PensionBee expands automatic rollovers through T. Rowe Price; Nationwide partners with Annexus, Capital Group for annuities strategy; Gravie launches hybrid benefit solution; and more.
The Retirement Fairness for Charities and Educational Institutions Act would give 403(b) participants access to investments in collective investment trusts.
The ERISA Industry Committee argued that Congress and the Treasury Department have long permitted employers’ use of unvested funds to offset plan expenses.
Leveraging pharmacies for medical care and incentivizing employees to seek preventive care are among the ways plan sponsors are trying to keep cost hikes in check.
Jackson Lewis names new employee benefits principal; State Street appoints Pete Dorsey as chief revenue officer; and Prosperity taps Jeff Lenhart as president.
A MissionSquare study found public sector employees are less likely to work with financial professionals and more likely to rely on friends and family for guidance.