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According to a survey by the American College of Financial Services, 74% of respondents failed a 12-question retirement income quiz.

Voya Retirement Advisors was found not to be an ERISA fiduciary with respect to its compensation in an agreement with Nestle’s 401(k) plan.

The overwhelming majority worry that they will run out of money in retirement.

The suit accused the firm of engaging in imprudent investment strategies for the Fidelity Group Employee Benefit Plan Managed Income Portfolio Commingled Pool (MIP). 

An analysis covering the years 2006 through 2014 shows most of the 160 plans studied received insufficient employer contributions to maintain their unfunded liabilities.

More than half of participants who were not contributing to their retirement plans enrolled at an average deferral rate of 8% after using a targeted retirement outlook tool,...

By using some best practices, plan sponsors have moved the needle toward more plan participants taking action to reach an 80% income replacement goal, Wells Fargo data shows.

A district court ultimately found that since plaintiffs did not establish a case in which a particular fiduciary breach caused a loss to the plan, their arguments fail.

The plan sponsor was criminally prosecuted and pled guilty to embezzlement in June 2016; she was ordered by EBSA to make restitution to restore losses to the plan.

Sponsors of the bill, including both Democrats and Republicans, say it will benefit low- and middle-income workers hoping to augment their long-term retirement savings.

BMO has issued a report giving details on participation rates, deferral rates, account balances and more.

The average U.S. worker eats more than half his meals on the job and spends several hours a week at work managing his finances or other personal responsibilities.

Since the financial crisis of 2008, transparency has grown in importance among asset managers dealing with alternative investments, but there is a lack of consensus about how to...

PGIM says a one-size-fits-all classification of emerging markets will become obsolete.

Several Millennial respondents to a recent survey by Pentegra reported that they could have benefited from learning about saving for retirement as early as middle school.

Plaintiffs say the settlement agreement “provides an excellent recovery” for class members, paying them “100% of their losses.”

The lawsuit claims plan participants paid excessive investment and recordkeeping fees and alleges the plan’s loan program violated ERISA prohibited transaction rules.

A survey finds Millennials are more concerned with financial security over their smartphones, vacation time or cars. 

A session at the PLANSPONSOR National Conference presented BrightScope data relevant to anticipated developments in the retirement industry.

The state is moving forward with its program despite Employee Retirement Income Security (ERISA) exemption being taken away by the Trump administration.