News Archives | Page 217 of 2648

Products | October 15th, 2020

Lockton’s First PEP Ready to Launch in January

Transamerica will be the recordkeeper for the new plan and offer specialized recordkeeping specific to each adopting employer.

Participants | October 15th, 2020

Connecting Behavioral Science to Higher Savings

A social scientist explains how simpler tactics can help lead participants to better financial savings habits.

Products | October 15th, 2020

JPMorgan Chase Launches Everyday 401(k) Micro-Market Solution

One notable feature is that Everyday 401(k) allows small business owners to commence setting up a plan and enroll their employees online at the main Chase.com homepage.

Compliance | October 15th, 2020

Will DOL Independent Contractor Proposal Result in More Workers With Benefits?

The proposal is intended to offer processes to clearly determine a worker’s status.

Administration | October 14th, 2020

The Importance of Extending Diversity to the Retirement Plan Committee

With representation being top of mind in 2020, companies are reconsidering the makeup of their workforces.

Compliance | October 14th, 2020

Settlement Reached in Insperity 401(k) Excessive Fee, Self-Dealing Suit

Among other things, the lawsuit accused Reliance Trust Co. of selecting funds for the plan that would benefit itself.

Data and Research | October 14th, 2020

Financial Wellness Program Trends Advance During Pandemic

Employers are offering help with emergency savings and debt, and employees are asking for more help with the selection of health and other benefits.

Products | October 13th, 2020

BPAS Offers Full DB Service Package

PensionEase combines actuarial benefit calculation services with participant and benefit distribution services.

Compliance | October 13th, 2020

Lawsuit Against Nestle Takes New Approach at Challenging Managed Account Fees

A prior lawsuit against its 401(k) plan recordkeeper and managed account provider was dismissed, with a federal judge saying any claim based on the allegedly excessive fee arrangement...

Compliance | October 13th, 2020

Social Security Announces COLA for 2021

In addition, the maximum amount of earnings subject to Social Security tax—used to determine the taxable wage base for permitted disparity in DC plan contributions—will increase.

Data and Research | October 13th, 2020

COVID-19 Has Low Impact on Nonqualified Plan Design and Administration

A majority of plan sponsors reported no need to review their plans in response to the pandemic, and very few participants have requested emergency withdrawals, according to the...

Benefits | October 12th, 2020

Critical Illness, Disability Insurance Top of Mind During Open Enrollment

Participants also want help with financial wellness, paid leave and child care.

Benefits | October 12th, 2020

Navigating a Remote Open Enrollment Season

Content, delivery and personalization are factors in providing the best employee education and support possible this year.

Compliance | October 12th, 2020

DuPont Pension Plan Participants’ ERISA Lawsuit Dismissed

A federal district court judge again found no fiduciary acts occurred when a corporate restructuring resulted in DuPont being a subsidiary of a spinoff company.

Deals and People | October 9th, 2020

Retirement Industry People Moves

Morgan Stanley acquires Eaton Vance; The Standard selects employee benefits lead; and Rebalance names retirement services VP.

Administration | October 9th, 2020

Weaving Part-Time Employee Inclusion Into Retirement Plan Processes

The SECURE Act’s requirement to let part-time employees join 401(k)s demands a process for counting hours and creates opportunities to review other procedures.

Administration | October 9th, 2020

Most Estimates Show DB Funded Status Declined in September

A decline in equity markets caused funded status to decrease during the month, and firms say DB plan sponsors should prepare for more market volatility through the end...

Compliance | October 8th, 2020

Lessons From a Rare ERISA Excessive Fee Suit Dismissal

The complexity of retirement plan lawsuits often makes district court judges reluctant to approve early dismissal motions plaintiffs, but Salesforce has succeeded in defeating a complaint alleging it...

Products | October 8th, 2020

Investment Product and Service Launches

Wilmington Trust adds DocuSign to eVault program; Columbia Threadneedle announces Fixed Income successor; and TIAA grows variable annuity investment lineup.

Data and Research | October 8th, 2020

Longevity Bound to Make Work a Requisite for Retirees

Experts say in the future, it may not be uncommon for people to work until age 70 or 80, requiring new thoughts about work, as well as finances.

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