In an amicus brief in support of Universal Health Services, the foundation argues that a district court missed the mark in its application of the Supreme Court’s Thole...
As discount rates used to measure pension liabilities fell, many plans’ funded status slipped, although the degree of loss depended on a plan’s liability profile and investment mix.
The title of the regulation also suggests it will address the related but distinct issue of proxy voting advice and shareholder activism among retirement plan fiduciaries.
The regulatory outlook for retirement plan sponsors looking to implement environmental, social and governance themed investments has been complicated, but experts hope that may soon change.
'Experience studies’ and certain types of modeling will help plan sponsors find a better balance between assumptions and experience to avoid future cost surprises.
Echoing similar complaints filed against other large employers, the plaintiffs claim Citgo is failing to pay the full promised value of alternative annuity benefits defined by the company’s...
It addresses to what purposes newly allowed segment rates apply, how plan sponsors can make elections for which segment rates to use and the effect of the law...
At the median, Generation Z workers started saving for retirement at age 19—significantly earlier than Millennials, who started saving on average at 25.
It includes all the features available through the new participant website, plus push notifications, such as alerting participants when a new contribution is posted to their account.
The FORT tool helps plan sponsors understand what fiduciary responsibilities they retain when they delegate some duties to an adviser or service provider.
Workers should be encouraged to improve their fiscal health by creating a financial plan and gaining a full understanding of their situation—especially if their outlook is challenging.
The pension risk transfer trend is expected to continue, though most transactions are implemented by large companies, and transferring pension obligations isn’t right for every plan sponsor.
The participants’ claims regarding Omnicom’s continued use of an active TDF suite were found plausible, and a judge left until later the issue of whether passively managed funds...