Kimberly-Clark Hit With Excessive Fee Lawsuit
The suit mainly takes issue with an alleged failure to solicit competitive bids for retirement plan services and the use of what it calls ‘cobbled-together services from many...
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Products |
John Hancock Extends Personalized Retirement Advice Program to All Plan Clients
The firm is also launching an online experience to deliver personalized recommendations to participants.
Benefits |
Plan Sponsors Face Several Decisions About Emergency Savings Offerings
They need to determine how emergency savings accounts will be invested and whether to match employees’ savings, as well as whether recordkeepers’ out-of-plan or in-plan options are best.
Simplifying the Retirement Planning Message
Employees need to be taught how to manage finances and save for the future before being advised on how to create an income stream in retirement.
The Benefits of Stable Value Funds for Plan Participants
Stable value is touted as helping near-retirees manage sequence risk, should they have the misfortune of retiring into a downturn, but these investments offer advantages for participants of...
Retirement Industry People Moves
DWC – The 401(k) Experts selects new principal, and Ascensus names new FuturePlan president.
Claims Against Astellas, Aon Move Forward in Untested CITs Lawsuit
A judge found that allegations were sufficient to deny most motions to dismiss filed by the plan sponsor and the investment manager.
Benefits |
Efforts to Make HSAs More Inclusive
How decoupling HSAs from high-deductible health plans (HDHPs) could bring advantages to both the employee and employer.
Questions Sponsors Need to Ask When Hiring a 3(38) Fiduciary
DC plan sponsors should examine a potential investment manager’s approach to governance as well as investing, and they should review past performance results.
Benefits |
More Employers Are Engaging With Voluntary Benefits
Experts say such offerings could help improve employees’ financial wellness and retirement security.
Products |
Investment Product and Service Launches
Voya Financial offers NQDC portfolios for workplace clients; Investics announces enhancements to cloud ecosystem; PGIM launches new active aggregate bond ETF; and more.
Benefits |
Boosting HSA Participation and Engagement
Experts say offering company matches and/or seed money, as well as implementing automatic enrollment into the plans, can boost workers’ engagement with HSAs.
Court Rejects Barnabas Retirement Plan Fiduciaries’ Motion to Dismiss Lawsuit
A federal judge found that the plaintiffs had sufficiently pleaded their claims in the suit alleging excessive retirement plan fees.
Benefits |
The Role of HSAs in Financial Wellness and Retirement
Plan sponsors can promote the HSA benefit as a part of employees’ financial wellness and liken its importance to other financial planning tools.
Benefits |
Selecting an HSA Service Provider
Experts say providers should be able to educate participants about how the accounts work and their triple tax benefits.
Benefits |
How to Make Changes That Make a Difference for Your HSA Program
A session during the first day of PLANSPONSOR’s 2021 HSA Conference revealed ways employers can enhance their programs’ participation rates.
DOL Releases Its First Cybersecurity Guidance
The guidance includes best practices and tips for protecting retirement benefits.
Products |
WEX to Acquire benefitexpress
The deal adds a complementary suite of solutions to WEX’s health offerings, including employee enrollment and decision support tools for employees, and more.
DOL Issues Guidance for Investors, Plans on Investment Advice Exemption
It sets forth questions an investor can ask potential advice providers and information to help them understand the purpose of each question.
Allianz Targeted by Raytheon in Fiduciary Breach Lawsuit
The complaint suggests Allianz abandoned a hedging strategy that was the supposed cornerstone of an investment fund utilized by the Raytheon pension plan, resulting in unexpected losses.