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After a year of partial payouts to pension participants, a local Sheet Metal Workers pension plan will receive $29 million in assistance from the PBGC.

The Mental Health Matters Act moves to the Senate after House passage, and would eliminate forced arbitration clauses, class action waivers, discretionary clauses, and representation waivers in ERISA-governed...

Lockton launches new people solutions practice; Groom Law Group expands health practice with new principal; Multnomah Group acquires Pacific Retirement Partners; and more.

The plaintiffs have alleged Mutual of America plan fiduciaries using a closed-architecture recordkeeping platform caused plan participants to pay excessive fees for recordkeeping and administrative services.  

A panel hosted by the National Institute on Retirement Security explained that all pension plans are at increased risk, especially plans for public employees, and discussed ways that...

The plaintiffs’ fiduciary breach claims were dismissed, with prejudice, in United States District Court for the Eastern district of Wisconsin

The Portability Services Network seeks help mitigate cash-out leakage and accelerate the nationwide adoption of auto-portability.

New research from the Pension Research Council shows job rates, marriage and home ownership down for early millennials.

Despite growth for total HSA assets reaching nearly $100 billon, invested assets are still stubbornly sluggish. 

Vernon and Shirley Hill will pay more than $2 million after claims the couple invested as much as 70% of a profit-sharing plan’s assets in the stock of...

The Retirement Savings Modernization Act would explicitly state that 401(k) plans can include investments in all asset classes, though this is not currently banned under existing law.

The plaintiffs received early approval for class settlement in a retirement plan lawsuit against the Carolinas Auto Club that alleged breach of fiduciary duty.

Plaintiffs had alleged that Home Depot did not monitor their retirement plan offerings closely, and that they charged participants excessive fees that damaged their retirement accounts.

A new Allianz Life Retirement study highlights that BIPOC workers less frequently access financial advice in 2022, while engagements for white workers are steady

The bill, which was passed by the Senate yesterday, will provide additional funding for Ukraine and disaster relief in the U.S., pending signature from the President.

Marsh McLennan names president and CEO; Lenox Advisors appoints SVP of finance and operations; Katten names former SEC senior counsel as partner; and more.

Himes tells the Investment Adviser Association of the bipartisan support for SECURE 2.0, and shares his views on sanctions.

The IRS is extending deadlines for amending plans for certain provisions of the CARES Act and the Taxpayer Certainty and Disaster Tax Relief Act. 

Former employees allege that retirement plan fiduciaries engaged in prohibited transactions and breached their fiduciary duty to participants.

The full Senate voted, 49-36, to confirm the new assistant secretary of labor for the Employee Benefits Security Administration.