Required Board approval before an employee could be eligible to participate in the SERP was not included in the original eligibility provision of the plan.
Their plea, addressed both to Senate Majority Leader Mitch McConnell and Senate Minority Leader Chuck Schumer, comes some six months after the U.S. House passed its version of the...
In a brief to the Supreme Court, U.S. attorneys disagree with the implication that retirement plan participants actually know all the information in the mandatory disclosures made available...
Aside from the benefit of having emergency savings, people acclimated to having retirement savings automated will likely stay with an automated process.
It has been reported that the SEC is investigating sales and disclosure practices at VALIC, a unit of AIG, including its dealings with retirement plan participants at school...
A new report says Americans have greater access to workplace retirement plans and are saving more than in the past, and better protections are in place to guard...
Per participant or asset-based? Each approach has its merits, but is one preferable under the Employee Retirement Income Security Act’s strict fiduciary standards?
Amalgamated Life Insurance Company appoints sales executive; Cohen & Steers appoints global real estate head to CIO; The Standard names TPA sales director; and more.
Nearly two-thirds believe it is important to have a financial literacy program offered by their employer, and they listed the topics they would like discussed.
Following some important appellate and Supreme Court decisions, it is “no longer good law” to presume as a general matter that ERISA class actions claims can’t be forced...
While there is significant interest being voiced among policymakers and plan sponsors about in-plan annuities, providers are favoring retirement income innovations that don’t involve guarantees.
A new law, effective on January 1, provides that all employers sponsoring FSA plans must provide notice to participants of deadlines to withdraw funds.