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The Department of Labor can now release the rule and set up a comment period before finalizing it.

Over the last decade, cash balance plans in the U.S. increased by nearly 70%, while traditional DB plans fell by more than 50%, per October Three.

A new Allianz study found that Gen X is most worried—and has the least optimistic view about ongoing market volatility.

The decision overturned lower court rulings in cases that accused the pension plan sponsors of shortchanging vested participants.

Plan closures, persistent asset leakage and growing disparities in costs and coverage underly an industry that exceeded $10 trillion in assets at the end of 2024.  

Regulators and Wall Street see a path to broader access, but industry insiders still have concerns that systems are not ready.

Attorneys and others say regardless of the size of the company or its benefit plans, fiduciary coverage is not a luxury.

Group Management Services appoints chief revenue officer; former Citi executive joins Reinsurance Group of America’s board of directors; and CFP Board appoints chief of staff.

As the push for alternatives continues, much is left to be worked out, experts say.

Michael Davis, who has led the strategist team since its founding in 2024, will retire on May 1.

The agency is expected to release comment letters for the first time since 2002.

NEPC launches a pooled employer plan; Lincoln Financial adds annuity solutions; and Empower to support Trump Account rollovers.

Following final judgments on the previous administration’s fiduciary rule, the Department of Labor will revert to its previous five-part test.

Capital Group’s Colyar Pridgen says litigation concerns are not the only reasons the pension risk transfer market could see slower growth going forward.

Republicans say the measure would curb ‘frivolous’ ERISA litigation; Democrats warn it could weaken workers’ ability to challenge mismanagement of retirement and health plans.

Older workers are delaying retirement and playing it safe amid fears about inflation, Social Security and government policies, according to Boston College research.

After the 4th Circuit ruled that losses in 401(k) plans are individualized, lawyers must weigh the ripple effects on large fiduciary-breach complaints.

The proposed legislation is a rebuke to President Donald Trump’s affinity for digital assets, including efforts to permit wider use in defined contribution plans.

Sam Waldon has returned to the role of acting director as the agency said it will announce a permanent replacement in the coming weeks. 

Once home to the pioneering Wilshire 5000 stock market gauge, the index provider failed to challenge dominant firms like MSCI and FTSE Russell.