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Its 2021 year in review report says the state-run retirement program has a steady 70% participation rate, and 95% of savers opted into an automatic contribution increase.

In court filings last week, fiduciaries of retirement plans at PPL Corp. and Mass Brigham General were accused of failing to ensure fees were reasonable.

Recordkeepers are bolstering education, projection modeling tools and tailored advice capabilities to support plan participants and encourage them to remain on track for retirement income planning.

Mercer appoints U.S. defined contribution leader; PBGC-focused law firm joins The Wagner Law Group; Schroders names North America head of sustainability; and more.

A lawsuit alleges that the poor performance of a suite of target-risk funds resulted in a nearly $250 million loss to participant accounts.

Lisa Gomez, the candidate to serve as the DOL’s assistant secretary for the Employee Benefits Security Administration, will now face a vote in the full Senate.

Plan sponsors are presented with an opportunity to help women who are feeling off course from their financial and retirement goals get back on track. 

Legislative changes that aimed to increase retirement assets for moderate- and low-income individuals have disproportionally benefited high-income earners, a law professor argues in a recent academic paper. 

Vanguard expands Target Retirement lineup for youngest investors; LGIM America launches five mutual funds; State Street Global Advisors enhances ESG portfolio construction; and more.

The lawsuit, like many others filed by plaintiffs represented by the law firm Capozzi Adler, also suggests the plan sponsor has failed to use the lowest-cost share classes...

A significant number of college-educated Millennials feel student debt has affected their ability to save for retirement and to buy a home.

New research by the National Institute on Retirement Security reaffirms earlier findings on the greater cost savings and efficiencies provided by pensions as compared to defined contribution plans.

The firm has agreed to pay $7 million and offer a brokerage window providing participants with access to nonproprietary funds.

The defendants in a lawsuit against Bronson Healthcare will pay $3 million to settle charges of ERISA violations.

In considering the plaintiffs’ various claims, the ruling sides firmly with the defense on all but one allegation.

Two-thirds of employees surveyed said having access to a financial wellness program would make them more likely to stay with an employer.

Experts predict another good year in 2022.

A panel of retirement researchers examined participant behaviors that can assist with or deter workers from achieving optimal savings outcomes.