The complaint alleges fiduciaries of Mutual of Omaha’s 401(k) plan violated their fiduciary duties by selecting numerous investment options because they paid fees to Mutual of Omaha or...
Risk Strategies' partnership with DirectPath will help employers save on health care by educating their employees on the complex health care landscape and empowering them to make better,...
A beneficiary of a deceased pension plan participant has filed both a fiduciary violation claim and a claim for benefits, which she argues present distinct injuries and should...
Each year, the editors of PLANSPONSOR magazine recognize leaders in retirement plan best practices—plan sponsors that aim to provide more secure financial outcomes for U.S. workers.
“Eighty-six percent of employees say that if their employer improved benefits or added access to an investment plan, it would have a positive impact on them at work,...
The firm’s lawyers noted that the plaintiff signed an agreement not to pursue any class action claims, but a Supreme Court case allowed him to pursue a claim...
Participants in 401(k), 403(b) or other defined contribution (DC) plans can compare administration and individual mutual fund fees to fees in an individual retirement account (IRA).
Twenty-six percent of workers surveyed by EBRI have decreased contributions to their retirement plan, and 27% have delayed retirement due to increased health care costs.
The most common benefit changes organizations have made or are planning or considering include expanding personal financial planning, increasing 401(k) contributions and increasing or accelerating pension plan contributions.
Improved governance with 403(b) plans has an added advantage, Mercer points out, as it also benefits plan participants in the form of improved performance and lower fees, thus...
Voya Investment Management has pledged to adopt six basic principles to promote and support the use of environmental, social and governance investing programs.