DOL Asked for Guidance on Retirement Plan Cybersecurity
The ERISA Advisory Council is asking the DOL to provide guidance on how plan sponsors should evaluate the cybersecurity risks they face and to require them to be...
Latest News
MetLife Settles With Massachusetts Regarding Pension Risk Transfer Beneficiary Payments
MetLife has been accused of failing to take sufficient measures to locate annuitants, declaring them dead and transferring the assets for their benefits to the firm.
SEC Proposes Rules for Risk Mitigation of Security-Based Swaps
The Commission is requesting comment on how certain aspects of the proposed rules address how a security-based swap data repository could potentially satisfy its obligation to verify the...
Cash Balance Plans Need Different Administration Systems Than Traditional DB Plans
The characteristics of cash balance plans that are similar to defined contribution plans create a need for different technology than traditional defined benefit plans.
Retirement Industry People Moves
DWS Group adds portfolio management head; CBIZ purchases Sequoia business unit; Eagle Asset Management names managing director; and more.
Benefits |
HDHP Enrollees More Engaged With Their Health Plan
They also have many characteristics equated with greater financial stability than those not in a HDHP.
PBGC to Provide Early Financial Assistance to Union Pension
The early financial assistance from PBGC, together with benefit reductions that are required as a condition for receiving assistance, will help a Pennsylvania union pension plan avoid insolvency.
Products |
Investment Product and Service Launches
Vanguard reveals fund merge; Northern Trust creates reporting tool for hedge fund trades; and Lively removes HSA investment fees.
EEOC Removes Incentive Sections of Wellness Program Rules
The action is in response to a federal court decision vacating the incentive portions of the rules.
Mercer Sets Goals for DC Plans for the Coming Year
They are centered around three key themes: 1) Secure your foundation, 2) Achieve greater prosperity and 3) Inspire confidence.
Senators Cardin and Portman Offer Another Broad Retirement Reform Bill
Among some 50 other provisions aimed at improving retirement readiness in the U.S., the bill substantially increases the tax credit under current law for small businesses that adopt...
Benefits |
Leader Involvement in Physical Wellness Programs Improves Participation and Cost Savings
The 2018 Health Enhancement Research Organization (HERO) Scorecard Progress Report also found offering targeted lifestyle management services and having a formal, written strategic plan in place for well-being...
Most Counts Against GE Allowed to Proceed in ERISA Lawsuit
The text of a new ruling on GE defendants' summary dismissal motion steps through complex issues of timeliness that are being tested in other ongoing ERISA cases.
Bill Would Allow Use of Retirement Plans to Provide Student Loan Repayment Benefits
The Retirement Parity for Student Loans Act would permit 401(k), 403(b), and SIMPLE retirement plans to make matching contributions to workers as if their student loan payments were...
Single Pre-Retirees Want More Access to Financial Advice and Education
A new cut of survey data from the LIMRA Secure Retirement Institute (SRI) shows four in ten single retirees believe their savings won’t last if they live to...
Mercer Encourages DB Sponsors to Act on Funded Status Improvements
Mercer recommends 10 areas of focus for defined benefit plans in 2019.
Future Regulation Holds the Key for Lifetime Income Options in DC Plans
The safe harbor provision in the Retirement Enhancement and Savings Act would safeguard plan sponsors from liability issues stemming from any losses from the insurer’s ability to meet...
Most Retirees Say Employers Did Nothing to Help With Retirement Transition
Both retirement plan sponsors and employees can learn lessons from the experiences recounted by retirees surveyed by the Transamerica Center for Retirement Studies.
9th Circuit Questions Meaning of ‘Actual Knowledge’ for ERISA Statute of Limitations
The appellate court sent a case over Intel's use of alternative investments in its target-date funds back to a lower court for review.
Do Cases Questioning Mortality Tables Used to Determine DB Plan Benefits Indicate a New Trend?
Cases have been filed against MetLife, Pepsi and American Airlines saying the use of outdated mortality tables in determining annuity payments causes retirees to lose part of their...