Information about alternatives in DC plans should provide straightforward explanations about diversification and clear information about cost and liquidity.
Nationwide Retirement Solutions announces new product development leader; SEC Commissioner Hester Peirce to step down; Jackson Lewis names leader for ERISA complex litigation group; and more.
AllianceBernstein, Brookfield, Carlyle launch TAMP for DC plans; Berwyn Group releases death data detector; Aon launches digital placement exchange platform; and more.
In addition to extending the deadline for plans to permit distributions, the notice clarified reporting requirements for plan sponsors and insurance carriers.
The investment accounts for children promise simplicity, but financial experts say they are more likely to provide just another twist to the maze of savings vehicles.
The acting secretary of labor defended the administration’s fiscal 2027 budget as offering a more efficient approach to job training, while senators questioned cuts.