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Fiduciaries of the Sacred Heart Hospital Profit-Sharing 401(k) Plan failed to administer the plan after the hospital operations ceased in 2013, according to the DOL.

A report warns about the “troubling lack of knowledge about debt” among all age groups in the U.S., but especially among young adults.

Most retirement plan participants would like savings and investing guidance, a survey finds.

“The school has been deemed non-compliant with its contractual obligations regarding financial management as identified in the charter operating agreement,” a letter sent to school officials says.

Preparing participants financially to be able to retire beat out reducing plan costs as plan sponsors' top concern in this year's Fidelity Investments Plan Sponsor Attitudes Study.

GAO says in other cases where plans may face complexity, such as selecting a target-date fund or monitoring pension consultants, the DOL has provided general information, including items...

Principal hires SVP for Retirement and Income Solutions Group; America’s Best 401k creates Board of Advisors to combat high fees; USI Consulting names Retirement Services VP; and more.

SSGA is following the trend of providers lowering investment fees, and sees an opportunity to attract 403(b) plan sponsors.

PIMCO has requested that a number of documents remain sealed and not be open to the public by the court.

“Need the money” (87%) and “to save more for retirement” (84%) are the most commonly selected reasons older workers are working or looking for work, and 9% indicated...

Mercer’s Vitals for Change framework calls on employer health plan sponsors to demand more for their employees and their families in four key areas that target systemic problems...

If the hourly wage gap between college and high school graduates continues to grow at its current pace, the impact would reverberate into retirement, research from the Urban...

Lincoln Financial creates personalized target-date portfolios; Aon Hewitt-managed pooled funds claim compliance with GIPS; Vanguard launches Global Credit Bond Fund; and more.

DB plan funded status reached a five-year high in July.

A study from Fidelity indicates employee wellbeing programs should address finances, health and other stressors for employees.

The California Supreme Court has asked an appellate court to review a proposal approved by voters in 2012 to place new hires in a defined contribution (DC) plan...

The financial firm will pay $6,900,000 in settlement.

The agency accuses the system of passing over a 53-year-old with 25 years’ experience to hire a 23-year-old with less than two years’ experience.

In addition to retirement savings services and investing support, DC advisers who provide financial wellness services offer rainy day/emergency funds, budgeting and managing spending, college savings education, and...