Latest News

The plaintiffs received early approval for class settlement in a retirement plan lawsuit against the Carolinas Auto Club that alleged breach of fiduciary duty.

Plaintiffs had alleged that Home Depot did not monitor their retirement plan offerings closely, and that they charged participants excessive fees that damaged their retirement accounts.

A new Allianz Life Retirement study highlights that BIPOC workers less frequently access financial advice in 2022, while engagements for white workers are steady

The bill, which was passed by the Senate yesterday, will provide additional funding for Ukraine and disaster relief in the U.S., pending signature from the President.

Marsh McLennan names president and CEO; Lenox Advisors appoints SVP of finance and operations; Katten names former SEC senior counsel as partner; and more.

Himes tells the Investment Adviser Association of the bipartisan support for SECURE 2.0, and shares his views on sanctions.

The IRS is extending deadlines for amending plans for certain provisions of the CARES Act and the Taxpayer Certainty and Disaster Tax Relief Act. 

Former employees allege that retirement plan fiduciaries engaged in prohibited transactions and breached their fiduciary duty to participants.

The full Senate voted, 49-36, to confirm the new assistant secretary of labor for the Employee Benefits Security Administration.

AllianzIM announces new ticker symbols for eight buffered outcome ETFs; ARK Investment Management launches the ARK Venture Fund; Putnam Investments to launch two active ETFs; and more.

For employers, the recent upward trend in delayed retirement is causing complications, according to a new report from Nationwide Retirement Institute.  

A new report says recession fears are likely driving interest in lifetime income options for workers.

The Department of Labor would be able to sustain services deemed essential, as well as those that receive forms of funding other than annual Congressional appropriations.

The research demonstrates that public-sector workers tend to feel safer spending more when they have a defined benefit retirement plan as their primary retirement account.

As plan sponsors look to evaluate their relationship with their financial advisers, experts say it is critical that advisers understand more than just retirement.

A new Bank of America report reveals a recent downward trend in employees’ retirement confidence and financial wellness.

A judge dismisses a suit against utility company Exelon, but leaves the door open for future proceedings.

As plan sponsors near the deadline for changing how they calculate PBGC premiums, some are considering a change in light of market moves.

The service from Transamerica, Smart, and Finhabits is meant to be an affordable alternative to state-mandated retirement plans.

An advisory group on preventing senior scams was highlighted in a Senate hearing Thursday that discussed the broader issue of fraud directed at seniors.