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MissionSquare Retirement appoints Tom McAndrews chief legal officer; Paul Mahon to retire from Great-West Lifeco; Lincoln Financial names two external wholesalers; and more.

The district court decision is the latest action in a flurry of cases concerning the alleged mismanagement of forfeited assets.

Ascensus streamlines IRA, HSA administration for banks and credit unions; 401Go expands its retirement offerings; Schwab Retirement Plan Services adds tools via Candidly; and more.

The measure passed the House Oversight Committee mostly along partisan lines and is expected to move to the Budget Committee.

With dementia cases on the rise, plan sponsors have a duty to protect assets and shelter participants from financial fraud.

Plan sponsors and recordkeepers aim to prevent both participant mistakes and fraud schemes that can decimate retirement savings.

Plan providers are using technology to authenticate participants, secure accounts, flag suspicious activity and help protect participants’ assets.

The average cost to transfer corporate pension plan liabilities and to purchase an annuity both went up, according to Milliman.

The firm intends to offer retirement plan participants higher growth potential by removing management fees in what it terms an industry first.

The state programs, administered by Vestwell, expect the partnership to reduce costs.

The judges did not comment on the case, and the 9th Circuit’s remand to a California district court will stand.

The legislation would require the Department of Labor to submit annual reports on the status of its investigations, including those active for more than 36 months.

A 195-page report from Senator Bill Cassidy called for major reforms, insisting low-income patients are not benefiting from intended benefits.  

The changes would cause many government workers to contribute more, while receiving reduced benefits.

BNY Investments names Germano as COO;  Alston announces departure from Employees’ Retirement Fund of the City of Dallas; David Gillman joins Absolute Capital as regional vice president; and...

Industry experts discussed how plan sponsors can update plan documents, create committees and monitor vendors to maintain fiduciary oversight over their health plans.

A Nasdaq-100 survey conducted by Shelton Capital Management showed that allocations to Nasdaq-100 Index mutual funds make up fewer than 1% of all 401(k) assets.

Rick Funston, CEO of Funston Advisory Services, talks through how public plan fiduciaries can prepare for and manage an increasingly complex pension world.

EBRI research found that most Americans are confident about retiring, but 79% of retirees and 71% of workers expressed concern about changes to Social Security.

The verdict and monetary award serve as a warning for other situations in which plan sponsors and service providers may share ownership or leadership.