A new Securities and Exchange Commission proposal takes a sensible, layered approach to disclosure that takes advantage of today’s ubiquitous digital communications technologies, one attorney says.
Helping to explain the break with the post-Dudenhoeffer tradition of courts rejecting similar stock-drop suits, the majority opinion in this matter seems to draw a distinction based on...
Prior to the pandemic, ultra-low unemployment put a spotlight on ‘lifestyle benefits’ for employees. The COVID-19 downturn has already shifted the focus of many plan sponsors.
Remote work accommodations can help prevent early retirements for workers at risk, and employers need to adjust retirement planning communications for those who work from home.
Amid the pandemic, many are pausing their cash balance plans out of concern that there could be insufficient cash on hand to make required contributions.
Among other things, the lawsuit alleges the health care system unreasonably maintained investment advisers and consultants despite the known availability of others with lower costs and/or better performance...
Lead actuaries at Segal say the Treasury Department is preparing to wrongfully reject an application to reduce benefit payments made by one of its financially stressed union pension...
A federal judge found the plaintiffs did not show they suffered an injury by American’s decision to include a credit union fund rather than a stable value fund...
John Hancock Retirement has announced that it will waive recordkeeping fees for the first quarter of 2021 for eligible plans that sign up for a 401(k) plan with...
Firms that monitor DB plan funded status say it is uncertain whether Congress will offer additional funding relief; many plans will likely face lower funded status in 2020.
NFP acquires multidisciplinary insurance broker; Principal Financial Group announces new customer experience lead; NWPS announces rebranding after numerous acquisitions; and more.
As both Senate and House proposals would pump trillions of dollars into the economy to aid staggering unemployment figures, concerns of possible inflation years down the line have...