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Salas O’Brien has plotted changes to compensation and workplace benefits, with Lucas Hellmer as the new director of benefits and compensation.

Workers should log-in to their recordkeeper’s website periodically to check online retirement accounts, the Department of Labor's Lisa Gomez advises. 

By implementing automatic features, using targeted communications and speaking to participants on a personal level, plan sponsors will be more successful in driving engagement, according to experts.

There is some good news for the financial wellness of debtors too.

Plan sponsors and their retirement industry providers can take steps toward facilitating greater coordination and use of systematic withdrawals by plan participants.

Users may not be able to rely on artificial intelligence for financial advice yet, but technological developments are already making plan sponsors more efficient.

The court’s conservative majority rejected President Biden’s plan to cancel up to $20,000 in student loan debt for eligible borrowers. 

T. Rowe Price names new head of global distribution; Bank of America announces Korkow president of Omaha; Northern Trust appoints Calcagno as senior wealth strategist; and more.

Speakers advise plan sponsors on what to consider when looking to terminate their defined benefit plans and offering lump sums to participants.  

Three smaller plans also received SFA assistance.

Regulators warn sponsors offering these plans should make sure they are not essentially compensating an employee for non-medical expenses.

A jury decided almost entirely in the university’s favor in the nearly seven-year lawsuit.

FundFront introduces white label alternative investment platform; Wealth.com unveils AI legal assistant; Schwab to launch the Schwab High Yield Bond ETF. 

The Fidelity small cap enhanced index fund was included in nearly 100 defined contribution plans, according to Form 5500 filings.   

Republicans focus on the environmental aspect of ESG in a recently published report on Republican policy goals concerning investor activism.

Employers are reluctant to incorporate annuities in-plan because they don’t feel the best options have come to market yet.

In response to SECURE 2.0 permitting more flexibility for multiple and pooled employer plans, Vestwell is expanding its offerings for 401(k) plans. 

Find out about what you missed.

Experts note the importance of participant education and reviewing insurance held by vendors.