Average asset allocation in equities rose to 70.2% during June, the highest level in 20 years, though the proportion of new contributions going to equities remained at 69.2%.
The plaintiffs say prudent practices followed before a merger of retirement plans were not followed after, and they claim that when the plan switched to cheaper share class...
Plaintiffs in a lawsuit against the financial firm wanted an appellate court to weigh in on whether a document mandating T. Rowe Price funds be offered in its...
While 89% of U.S. adults said they were at least somewhat confident in their understanding of the benefit, detailed findings from Nationwide show most aren’t as knowledgeable as...
With a higher percentage of full-time workers leaving their jobs, experts suggest plan sponsors and plan advisers educate employees about self-funded retirement programs.
The court also concluded that because Banner Health and its recordkeeper had no prior relationship and their service arrangement was not likely to cause harm, it is not...
Several bills circulating in Congress would streamline and promote S-corporation employee stock ownership plans. One expert says such ‘S-ESOPs’ benefit owners, workers and entire communities.
Ascensus acquires health and benefits TPA provider; Putnam Investments announces developments to GAA team; Virtus Investment Partners enters acquisition with Stone Harbor; and more.
The plaintiffs in a new fiduciary breach lawsuit say they have been misled by a financial adviser into buying commission-based life insurance products, rather than the retirement-focused investments...
The claims regulation referenced in a DOL information letter applies to both health and welfare plans and retirement plans, but the letter is fairly limited in scope, an...
Northern Trust announces latest digital document capture feature; Adaptive Investments partners with WealthShield to manage portfolios; and Equitable adds managed accounts and cash balance plan to solutions for...
Changes to public pensions following the Great Recession make them less than adequate for most employees now, and some of the best public plans are DC plans, a...