Defendants List Narrowed on American Airlines ESG Lawsuit
Fidelity Institutional and Financial Engines Advisors, LLC were removed as defendants to the lawsuit, the court docket shows.
Latest News
Survey: Remote Work May Help with Employee Retention
The Conference Board finds that firms with remote work flexibility find it easier to keep their employees than those that don’t.
Nearly 90% of Jobseekers Consider 401(k) a ‘Must-Have’ Benefit
Workers have continued to prioritize 401(k) saving despite inflation and market volatility, data shows.
UnitedHealth Group Insurance TPA, UMR Sued by DOL
The Department of Labor’s complaint may indicate health care regulations are going the way of rules for retirement plans.
Retirement Savings Gap Widens Further Between High, Low-Income Employees
High-income households increasingly hold larger retirement account balances than lower income households and are more likely to reap tax perks associated with workplace plans, GAO research shows.
What’s in the Window?
The Department of Labor’s March 2022 attempt to regulate cryptocurrency investments has left numerous outstanding questions about its effect on brokerage windows.
How Plan Sponsors Make Sure Their QDIA Is Still the Best Option
Large plan sponsors explain what they look for in quarterly reviews of their plans' qualified default investment alternatives.
Serving Growth-Asset Needs of Older Participants, Retirees
Incorporating alternative assets into a defined contribution investment lineup is an opportunity to reflect older participants’ desire for growth, experts say.
Women Addressing Lifetime Income More Than Men
More women than men ages 61 to 65 are interested in securing guaranteed lifetime income sources, presenting an opportunity for retirement plan sponsors and advisers, research shows.
Northern Trust Promotes Bob Parise to Head of North America Institutional Unit
Parise had been the asset manager’s practice lead for public retirement funds and Taft-Hartley DC plan business.
Americans Show Lack of Knowledge, Uptake of Long-Term Care Insurance
The U.S. will soon have more 65-year-olds than ever before, but many are unprepared for long-term care costs, new data from Nationwide shows.
Former HR Head Sues Investment Manager Alleging Retirement Plan Breaches
The former director of human resources at alternatives specialist Weiss-Multi-Strategy Advisers has sued the company, adviser subsidiary and retirement plan trustee George A. Weiss.
Benefits |
S Corporation ESOPs Result in Lower Quit Rates
Plan sponsors whose workforce has access to Employee Stock Ownership Plans may accrue benefits of reduced worker turnover, research shows.
Senate, House Far Apart on DOL Budget
The two appropriation bills are about $4 billion apart in terms of discretionary funding for the department.
Vestwell Acquires Student Loan Benefits Firm Gradifi from Morgan Stanley
The move adds student loan related tools such as employee payment management and debt refinancing to the digital 401(k) providers platform.
Voya Financial Launches 403(b) PEP
Beginning August 1, Voya will bring what it is calling the very first pooled employer plan to employees of large nonprofits and other 501(c)(3) tax-qualified entities across the...
Retirement Industry People Moves
Ascensus names retirement sales regional VPs; Plan Sponsor University brings on Kelleher as consultant; AdvicePay names Suaickie CEO as Moore shifts to board; and more.
Bipartisan Auto Reenroll Act of 2023 Introduced in Senate
The proposed bill clarifies the ability of employers to automatically reenroll workers who had previously opted out of contributing to a 401(k) after three years.
Aon Promotes Kristin Kraeger to CEO of Professional Services
Aon appointed a new CEO of the professional services practice for North America division.
Products |
Investment Product and Service Launches
Schwab Retirement partners with Newport, Conduent to expand DB, NQDC offerings; Franklin Templeton adds fixed-income ETF; PGIM launches new ETFs; and more.