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However, declining asset returns and interest rates could affect defined benefit plans over a longer time horizon, Milliman warned.

The legislation has stalled in the Senate, as other policy priorities loom before the August recess and midterm elections.

Many investors pay down the ‘wrong’ debt first, according to a recent study.

The Department of Labor cited an example from its proposed alts rule in siding with the employer. 

A Cerulli report found that 71% of recordkeepers call the pooled employer plans a major or moderate business priority.

The organization’s amicus brief backed Intel and warned that allowing lawsuits based on hindsight would fuel costly litigation and harm 401(k) participants.

IRI announces 2 board members; Anthony Provenzano joins Wagner Law Group; and July Business Services makes 2 senior leadership appointments.

Mariner, Cariloop provide family care, healthcare support; and Alight, BNY offer support for retirement plan administration, investing.

According to the National Association of Government Defined Contribution Administrators, 15 states currently allow for some automatic enrollment.

A joint EBRI / FINRA Investor Education Foundation study revealed that, even when controlling for demographic variables, positive relationships persist.

The manager will take over investment of $70 billion in defined benefit and defined contribution plan investments. 

Recent court decisions suggest that using consumer artificial intelligence tools for legal guidance could jeopardize privileged communications, but the law remains unsettled.

Insurer becomes the latest large corporate employer to add the comparison platform.

As hardships arise, employers rethink whether retirement plans should focus solely on preserving nest eggs—or also help workers weather today’s storm.

The Office of the Inspector General called for stronger oversight and controls for sharing confidential information.

According to the company, the nation’s highest court must rely on an ‘apples-to-apples comparison’ when judging alleged underperformance.

Philadelphia voters approved a city-run program, but the Alaska State Legislature failed to override the governor’s veto of its version.

According to a Georgetown report, plan sponsors should evaluate pooled employer plans’ fees, providers’ potential conflicts of interest and the challenges of exiting the plan.

Investment menu rulemaking and outstanding SECURE Act and SECURE 2.0 guidance dominated the regulators’ newly posted lists.

Less than one year after being authorized, and after multiple rounds of guidance, the accounts for children are active.