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CalSTRS will move 20% of its public equity portfolio to a passive, low-carbon strategy.

MetLife Investment Management to acquire Affirmative Investment Management; Commonwealth hires deputy general counsel and chief privacy officer; Millennium Trust names chief marketing officer; and more.

The state seeks to extend retirement benefits to the almost 150,000 private sector workers who lack access through an employer.

A new bulletin addresses the ‘independence’ requirement for accountants who audit employee benefit plans under the Employee Retirement Income Security Act. 

The use of self-insured group health plans varies around the U.S.

Truist Wealth announces a robo-adviser solution called Truist Invest and Retirement Plan Advisors reveals new managed account partnership.

The mixed dismissal motion ruling, which sides mostly with the plaintiffs, agrees with the defense that certain data-sharing among providers was not inherently problematic.

State and local defined benefit pension funds support environmental, social and governance shareholder resolutions at higher rates than do general shareholders, Morningstar research shows.  

The stressed union pension plan will receive more than $28 million in special financial assistance, including interest to the expected date of payment to the plan. 

Alight Solutions offers tactics for plan sponsors to boost workers’ 401(k) deferrals following the president’s student loan forgiveness announcement.

The target of a new Employee Retirement Income Security Act case is a plan sponsor with more than 20,000 participants that ‘periodically’ reviewed the plan’s investment options to...

According to a Charles Schwab report, average balances across all self-directed brokerage accounts finished 19% lower than a year ago.

The traditional defined contribution roles for supporting plan sponsors are becoming increasingly shared in many areas, according to two asset managers.

CalSavers access was boosted for an estimated 750,000 workers, according to the state of California.   

Plaintiffs’ attorneys have filed an amended Employee Retirement Income Security Act complaint, adding two new claims. 

Rising interest rates and increased market volatility could drive plan sponsors to take a fresh look at incorporating annuities.

Mercer enhances global investments and retirement leadership; Calvert hires executive director of engagement; HUB names new chief compliance officer; and more.

Among U.S. parents, 52% say saving for retirement is their top financial goal, Nationwide data show.  

A sizable majority of savers say the pandemic has been ‘highly disruptive’ to the way they manage their finances.