Retirement security organizations, a nonprofit and the U.S. Chamber of Commerce have submitted comment letters on the discussion draft, which was released last month.
Plaintiffs say their employer is knowingly using outdated mortality tables and inflated interest rate assumptions that undervalue certain annuity benefits relative to the pension plan’s standard option.
A retirement plan provider that championed cryptocurrency for 401(k) plans has brought a lawsuit against the Department of Labor for dismissing cryptocurrency as a reasonable investment for retirement...
The named defendants in the suit are the DENSO International America company alongside its board of directors and various committees and professionals involved in operating the company’s 401(k)...
Cohen & Steers appoints DCIO specialist for Northeast U.S. territory; abrdn further expands institutional team; Manulife Investment Management names new global head of retirement; and more.