Could There Be a Renewed Interest in DB Plans?
There are plan designs that decrease the risk and volatility for plan sponsors, and defined benefit plans offer the guaranteed lifetime income participants desire.
Latest News
The Pandemic Hasn’t Affected Retirement Savings Overall
Some Americans report having difficulty saving for retirement during the pandemic, but researchers found 401(k) contributions remained steady and mass withdrawals did not occur.
Evaluating ‘To’ vs. ‘Through’ Glide Paths
The goal for account balances and participants’ distribution behavior at retirement can help plan sponsors determine which glide path is right.
Benefits |
Employers Begin to See Long-Term Value of Stock Options
Equity compensation has not traditionally been used for retirement savings, but there are ways to incorporate it into employees’ long-term financial plans.
No Entitlement to Summary Judgment in Lowe’s ERISA Case
There are so many arguments back and forth in a case alleging imprudence in investment choices for Lowe’s 401(k) plan that a judge said no one is entitled...
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BPAS ‘Solutions Squad’ to Help on Technical Matters
It can also provide resources to help in working with legal counsel, accounting firms and regulators.
Retirement Industry People Moves
TRA acquires R. Bruce Tanner & Associates; Leech Tishman adds veteran employee benefits attorney; and director and consulting actuary joins R&M.
T. Rowe Price ERISA Self-Dealing Lawsuit Will Go to Trial
Though he expressed doubt about plaintiffs’ path to victory in the lawsuit, a federal judge determined they met the minimum requirements to avoid summary judgment in favor of...
Washington Watchers See Good Prospects for Further Retirement Reforms
Among the potential retirement policy solutions that could become law in 2021 is a provision to allow 403(b) plans to access collective investment trusts, which can be beneficial...
Appellate Court Opens Door for New Complaint Against Georgetown
The appellate court found a lower court erred in denying the plaintiffs’ leave to amend their complaint, meaning the case over excessive fees in the university’s retirement plans...
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Investment Product and Service Launches
Northern Trust enters alliance with IHS Market; Broadridge Financial Solutions and Third Economy create ESG advisory service; and Northern Trust grabs equity stake in EDS.
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Transamerica Partners With Notarize on Online Notary Services
Their offering will enable participants to notarize important retirement plan documents without leaving their home.
A Review of QDIA Regulations
Introduced as part of the Pension Protection Act of 2006, plan sponsors must follow certain rules to get the fiduciary protection that comes from offering qualified default investment...
Detailed Ruling Leaves Key Claims Standing in Land O’Lakes Suit
The mixed ruling comes in response to the Land O’Lakes defendants’ motion to dismiss the suit based on a lack of subject matter jurisdiction and failure to state...
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Equitable Launches Open Architecture Platform for ERISA and Non-ERISA Plans
It also include 3(21), 3(38) and 3(16) fiduciary support for plan sponsors
Abbott Defendants Again Escape ERISA Cybersecurity Lawsuit
The court rejected claims in the amended complaint that Abbott’s decision to hire Alight Solutions, another defendant in the case, was a breach of the fiduciary duties of...
Benefits |
Wage Hike Meets Support and Opposition From Employers
Opponents say small business could suffer and cut benefits, such as employer contributions to retirement plans, as a result of a $15 minimum wage.
Portfolio Investment Mix Made a Difference in January DB Plan Funded Status
Companies that measure defined benefit plan funded status also point out that legislation has been introduced that would provide more relief for plan sponsors.
Black Americans Report Changing Financial Habits Due to COVID-19
The racial wealth gap underscores a need for financial education and access to advice—something retirement plan sponsors can provide.
Benefits |
Retirement Benefits Moving Beyond Just a Retirement Plan
Holistic retirement programs, which include financial wellness, health and voluntary benefits, put employees in a better position to reach their long-term goals.