Latest News

Recordkeeper and wealth manager adds equity compensation administration and management with latest acquisition.

IRAs and defined contribution plans drove the growth in assets.

Plan sponsors, advisers and policy experts shared how they measure the effectiveness of their financial wellness programs during a recent webinar.

Mercer hires one new investment executive, promotes another; ERISA expert Wagner tapped for employee benefit leadership posts; Fiduciary Trust hires client development lead from Bernstein; and more.

The Federal Trade Commission filed a lawsuit against the largest PBMs, following its July report exposing the ‘opaque’ business practices of the ‘powerful middlemen.’

Vestwell, Commonwealth, FuturePlan partner to bring new pooled employer plan to market. 

FinFit partners with Sunny Day Fund to add emergency savings accounts; Equitable enhances flagship retirement solution for K-12 educators; Munich Re launches longevity reinsurance product for US and...

The ERISA Industry Committee argues that as fiduciaries, pharmacy benefit managers would be required to act participants’ best interest and work to keep plan costs low.

A 2024 T. Rowe Price study of DC plan consultants found that more plans are taking a stance on retirement income, but it is not a top priority...

Concerns about investment performance, inflation, taxes, Social Security and Medicare are top of mind, Wealth Enhancement survey finds.

The pharmacy benefit manager is accusing the Federal Trade Commission of illegally criticizing PBMs, which it holds responsible for inflating drug prices.

The 4th Circuit Court of Appeals will consider Genworth’s argument against class certification previously granted by a district court. 

The firm expects about 20% of funds to see changes in their ratings, most of which will be downgrades, as a result of the methodology change.

The IRS ‘grab bag’ notice provides several extended deadlines for both required and discretionary retirement plan amendments.

Under the ruling, participants are able to elect where they would like the employer’s nonelective contributions to be allocated, including to their HSA or student loan payments.

OneDigital welcomes Andrea Madonna as benefits consultant in Florida; Bitzer, Cox Cuerington join Franklin Templeton; IRALogix taps Haas as CFO; and more.

Despite improvement from last year, J.D. Power found that digital channels are often lacking and urges advisers to improve online experiences.

The council rounded up three days of QDIA discussion that focused primarily on creating a pension-like guaranteed income option in DC plans.

The group will discuss financial professionals’ obligations to clients in light of the court stays on the DOL’s retirement security rule. 

Milliman offers Candidly student loan certification solution; Capital Group launches active and passive TDF blend series; and more.