Fidelity’s Bitcoin Launch Plan Rebuked by DOL
The acting assistant secretary for the Employee Benefits Security Administration has ‘grave concerns’ about Fidelity’s bitcoin 401(k) offering.
Latest News
Asset Allocation Made the Difference for Corporate Pension Funding in 2021
Plans with higher equity and lower fixed income allotments outperformed.
New Limits for HSAs to Account for Inflation Growth
The limit for individuals with self-only coverage will increase by $200, and the limit for those with family coverage will increase by $450.
Retirement Industry People Moves
Congruent Solutions elevates North American chief operating officer; Edelman Financial Engines appoints chief financial officer; Verity Asset Management names director of participant engagement and ambassador for new business...
Retirement Confidence Remains High
One-third of workers who feel less confident cited inflation and the rising cost of living as reasons for less optimism.
Products |
Investment Product and Service Launches
Dimensional lists three new emerging markets equity ETFs; Allspring Global Investments selects SEI Trust Company to serve as successor trustee for CIT business.
Benefits |
PBGC Greenlights Over $300 Million For 3 Multiemployer Pensions
The Special Financial Assistance program funding will cover benefit payments for almost 2,000 participants.
Retirement Income Planning Is Misunderstood
Workers may need help in understanding how to develop viable plans for lifetime income.
The Growing Interest in Guaranteed Income Options
As employers begin to question the effectiveness of target-date funds as a retirement spending vehicle, interest in guaranteed lifetime income has grown.
ABCs of RFPs for PEPs
Questions to ask when selecting a pooled employer plan provider.
Benefits |
Plan Sponsor Considerations for Joining a Pooled Employer Plan
Plan design and provider services are some things employers that are considering moving to a PEP should examine.
More Companies Dive Into Pooled Employer Plans
Lower fees, reduced risk and less work are making PEPs increasingly popular among employers.
Emergency Savings Programs Boost Retirement Outcomes
A report from DCIIA and Commonwealth suggests that emergency savings should be placed in an account that is distinct from funds intended for long-term retirement savings.
Some New RMD Rules Creating Confusion for Participants and Beneficiaries
Retirement plan sponsors cannot give advice, but they’ll likely get questions about distributions from inherited accounts.
IRS Publishes Additional 403(b) Plan Document Guidance
An information package contains a listing of required modifications and sample language for nearly any provision a plan might include.
Retirement Industry People Moves
AIG names new chief investment, risk and underwriting officers; Verus adds two senior consultants in Chicago; LIMRA hires two industry executives to join research leadership team.
Xerox’s Motion to Dismiss ERISA Lawsuit Is Denied
The court order states that plaintiffs plausibly stated a claim for breach of fiduciary duty.
Finding Success in a Tight Labor Market
One study suggests business leaders must focus on increasing public-private collaborative training efforts and embrace competency-based hiring and promotion models based on skills rather than degrees.
Appellate Panel Sends Trader Joe’s ERISA Case Back to District Court
The court found that the plaintiffs plausibly alleged that 401(k) plan fiduciaries failed to control fees by offering retail share classes of investments in the plan.
USI Wins Dismissal of ERISA Lawsuit
The complaint was dismissed in its entirety for failure to state a claim.