Though the order shows support for the plaintiffs’ arguments regarding their Constitutional standing to sue their employer for alleged retirement plan mismanagement, the plaintiffs have failed to convince...
A recent regulatory order filed by the Securities and Exchange Commission demonstrates some of the ways revenue sharing and disclosure failures can result in fiduciary breaches.
A sharp jump in the number of workers who decide to retire early does not bode well actuarially for DB plans, but experts say the pandemic-related exodus is...
Their top strategies are to educate employees about taking care of their health; offer high-quality, low-cost care options; and improve employee access to and cost of care.
The agency—which says the revisions are needed to implement provisions of the SECURE Act—has also published a notice of proposed changes to its implementation of regulations under Title...
Diversity, equity and inclusion efforts, as well as rising benefits costs, are causing some plan sponsors to reconsider their packages, says Willis Towers Watson.
The rest of the year could be promising for DB plans, depending on the Fed’s stance on interest rates and the effect of the infrastructure bill and the...
J.P. Morgan AM launches lifetime income solution; Allianz Life partners with iJoin and IPX to offer guaranteed income option; Janus Henderson launches five actively managed sustainable exchange-traded funds;...
The complaint says Corteva Inc.’s ‘sleight of hand’ when determining when to label employees that were part of a spinoff as ‘terminated’ allowed it to deny promised benefits.
The IRS says it is modifying the procedures for the 403(b) pre-approved plan program to be more similar to those under the Internal Revenue Code (IRC) Section 401(a)...