performance, according to a Charles Schwab study.

Experts review the road map for current and upcoming dates of the retirement legislation.

Using data on participants’ attitudes about saving and investing can help plan sponsors create more tailored benefits, according to panelists.

A higher percentage of women are saving for retirement than four years ago, and women are staying the course when there is market volatility, new data shows.

The proposal would limit the availability of educational and retirement readiness tools for participants, commenters say.

The settlement is considered the ‘largest ever’ in a lawsuit alleging mismanagement of a retirement plan’s in-house funds, according to court filings.

Plan fiduciaries were accused of fiduciary breaches for using plan forfeitures to offset future employer contributions, but ERISA experts would be surprised if this longstanding and widespread practice...

Equity losses for the month were offset by the largest single-monthly decline in liability value this year.

Lawyers for the plaintiff, a third-party administrator, alleged identical claims against each defendant.

Haase joins small business retirement plan provider; Vestwell hires Farmakis; PGIM appoints Carlino to newly created role; and more  

From incorporating an in-plan emergency savings vehicle to facilitating auto-portability, employers can take actionable steps to help disadvantaged workers save for retirement, Alight advises. 

The bank’s attorneys tout a positive response from the DOL on the program designed to promote diverse asset managers in Citi’s benefits plans.

Attorneys for the Colgate-Palmolive Employee Relations Committee seek to end the plan sponsor’s involvement in a lawsuit alleging fraudsters stole a participant’s retirement plan assets.

Credit card debt and mortgage debt have become increasingly more common among Americans older than 65, according to the Center for Retirement Research.

Ascensus announces launch of American Funds PEP solution; Allspring Global Investments introduces custom SMA portal; Capital Group unveils adviser benchmark service; and more.

Demand for collective investment trusts is growing across retirement plan market segments, according to a survey of defined contribution investment-only asset managers.   

A report from Matrix Global Advisors found that ESOPs need clear rules on valuation, which SECURE 2.0 requires the DOL to provide.

The majority of plan sponsors with the goal of mitigating pension plan risks are looking to fully divest their company’s pension liabilities, according to MetLife. 

Low-income workers can delay retirement, liquidate home equity and utilize a workplace retirement plan to improve their retirement readiness, new Vanguard data reveals.