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A study finds most people do not engage with Social Security’s online portal to factor in the amount of retirement income Social Security will provide until they reach...

The provision of targeted benefits for caregivers creates employee loyalty and good will, while helping to reduce stress and increase productivity.

Aura’s solution to safeguard employees’ digital identities has been added to MetLife’s group benefits platform.

With the integration completed, Principal Custody Solutions now serves nearly 3,000 institutional clients representing more than $1 trillion in assets.

Alerus names new senior retirement specialist; WTW appoints global head of credit, manager research; and NFP acquires AFS Advisors.

New product aims to expand accessibility for employers to provide retirement planning services

Despite progress by many pensions plan sponsors to reduce premiums through adopting best practices, several chronic over-payers persist.

The complaint says the company used a revenue-sharing model that harmed particpants by charging excessive fees for a plan of its size.

The settlement also includes ‘meaningful non-monetary relief’ related to the ongoing management and administration of the company’s defined contribution plan.

One study finds few participants are likely to annuitize their retirement savings, while another suggests those who take a withdrawal deplete their funds in an average of five...

Along with launching its new Student Loan Management solution, the firm will give customers the opportunity to offer a college savings plan in the future.

Employers should provide financial wellness programs that continuously engage employees, as employee stress has increased, especially among younger generations dealing with student loan debt.

The bill would encourage plan sponsors to re-enroll nonparticipants at least once every three years.

However, it concluded that the costs outweigh the benefits of additional regulations, except in the case of ‘brokerage window only’ plans.

Robust financial wellness programming can distinguish an employer, serve as a retention tool, provide a competitive edge, and lower labor costs by bolstering employees’ retirement readiness.

In addition to naming the company as a defendant, the lawsuit also targets members of the board of directors, as well as other officers of the firm.