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New data show the risks contributing to reluctancy to spend include outliving savings, incurring high medical expenses and experiencing unforeseen costs.

Wellington, Vanguard, Blackstone ‘alliance’ eyes ‘retirement-specific’ products; MHW unveils healthcare solutions bundle; Teladoc offers personalized virtual care practice; and more.

With not enough senators at the hearing, the vote on confirmation of Acting Secretary of Labor Keith Sonderling to the full-time post could not take place.

Inspector general tells House panel that weak controls over information-sharing agreements risked public trust and exposed confidential data.

The legislation would put caps on and require distributions for people with massive balances.

Business groups, insurers and states joined the Department of Labor in warning that litigation threatens the pension risk transfer system.

The number of borrowers in default grew by about 4.2 million following the end of a COVID-19-era payment moratorium.

Individuals can file disability adjudication forms, track their claims and access proffer letters securely online.

Current retirees’ greatest regrets could help younger generations plan for a better retirement.

According to the ERISA Industry Committee, a contrary ruling could undermine workplace wellness programs nationwide.

The legislation mirrors a House proposal that has already advanced out of committee, aiming to streamline annual retirement plan reporting.

Increasing healthcare prices and costs tied to chronic conditions contributed to this year’s change, according to a new report.

The bipartisan commission typically makes recommendations, but Congress would have to craft the policy.

Nationwide adds life insurance product strategy head; Modera Wealth Management hires new CIO and COO; and more.

The federal court rejected most of the defendant’s bid to end the suit, but abstained from intervening in related divorce proceedings.

The acting secretary of labor testified during his confirmation hearing that Americans ‘deserve a Labor Department that is effective, accountable and responsive.’

SEI launches actively managed factor allocation ETF; Voya expands SinglepointAI Partnership; and T. Rowe Price launches actively managed crypto ETF.

Bryn White comes to the firm with previous experience in health and welfare benefits.  

Researchers, child welfare advocates and financial experts warned lawmakers that administrative gaps could limit families’ active participation.

Schroders found that most believed $1.2 million is the right amount of savings to allow for comfortable retirement.