The commissioner said defined contribution plans should diversify beyond public securities aligning with the August executive order spotlighting inclusion of private assets in retirement plans.
Dianne Sandoval named CIO of Maryland SPRS; Fiona Greig promoted to principal at Vanguard; Nationwide picks JJ Pérez to lead strategic customer solutions team; and more.
Nestimate launches TDF evaluation platform; Morningstar allows Microsoft AI tools access to data; Milliman builds ETFs to meet rising health care costs; and more.
Aon’s 2025 Benefits Survey of Hospitals found health systems wants their employees to understand both the benefits available and how valuable they are.
Those who retired earlier than they intended were less likely to have a formal plan than those who retired on time or later, according to Manulife John Hancock.
While acting as recordkeeper and trustee of Centene Management’s 401(k) plan, Fidelity is accused of several breaches of its fiduciary duties, as is the plan sponsor.