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The DOL confirmed reports that Walsh will depart in mid-March; deputy secretary Julie Su will serve as acting secretary.

The industry veteran to fill the role was hired from Prudential  

An ERISA complaint against the Conagra pension plan claims the fiduciary and plan administrator are ignoring distribution rules laid out in a missing document from 1980s.

Industry groups, including ERIC, SPARK and ICI, argue that a proposed mutual fund pricing rule popular in the EU would ultimately hurt retirement savers in the US.

A new Department of Labor lawsuit targeted a telemarketing company that closed without processing workers’ retirement claims.

The U.S. District Court in New Hampshire has scheduled a pretrial conference for next month. 

A U.S. District Court ruled against Department of Labor interpretation that made rollover recommendations count as fiduciary advice.

Target-date funds invested passively extended an asset winning streak over their active-suite counterparts, new research found.

Funding levels improved most for pension funds that have significant weighting towards equities, said Agilis.

Growing recordkeeper clearinghouse will help participants with balances of $5,000 or less move accounts when they change jobs. 

Confidence among pre-retirees that they will receive enough income from all their accumulated retirement sources to cover basic living expenses throughout retirement has dropped in four of the...

The Department of Labor extended to mid-April the deadline for public comments on amendments to the Voluntary Fiduciary Correction Program to reflect the impact of the SECURE Act...

The defined contribution investment provider says the new offering is to meet growing demand from plan sponsors and participants.

Voya promotes Hayes to government markets and wealth solutions efforts; Epic Retirement promotes Corona to director of sales and strategic partnerships; Empower names new general counsel; and more.

Kentucky, Maine, Colorado and Nevada will have to update their escheatment laws or take the risk of unjustly taking over some residents’ IRAs. 

Recordkeeper PAi will run a PEP backed by Morningstar’s ESG overlay, with the firms citing the recent DOL ruling that allows for ESG consideration in retirement plans.

First Trust launches alternative investment ETF; Nassau launches annuity with bonus of up to 10%; Voyant offers retirement plan training for financial advisers; and more.

In Q4 2022 the number of tax-preferred education savings and prepaid accounts rose to more than 16 million.

Microsoft has been spared one of a string of lawsuits against plan sponsors over putting retirement savers in a BlackRock target-date fund suit.

The research also shows that LGBTQ workers in higher income levels feel they have diminished access to workplace benefits.