Latest News

Mercer names Somers as investment director; new chief commercial officer at Alight Inc.; Voya selects leader for Midwest wealth solutions sales; and more.  

The EBSA seminar will focus on increasing awareness and understanding of basic fiduciary responsibilities when operating a small or medium-sized retirement plan. 

Following nine successive Federal Reserve interest rate hikes and inflation hitting a peak of 9.1% in June 2022, U.S. public pensions are ‘building for the long term.’

The CEO will stay at Great-West Lifeco with part of his focus on the firm's ongoing relationship with Franklin Templeton following the deal.

The ERISA Industry Committee implored the IRS to clarify how sponsors can implement new Roth features and student loan matches.

The three-year freeze on student loan payments ends August 29, and plan sponsors have an opportunity to help relieve employees’ financial stress by offering student loan benefits.  

Principal debuts registered index-linked annuity solution; Jackson enhances RILA suite; Prudential Advisors introduces fee-based annuities; and more.

Debt and lack of access to a pension plan can make it especially difficult for Black and Hispanic Americans to maintain steady income in retirement, researchers find. 

The lawsuit seeks to recover retirement plan losses due to alleged mismanagement of CoreLogic’s 401(k) retirement plan.  

The narratives of the two parties have consolidated around opposing views and how those views relate to fiduciary duties.

A bill to create a similar auto-IRA program in Pennsylvania is awaiting a Senate vote.

A federal judge in Michigan allowed the lawsuit against Magna International to go forward while denying one of the defendants’ motions for summary judgment

Employers in disparate principal businesses approach RFPs versus RFIs differently, as plan sponsors perform searches for employee benefit providers

President Joe Biden signed the bill into law on Saturday, suspending the debt ceiling until 2025.  

A class action complaint brought against American, Fidelity and Edelman Financial Engines targets ESG 401(k) investments.

The bill passed by a vote of 63 to 36 to avoid a June 5 default by the federal government.

The lawsuit plaintiffs are ESOP participants holding vested shares of Churchill stock in their accounts who were employed at Churchill Mortgage Corporation for several years.

NFP hires Perkins as SVP; Cochrane to lead Hub International non-profit specialty; OneDigital names Fong VP; and more.

As most retirees no longer rely on a pension for lifetime income, plan sponsors should be exploring benefits that will support this population of participants.

Plan sponsors who want to continue serving their retirees need to give them a reason to stay.