Vanguard Group Appoints New CEO
Former head of BlackRock’s ETF division to take over CEO role at the Pennsylvania firm.
Latest News
Benefits |
Industry Experts Reimagine How ‘Retirement Savings Can Build Wealth for Everybody’
In a webinar hosted by the Aspen Institute, retirement industry leaders discuss how the current defined contribution system fails to help disadvantaged workers save for retirement.
ERISA Advisory Council to Study QDIAs and Health Insurance Appeals Processes
The council will report on their findings to EBSA.
Record US Corporate Pension Funding Levels Largely Held Up in April
Drop in asset values was partly offset by another uptick in discount rates.
Fidelity Investments Reorganizes Rutland Square Trust II
Fidelity is seeking agreement from shareholders to reorganize funds offered through Fidelity Personal & Workplace Advisors LLC by RIA Strategic Advisers LLC funds.
Industry Groups Request SCOTUS Hearing for AT&T ERISA Case
A seven-year-old lawsuit concerning fee disclosure could be before the Supreme Court next term.
Dealing with Stress, Burnout in the HR, Benefits Department
With fatigue and exhaustion on the rise among HR leaders, plan sponsors are tasked with managing the stresses that their benefits teams face while also prioritizing the needs...
Appeals Court Revives Pension Case Against Northrop Grumman
For a second time, the 9th Circuit has resurrected a lawsuit that targeted the aerospace and defense company.
Retirement Industry People Moves
Devane named a director at SageView; Riley joins NEPC defined contribution team; AdvicePay promotes Lewis to president; and more.
Ann Orr Named New PBGC Acting Director
The Biden administration has not yet nominated a full director.
HSA Limits to Rise for 2025
Workers will be able to contribute $4,300 annually for self-only coverage and $8,550 for family coverage.
Saver’s Match Could Benefit Participants and Sponsors
Implementing the Saver’s Match may benefit plan sponsors in multiple ways, finds the Collaborative for Equitable Retirement Savings.
NIRS Offers Congress 6 Recommendations for Expanding Access to Private-Sector Pensions
The recommendations include: lower PBGC fees costs and allowing DC to DB transfers.
Products |
Product and Service Launches
Empower providing retirement plan administration to Arizona city; TruStage enhances annuity; Confluence Technologies announces analytics partnership; and more.
Products |
AllianceBernstein Expands Access to Secure Income Portfolio
Plan sponsors can access the AllianceBernstein Secure Income Portfolio.
DOL May Not Have the Authority Over IRAs It Thinks It Has
Critics of the Retirement Security Rule argue that at a minimum, DOL cannot regulate IRA to IRA rollovers.
Industry Leaders Address ‘Revolutionizing America’s Retirement Landscape’
Speakers at the Milken Institute’s 2024 Global Conference discussed ways the industry can address longevity issues, access to retirement savings, economic inequality and more.
Participant Sues J.P. Morgan Over Data Breach
J.P. Morgan Chase & Co. was accused in a new lawsuit of not having sufficient procedures in place to prevent the recent data breach, which exposed participants’ personal...
Salesforce Agrees to Settle ERISA Lawsuits
San Francisco-based software company seeks a settlement in lawsuits that alleged the 401(k) plan charged participants excessive fees.
How Self-Auditing the Retirement Plan Prevents Compliance Issues Down the Line
The Department of Labor found many violations in retirement plan audits last year, likely because plan sponsors were not regularly self-auditing plan operations.