Latest News

Alger launches fund with ESG mandate; Security Benefit expands EliteDesigns variable annuity series; VERMEG adds new margin analytics capabilities with acquisition; and more.

The text includes an extensive number of related allegations against the plan’s adviser and sponsor, including allegations that suggest the plan sponsor and adviser made imprudent investment decisions...

The Department of Labor ordered the former trustee to restore $8.4 million and plan fiduciaries to restore nearly $1 million to the ESOP.

A penalty was assessed after a New York State Department of Financial Services investigation uncovered violations of state insurance law.  

A study found pension debt is sustainable in all but five states, and NCPERS says sustainability valuation can be used on local government and individual plans.

The Department of Labor’s supplemental statement is a tonal shift rather than a substantive change that reflects the continuing courtship for defined contribution plans and private equity investments.   

Mohawk Hospital Equipment will transfer $431,000 worth of stock to participants and pay a fine.

Research shows that replacing target-date fund equity allocations with private equity can boost retirement income adequacy for participants who have access to a plan and invest in a...

Employers can measure their total rewards and people practices against industry trends.

Mercer says delving into participant data and keeping up with new product offerings, legislation and regulations can help plan sponsors improve their retirement programs in 2022.

Dr. Shlomo Benartzi says the pandemic is a perfect time to use plan design features that tap into behavioral science.

Protecting funded status, addressing inflation, adding value and more—all should start with setting objectives.

Among other notable changes, the Form 5500 instructions have been amended to make clear that a pooled employer plan is a multiple employer plan that files a single...

LIMRA finds increased sales for workplace life, disability and supplemental health products, and that COVID-19 increased employees’ interest in accessing additional voluntary benefits.  

The firm says there is significant consumer interest in an in-plan investment option that guarantees lifetime income in retirement.

New research evaluates whether a higher default savings rate or a higher match has a greater impact on retirement savings outcomes.  

The more than $12 billion paid represents an increase of $2 billion over the total claim benefits drawn in 2018.

A new complaint claims that West Monroe ESOP participants who sold stock in the company did not receive fair market value from company distributions.

They are viewed as less risky than traditional DB plans, easier to manage, easier for employees to understand, and are more popular in certain industries than in others.