The firms allegedly provided a comprehensive set of pension plan termination services to a hospital system client that, according to plaintiffs, resulted in suboptimal outcomes for the employer...
A survey finds nearly three-quarters of Americans don’t know how much they pay in retirement plan fees, while the ‘401k Averages Book’ shows fees continue to come down.
Hearts & Wallets selects chief client officer; executive VP and global head Joins AIG; and Former Lincoln Group exec moves to Transamerica as new president and CEO.
The bills introduced in the state legislature would require companies with 10 or more employees that have been in business two years or longer that do not offer...
NTAM increases services for minority brokers; American Century Investments adds to target date lineup; Milliman Partners with Resources Investment Advisers to launch adviser managed accounts.
More guidance will be needed for single-employer and multiemployer defined benefit plans to use funding help provided in the $1.9 trillion coronavirus relief bill.
Until the publication of further guidance, the department says it will not enforce either final rule or pursue enforcement actions against any plan fiduciary for failure to comply.
There will always be unpredictable times, and just as participants are told to take a long-term view, so should plan sponsors when selecting and monitoring investments.
Research finds that moving the age for required minimum distributions has little effect on accumulated savings, but participant behavior may change if the goal is to leave assets...