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Union workers are seeking a 40% pay increase and the restoration of the company’s defined benefit pension plan, which has been frozen since 2014.

The government watchdog’s review of DOL regulations on fee disclosures is largely positive, with lingering concern about whether participants actually understand plan fees.

The award recognizes plan sponsors that go above and beyond in their efforts to help participants with financial wellness and retirement security.

The longevity model is designed to enable plan sponsors and insurers to more accurately price and manage pension risk.

Nationwide names a new head of its annuity business; OneAmerica announces new president of employee benefits; Pentegra adds a new member to its executive team; and more.

Money from the Special Financial Assistance Program will help the pension fund, which was projected to become insolvent in 2032.

The pharmaceutical company was accused of charging unreasonable recordkeeping and administrative fees in a complaint filed last year.

OneDigital launches new benefits platform; Transamerica managed advice available for contractors PEP; Gainbridge annuities available to RIAs via RetireOne; and more. 

Plan sponsors can provide access to the product outside of their plans, with Agilis taking on the bulk of the fiduciary duty of selecting the best insurance providers...

The ERISA Advisory Council members are reviewing proposed recommendations about defaulting participants into a retirement income product.

The programs are funded by the Social Security Administration, and applications must be submitted by the end of January 2025.

The appeals court ruled that a Michigan district court wrongly dismissed the lawsuit in April 2023 in favor of arbitration.

ERISA-covered benefits such as health flexible spending plans to get moderate increases.

The collaboration will automate the collection of employer data and aims to simplify the onboarding process for third-party administrators and plan sponsors.

The list, created under the DOL’s finalized amendment to PTE 84-14, is the first to self-identify managers of ERISA-covered assets.

The deal, expected to close in 2025, aims to combine NEPC's institutional investment, research and OCIO capabilities with Hightower’s rapidly growing RIA network.

Adopters of Transamerica’s pooled plan solutions said the arrangement has allowed them to reduce their administrative and fiduciary burden, while also expanding access to savings.

Nationwide Retirement hires new Midwest regional VP; Simpson Thacher hires new executive compensation and employee benefits partner; John Hancock Retirement appoints head of participant outcomes; and more. 

The virtual meeting will focus on lifetime income and the access to claims procedures.

Following guidance released this summer by the IRS about SECURE 2.0’s student loan matching provision, the advocacy organization still has unanswered questions.