Latest News

The approach offers risk mitigation, often at a lower cost.

The product will be a default option for Transamerica retirement plans.

Lawmakers are attempting to expand access to defined contribution plans for independent employees.

Three academics explored a guaranteed payout path involving defaulting retirement assets into annuities.

The Federal Emergency Management Agency issued a major disaster declaration, clearing the way for assistance.

The asset classes should be available to retirees to help with the ‘democratization of private investing,’ the company stated.

The July 1 request indicates the Department of Labor is preparing PEP-related reports, as laid out by the SECURE and SECURE 2.0 Acts.

In a letter, the group also pushed Congress to expand the retirement sector after the passage of the ‘Big Beautiful Bill.’ 

President Donald Trump’s key legislation offers little change to the sector.

President Trump has signed the measure that preserves tax deferral for retirement savings, raises taxes on certain endowments, makes cuts to federal benefits and much more.

The partners aim to provide institutional-grade investment tools and opportunities to retirement investors in the state's DC plan. 

Guardian Payroll launches an end-to-end solution; Cambria rolls out a global equity ETF; Allianz adds buffered ETFs; and more.

Both houses of the legislature voted in favor of the FY 2026 budget bill, which includes the provision creating the Massachusetts Secure Choice program.

The parties agreed to a settlement higher than the $38.8 million that was included in a prior deal in April, in a case that alleged the company charged...

The case, originally filed in 2021, alleges the company violated ERISA by retaining target-date funds that were high cost and underperformed their benchmarks.  

Justices will decide how much flexibility actuaries have when calculating how much companies must pay when withdrawing from a multiemployer plan. 

The products are complex for various reasons, but recent regulatory changes and potential demand are expected to continue driving plan sponsor adoption.

Industry proponents expect the legislation would lower costs and broaden investment menus for sponsors and participants.

The former assistant secretary of the Employee Benefits Security Administration will work alongside recordkeepers, retirement plan advisers, plan sponsors and participants on key policy initiatives.

The division of the Department of Labor said discarding the three bulletins would avoid ‘confusion and unnecessary complexity.’