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The lawsuit claims that Lockheed Martin used underperforming target-date funds with high fees in its 401(k) plans for the company’s own benefit.

The new research questions the growing demand for defined contribution plans to invest in private equity, arguing it is riskier than the publicly traded funds in which 401(k)s...

The company was accused of using an in-house stable value investment that underperforms competitors.

Survey from FinFit found that workers that have access to and utilize financial tools, make better financial decisions and report feeling more supported by their employers.

At least 59 million U.S. private sector workers lack access to workplace retirement plans, according to Georgetown University’s Center for Retirement Initiatives.

According to LIMRA, 14 carriers reported more than $1 billion in pension risk transfer sales during 2024.

The defendants claim the company breached its ERISA fiduciary duty by putting business interests ahead of the plan and its participants.

Ice Miller grows its governmental benefits team; Kristin McCarthy named head of product at PCS Retirement;  Mark Proctor joins Latham & Watkins LLP in New York; and more.

The IRS rule applies to most participants in workplace retirement plans and all traditional IRA owners.

Fintech leaders discussed how artificial intelligence and technology can provide investors with more access to financial planning and personalized advice.

The proposed Peach State Saves program would require employers to automatically enroll eligible workers in a Roth IRA.

Apollo, Athene and Motive Partners purchase a guaranteed income provider; Sun Life partners with Workday Wellness; Capital Group launches 8 model ETF portfolios; and more.

Weak markets and rising liabilities resulted in sinking pension funding levels in February.

The proposed program would provide all U.S. children with a federal government-funded $1,000 grant to be invested and grow over time.

Janet Dhillon was selected to serve as the next director of the Pension Benefit Guaranty Corporation, pending Senate confirmation.

Some barriers persist to providing financial wellness tools to employees, according to speakers at the EBRI-Milken Institute 2025 Retirement Symposium.

Monday’s full Senate vote came after President Donald Trump’s pick to head the Department of Labor was cleared by the HELP Committee last month.

Working Americans can now gain access to TIAA’s fixed and variable annuity products through the company’s individual retirement accounts.

Voya revises workplace solutions leadership; Endeavor Retirement adds Christine Masoni; Lazard names Peter Harrison to the board and more.

The probationary employees and head of the Department of Labor’s Division of Employee Ownership, who were recently terminated, reportedly received notices that their positions will be reinstated.