Participants in Terminated 403(b) Plan File ERISA Lawsuit
The plaintiffs allege the use of actively managed funds and higher-cost share classes caused them to lose millions.
Latest News
Understanding TDF Glide Paths
Glide paths aren’t just a change in equity and fixed income allocations, there are changes to investment types, too.
Biden’s DOL Secretary Pick Walsh Faces Senate Scrutiny This Week
Union leaders say Marty Walsh is a tremendous leader with the kind of empathy, vision and commitment to working families that the nation needs; other stakeholders are less...
Plan Sponsors Aren’t Warming Up to Provisions of the SECURE Act
Very few are interested in joining a PEP, and obstacles remain before sponsors will add annuities to their DC plans.
Benefits |
Brokers Agree Self-Insuring Health Benefits Can Save Employers Money
Using claims data to compare fully insured and self-insured benefits, and seeing the flexibility self-insuring provides can help employers overcome their fears about it.
Benefits |
Employees Want Help To Fully Understand Their Benefits
Employees want employers to educate them throughout the year and offer tools to help them allocate their money among benefits, Voya found.
Americans Thinking of Reallocating Portfolios Following Election
The right messaging and access to advice can help retirement plan participants make the right decisions for their financial future.
Benefits |
Help With Emergency Savings and Caregiving Among Top Benefits Trends in 2021
Interest has also increased in enhancing workplace giving and volunteer programs, student loan debt help and health care advocacy.
Retirement Industry People Moves
Prudential selects CEO of U.S. Insurance & Retirement Business and OneAmerica hires regional sales director.
Public Sector Gen X Workers Face More Outstanding Retirement Plan Loans
Likely feeling the same financial squeeze as their private sector counterparts, the new Public Retirement Research Lab also found they are contributing less to retirement savings.
Benefits |
Virginia Throws Its Hat Into the State-Run Retirement Plan Ring
A bill passed by state lawmakers would direct the state’s 529 plan board to set up and administer VirginiaSaves.
Products |
Investment Product and Service Launches
Broadridge and Third Economy launch ESG advisory service and SimCorp partners with Colmore on new data service.
Survey Finds Limited Use of Alternative and ESG Investments in DC Plans
Plan sponsors’ view of participants’ investment sophistication and recent regulations could have something to do with it.
Defending Against Excessive Fee Cases: It’s All About Procedure
It’s crucial for plan sponsors to have and follow a good investment policy statement and to carefully document the reasons for all their decisions.
Rep. Neal Releases Policy Priorities for Equity in Retirement Security
The Ways and Means Committee chairman sets out goals for Social Security benefits, MEPs and automatic features in his list.
Lawmakers Want No ‘Surprise Billing’ for Health Benefit Plan Sponsors
Health benefit plan service provider disclosures have been added to ERISA Section 408(b)(2).
Sponsors Should Understand How to Use DOL Guidance on Missing Participants
Industry experts point out that not all suggestions from the DOL work for every plan sponsor, and they share tips for implementing the guidance and list unanswered questions.
Rep. Neal Introduces DB Plan Relief Bill
The bill contains provisions designed to improve the financial situation of multiemployer plans, as well as provisions for funding relief for single-employer defined benefit plans.
Intel Prevails Again in Case Over Alternative Investments in TDFs
A federal judge found the plaintiffs in most cases did not provide sufficient evidence that the hedge fund and private equity investments in Intel’s retirement plans were imprudent.
Creating an Effective LDI Strategy for 2021
Defined benefit plan sponsors need to look at different tools for making their liability-driven investing strategies more efficient, and they should re-evaluate their glide path triggers.