Latest News

TIAA revamps its plan sponsor administration platform; small business retirement plan provider Ubiquity teams with bookkeeping firm Bench Accounting; SEI launches direct indexing investment strategies; and more.

Most Americans do not have a strategy to account for rising costs caused by increasingly frequent natural disasters.

A judge in the Western District of Missouri issued a final ruling in favor of a lawsuit filed by the Securities Industry and Financial Markets Association against two...

The acquisition is set to close in the first half of 2025.

Simfund data show target-date-fund assets, popular in retirement plans, boosted in part by passive investment inflows.

Lawsuits against Bank of America, Intuit and Qualcomm alleging improper use of forfeited plan funds are all either under consideration or moving ahead in district courts.

Vanguard has reallocated Oaktree’s advisement to two other current fund advisers.

People at or near retirement age are being targeted in hybrid scams involving imposter Social Security Administration employees. 

A bill introduced by California state senators proposes increased regulation on pharmacy benefit managers, which have come under fire recently.

Most investment consultants and research firms found that funded status remained flat in July, with some seeing slight declines. 

With the tropical storm causing extensive damage to homes and neighborhoods in the eastern US, plan participants can take out special disaster distributions from their retirement accounts if...

June 2024 data from Morningstar show collective investment trust target-dates account for 50.5% of assets, surpassing mutual fund target-dates.

The Department of Labor will move digital content to USA.gov in September to streamline information about federal benefits, including Social Security and Medicare.

John Hancock adds 2 trustees to its funds board; Prime Capital Financial appoints new regional wealth management lead; CFP Board names new managing director; and more.

Lincoln launches another in-plan retirement income product; Vontobel brings new actively managed mutual fund to US; and more. 

The Retiree Health Care Cost Estimate reveals that with health expenses for retirees up 5% since 2023, selecting better Medicare options could help many Americans.

Employees had accused the company of overcharging participants for bundled recordkeeper fees and failing to solicit competitive bids for lower-fee options.

A Schlichter Bogard-led complaint alleges that providers pushed participants into retirement advice that led to TIAA annuity investments.

The large recordkeeping firm announced that Stephan Scholl will continue as CEO and director until his replacement is confirmed. 

Monday’s market rout caught enough attention to send a relatively high number of 401(k) investors to safer assets, according to Alight tracking.