Draft regulations outline how parents and guardians can open tax-advantaged investment accounts for children and access a government-funded pilot contribution program.
While 63% of women surveyed reported feeling financially secure, fewer than half reported being confident about their financial plans for retirement—down from the 2023 edition of Allianz's research.
As lawsuits mount and regulations evolve, experts urge plan sponsors to focus less on predicting markets and more on documenting disciplined decisionmaking.
ERISA experts caution that while delegating duties to outside providers can add expertise and help with the workload, plan sponsors still have a duty to monitor.
Kevin Murphy joins Broadridge as retirement solutions VP; Star Mountain Capital hires former Alaska Permanent Fund CEO; Dorsey & Whitney hires new health care litigation attorney; and more.