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Vanguard found its clients with only a defined contribution (DC) retirement plan relationship exhibited the lowest levels of trading.

The parties say they have reached a confidential settlement resolving all claims.

Innovator expands Defined Outcome ETF suite; Vanguard merges Capital and Windsor funds; and IHS Markit delays rebalancing actions on indices.

The complaint says plan fiduciaries failed to negotiate fixed-interest contract terms for the 401(k) that were as good as the same fund’s terms for its DB plan.

Throughout the 7th Circuit’s decision, it contends the plaintiffs put forth their own opinions and preferences rather than evidence of fiduciary breaches.

Newport is providing complimentary 3(16) administrative fiduciary services to clients for the remainder of the 2020 calendar year.

Among other things, the bill would allow for targeted, penalty-free access to tax-qualified accounts for those hit hardest by the health crisis.

It was the documented process of the multiemployer plan trustees’ considerations of withdrawal proposals by Kroger that helped them win the case.

FinFit’s financial wellness platform is available to employers for free through June 30.

Individuals have more time to contribute to IRAs and HSAs, and employers have more time to contribute to their retirement plans.

As the retirement industry awaits details of a coronavirus stimulus relief bill, a spike in participant loans and hardship withdrawals is anticipated.

The interest-free, payroll-deducted payment plan can keep employees ‘away from more financially toxic payment options,’ such as taking a retirement plan loan, the company notes.

Lawmakers are debating what will likely prove to be an unprecedented stimulus package aimed at helping businesses, workers and retirees recover from the economic effects of the coronavirus...

‘To ensure access to invested monies for shareholders across the country,’ ICI’s president asks the Board of Governors to consider mutual funds and their providers for exemptions to...

Because the coronavirus was designated a disaster under the Robert T. Stafford Disaster Relief and Emergency Assistance Act, qualified disaster relief payments are permitted.

A court judgment requires the fiduciaries to not only restore the unremitted repayments to the plan, but also $16,782.80 in interest on the unremitted loan repayments.

Hopefully participants closest to retirement are conservatively invested, but either way, the message from retirement plan sponsors should be the same—stay the course with investments.

The DOL alleges that the company’s president influenced an appraiser’s valuation and the ESOP’s trustee didn’t do his due diligence before the stock purchase.