Regulators say the firm failed to adequately disclose conflicts of interest to thousands of participants in TIAA recordkept employer-sponsored retirement plans.
The Pension Research Council recommends that pension plan sponsors develop processes to identify, measure and manage environmental, social and governance-related downside risks.
A judge previously dismissed claims related to excessive recordkeeping fees but let stand a claim related to providing ‘false and misleading’ participant fee disclosures.
The memorandum in support of the settlement agreement says the plaintiffs in the case want to avoid the risk that the defendants will prevail and the cost of...
A man who worked for Yum! Brands for 25 years says he was denied retirement and other benefits because the company classified him as an independent contractor.
A TDF with a moderate equity allocation at retirement and an inflation-protected bond portfolio that uses LDI principles mitigates the various risks participants face in retirement.
Brokerage windows are useful tools to meet specific participants’ investing needs and the DOL should make it easier, not harder, for plan sponsors to offer them, commenters told...
PBGC has issued an interim final rule addressing assistance requirements, and the IRS has released a notice for plan sponsors that are required to reinstate certain previously suspended...
The judge in the fiduciary breach lawsuit has approved a joint motion to stay the proceedings while the parties engaged in mediation towards a potential settlement.
Principal announces new chief information officer of retirement and income solutions, BPAS acquires retirement plan services provider, Groom Law Group announces new principal; and more.
Consultants and asset managers say time will tell whether changes in the economy will boost corporate pensions’ funded status for the rest of the year.
The relationship provides access to Edelman Financial Engines’ financial planners, as well as a broad array of financial education tools and online advice.