Latest News

As higher education plan sponsors often work with small benefits staffs and oversee diverse pools of employees, administering a retirement plan tailored to all employees’ needs is a...

Target-date-fund collective investment trusts continue to accumulate assets, finds Morningstar in its target-date strategy landscape report.  

Following two record years for PRT transactions, LIMRA expects the trajectory to continue for the rest of 2024.

Central States is currently working with the DOJ to negotiate the repayment of a $127 million overpayment from the PBGC.

Equitable names new retirement and investment leaders; Standard appoints new corporate actuary and chief risk officer; Nicolet National Bank brings on new wealth, private client services head.

ADP partners with Summer on SECURE 2.0 student loan retirement match; Voyant offers advisers retirement planning analysis for clients; Fidelity launches benefits program for multinational companies; and more.

Purchase will bring in-house Mutual of Omaha's 401(k) business, to which it had provided outsourced services for years. 

Research from Cerulli Associates forecasts nearly 40% growth in the number of 401(k) plans by 2030, based on federal and state efforts. 

Annual letter to investors says, "Humanity has changed over the past 120 years. So must our conception of retirement."

Joseph Smolen will take over as SPARK’s new board chair.

Roger Hobby is joining Empower in a senior role in its recently rebranded consumer wealth division.

The ESG rule was upheld in a Texas district court, but was appealed to the 5th Circuit in October 2023.

The brief was filed to support Yale in the plaintiffs’ 2nd Circuit appeal of a 2023 jury verdict that was almost entirely in the university’s favor.

Defined Contribution Groups—DCGs—offer another option for sponsors seeking to simplify some administrative tasks.

2024 has already seen significant activity, with Shell and Verizon both conducting large pension risk transfers in the last few months.

A California federal judge’s ruling in an ERISA lawsuit against Molina Healthcare provides a window into this court’s thinking on ERISA lawsuits and clues to winning plan sponsor...

The Retirement Advantage expands consulting team; Pantheon announces leadership succession plan; Noble appoints Johnson head of global client solutions.

With the PBGC director at a subcommittee hearing, House Republicans indicated the PBGC should lower premiums for its single-employer insurance program.

TIAA Distributes Annuity to Empower DC plans; HSA Bank launches emergency savings accounts; Navia partnership launches custom 401(k) plans; and more.