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Most of an adviser’s assets under management are controlled by clients who are dealing with either cognitive decline or chronic illness, the Retirement Income Institute reported.

A new Goldman Sachs Asset Management survey and report revealed 42% of workers across generational cohorts say they are living paycheck-to-paycheck.

A similar case, also involving annuity provider Athene Annuity and Life Co., was dismissed earlier this week by the same judicial district. 

The Portability Services Network enables small balance 401(k) rollovers for six recordkeepers comprising 63% of the market.

Due to a ‘normalized’ yield curve and strong investment performance, plan sponsors can consider de-risking or using surpluses for other benefits.

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;...