Latest News

The proposed class action brought by Twitter’s former head of people experience alleges Elon Musk and X Corp. violated ERISA fiduciary obligations.

The new rules are designed to increase MMF liquidity and protect investors from runs on the funds, starting in 2024.

An insurance advocacy group follows up 2023 legislative plans with a push for policies that increase the use of retirement income products and CIT investment vehicles. 

The funded status reached its highest level since before the Great Recession of 2007 to 2009, according to one analyst firm.

The seminar will take place in Buffalo, New York, and aims to educate plan sponsors about basic fiduciary responsibilities.

The suit, filed in Massachusetts federal court, alleges retirement plan fiduciaries caused participants to pay excessive fees to plan recordkeeper Fidelity Investments.  

Four industry leaders were added to Principal Financial Group's retirement division.

The final rule clarifies lump sum payments, de minimis amounts and payments to estates.

The FAQ also strengthens the health care cost protections of the No Surprises Act.

Principal Financial Group announced it has joined the Portability Services Network, and Millennium Trust has begun testing its own open portability network.

Concrete producer Di Ferraro Inc. failed to remit employee withholdings and loan repayments to the plan over six years, the Department of Labor alleges.

The proposed class of participants in Washington University in St. Louis retirement plans was rejected by the same judge who initially approved it in 2020.

The proposal would limit to four months use of short-term plans that Trump officials had allowed to be used for one year.

A Minnesota HVAC company is alleged by the Department of Labor to have misappropriated the retirement contributions of its’ employees, according to the lawsuit.   

Segal appoints Tauzer to senior VP; Cerulli promotes O’Brien to director; Newton announces Brain as deputy CIO.

As many in the generation worry they cannot rely on Social Security or a pension for lifetime income, Gen Xers fear their savings will be insufficient in retirement,...

MSES Consultants Inc. failed to fund its health plan for much of 2016, leaving participants and beneficiaries on the hook for health care costs. 

Observers expect consolidation as market matures and some slowing due to IRS clarification that expanded the scope of PEPs requiring audits.

Workers with student loan debt may start to feel a pinch when payments resume in October. Plan sponsors have an opportunity to ‘show up’ and help them cope. 

BlackRock Debuts First Buffer ETFs; SMArtX Adds 15 Investment Strategies; Fidelity Refiles Spot Bitcoin ETF Application.