Senator Ben Cardin Will Not Seek Re-Election in 2024
Maryland’s Cardin was one of the key architects of and proponents of retirement reform on the Hill, including and especially SECURE 2.0 legislation.
Latest News
Pensionmark Hires Curley to Oversee Compliance
A former RIA founder, Curley will manage global financial services strategy.
What Do Plan Sponsors Focus on When Doing an RFP?
Plan sponsors completing a request for proposal want a provider to stand out by addressing the company’s benefit needs through technology and education.
How Technology Has Transformed the RFP Process
When searching for a new recordkeeper or adviser, plan sponsors can take advantage of new technology tools to help streamline the RFP process and avoid the administrative headache.
What This Year’s RFPs Will Look Like
New technology, new priorities and traditional cultural connections should all be in focus as plan sponsors manage request for proposals processes.
Benefits |
USI Consulting Brings on DB Pension Exit Experts
The retirement consultancy brings on actuarial expertise with acquisition of Hooker & Holcombe.
Benefits |
ERISA Lawsuit Against Kellogg Dismissed
The retirement plan lawsuit, originally filed in 2020, alleged fiduciary breaches committed by the ERISA finance and administrative plan committee.
Retirement Industry People Moves
Marathon Asset Management adds Boyle as managing director; Fiduciary Trust announces Queler as head of wealth management; and more.
ERISA Lawsuit Against NJ Transit Authority Dismissed
The 3rd Circuit Court of Appeals upheld a District Court ruling that government plans are not covered by ERISA.
Bakery Driver, Newspaper Guild Plans Receive SFA Funds
The PBGC provided SFA assets to two soon-to-be-insolvent pensions, one from New Jersey and one in Pennsylvania.
Federal Judge Dismisses Complaint Against HR Company TriNet
The 2020 ERISA retirement lawsuit alleged fiduciary breaches committed by the retirement plan committee.
Benefits |
State Retirement Plan Proposed in Nevada for Third Consecutive Session
Bill introduced in Nevada Senate includes auto enrollment but faces long road ahead after similar bills died in committee in 2019 and 2021.
Inflation, Depleted Savings Dent Workers’ Confidence as Financial Literacy Remains Low
Many American workers lack an understanding of their retirement plan investing options and do not use plan providers as an information resource, new data from EBRI and TIAA...
Republican Debt Ceiling Proposal Would Cut Means-Tested Programs, Student Loan Forgiveness
The proposal passed the House Wednesday and would slash spending on green energy and anti-poverty programs in exchange for lifting the debt ceiling.
Products |
Investment Product and Service Launches
Nationwide adds in-plan guarantee for managed accounts; Alto announces capital-raising platform to tap IRA Funds; and more.
Oilfield Services Company Baker Hughes Faces ERISA Lawsuit
A class action complaint filed in Texas alleges fiduciary breaches by the company’s 401(k) plan.
A Plan Design to Drive Retirement Savings Equity
Plan sponsors can use this plan design to support African American and Latino retirement plan participants to save more for retirement.
Benefits |
October Three’s New Plan Design Includes Guaranteed Lifetime Income
The consulting firm announced the launch of its new retirement solution, O3 Prime, which offers a 401(k) account in tandem with a cash balance pension plan.
DCIIA Delivers Guide to Plan Service Providers
The April report outlined the differences, in action and duty, between ERISA fiduciaries.
Julie Su’s Nomination to Head DOL Advances From Committee
Su's confirmation as Secretary of Labor faces a close Senate vote.