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The new legislation includes the core provisions of H.R. 1007, the Retirement Enhancement and Savings Act. 

Wilshire Phoenix names new partner for new division; Drinker Biddle & Reath hires new ERISA attorneys; and more.

Murray and Wyden’s letter to the IRS and Treasury asks why employers will be permitted to offload pension liabilities and transfer risk to retirees.

The plan sponsor was previously ordered to make reforms such as using lower-cost share classes and conducting an open recordkeeping RFP; the final settlement includes $55 million in...

Principal Financial Group launches the Principal Guaranteed Option, while Charles Schwab introduces subscription pricing for robo-advice. 

In recent years, hedge funds have not assumed sufficient risk to deliver attractive performance, but Willis Towers Watson suggests new approaches they can take to remain relevant.

Only 33% think they are saving enough for retirement, according to a Primerica survey.

Nearly one-third fear they will outlive their assets, according to LIMRA-SRI.

Researchers’ findings suggest “that an equivalent reform in the United States could generate a sizeable increase in retirement plan participation, primarily among employers with fewer than 500 workers.”

Performance is not sacrificed by investing in environmental, social and governance (ESG) investments, and plan sponsors and participants can align their financial goals with their values, a white...

Starting early and managing spending and debt are key to be able to save more.

Seventy-seven percent of Americans think Congress should do more to expand access to retirement plans, while 83% favor making it easier to save for retirement, and 69% think...

Travis Symoniak, Securian Financial’s manager of group insurance enrollment solutions, says more employers are offering voluntary benefits to help improve their employees’ financial security; however, enrollment can often...

In a ruling in favor of a health benefit plan sponsor, a federal court judge lays out prudent processes the sponsor took to select and monitor service providers...

The majority of independent workers say they are much more or somewhat more involved in their finances as a result of working independently, a T. Rowe Price survey...

The updated mortality improvement rates and static tables apply for purposes of calculating a defined benefit (DB) plan’s funding target and other items for valuation dates occurring during...

The new offering will have three menus—core menu, core plus and expanded menu—and depending on the demographics and investment acumen of participants, plan sponsors can choose the best...