Today’s Employees Expect Retirement Plan Benefit in ‘New Savings Paradigm’
A new Vestwell research report details emerging retirement trends for employers and workers.
Latest News
Plans Use Digital Nudges to Move Plan Participants Toward Retirement Goals
Duke University's Dan Ariely finds that loss aversion can be used to help participants reframe savings.
Personalized Communications Key to Companies’ Attempts to Educate on Participants on Wider Range of Benefits
Plan sponsors are tailoring strategies to help employees get what they need from financial wellness offerings.
Employers Find Persistence, Relevance Help Them Connect With Workers
Plan sponsors must message to more workers, on additional channels, in greater detail than ever before when trying to share benefit information.
SEC Issues Risk Alert on Broker/Dealer Conflicts of Interest
The SEC is sending a stern reminder to broker/dealers to better follow new Regulation Best Interest standard, intended to mitigate conflicts of interest when recommending securities.
1 New York, 2 Michigan Pension Plans Receive PBGC Assistance
The three supplemental SFA packages provide a total of more than $200 million.
New Chief Retirement Strategist Named at JPMAM
JPMorgan Asset Management named a former head of education savings to the post.
25 States Bring Suit Against ESG Regulation
The DOL’s new rule on ESG, which takes effect today, is being challenged by a range of actors in a lawsuit filed last week.
What Can Annuities Gain From Secure 2.0 Act?
The law offers some minor changes, but some sections do result in increased availability and flexibility for annuities.
New DOL Rule on ESG Investing in Retirement Plans Draws Republican-Led Legal Challenge
The rule is scheduled to take effect on Monday, but 25 state attorneys general and three fossil fuel advocates are seeking an injunction to block it.
Retirement Industry People Moves
SageView adds to plan sponsor relationships team; MissionSquare Retirement hires head of consultant relations; Vestwell names regional VP for Midwestern states; and more.
Ironworker and Plasterer Pension Funds Receive SFA Assistance From PBGC
The two construction pension plans will receive more than $70 million in combined funds.
Products |
Investment Product and Service Launches
Putnam launches ETFs series; Broadridge releases ESG disclosure, data and benchmarking tool; Lincoln adds digitally available life insurance product; and more.
Armour to Step Down as Capital Group CEO, Gitlin to Take Job in October
Capital Group, which runs American Funds, made the announcement amid what the company called long-planned leadership changes.
Asset-Diversified TDFs Produce Better Retirement Results When Exposed to Alts
Retirement research highlights increased investment returns for workers in defined contribution plans through diversification, including alternative assets.
SECURE 2.0 Accidentally Dropped Catch-Ups, But Industry is On the Case
Legislators seem to have dropped a section from the final version of SECURE 2.0 that nullifies catch-up contributions in retirement plans, but an industry advocate has already called...
Benefits |
Delta Pilots Emergency Savings Program
The airline has partnered with Fidelity Investments to run a program in which enrolled workers can earn up to $1,000 to seed an emergency savings account.
MFS Investment Management Hires SECURE 2.0 Expert as Retirement Strategist
Industry research veteran Jeri Savage, previously at Goldman Sachs, joins to lead defined contribution plan efforts.
Fluor ERISA Lawsuit Dismissed
District Judge allowed one plaintiff 28 days to submit an amended complaint.
TIAA Class Action Reversal May Impose Significant Procedural Hurdle for Future Cases
The 2nd Circuit Court of Appeals’ reversal of class certification will likely make it more difficult for ERISA class action lawsuits.