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The health insurance company and CEO Shelley Steele were accused of paying more than $100 million to themselves and affiliated businesses.

The airline points out in a motion to dismiss that the ESG-related funds in question were only available through the self-directed brokerage window.

Leaders in the PRT world argue that many criticisms of insurers are misguided and that the DOL’s IB 95-1 has been working well for a long time.

The majority of state retirement systems do not provide adequate retirement savings to departing employees, according to data from the Pew Charitable Trusts.

Ascensus expands NQDC sales team; The Standard promotes Angie Cuthill within individual annuities; Optima names Paul Fletcher head of its new asset and wealth business line; and more.

The three plans cover more than 30,000 participants across two states and Washington, D.C.

The aerospace and defense contractor was sued for allegedly failing to pay required long-term disability benefits to a disabled former employee.

ERISA Industry Committee asks Congress to reexamine plan sponsor premiums.

The pension fund sued Aon citing breach of contract, breach of fiduciary duty and negligence over accounting error.

Alight enhances work benefits platform; Midland updates fixed indexed annuities geared toward retirement income; Allianz launches buffered ETFs to guard against investment risk.

Fidelity Institutional and Financial Engines Advisors, LLC were removed as defendants to the lawsuit, the court docket shows.

The Conference Board finds that firms with remote work flexibility find it easier to keep their employees than those that don’t.

Workers have continued to prioritize 401(k) saving despite inflation and market volatility, data shows.

The Department of Labor’s complaint may indicate health care regulations are going the way of rules for retirement plans. 

High-income households increasingly hold larger retirement account balances than lower income households and are more likely to reap tax perks associated with workplace plans, GAO research shows.

The Department of Labor’s March 2022 attempt to regulate cryptocurrency investments has left numerous outstanding questions about its effect on brokerage windows.

Large plan sponsors explain what they look for in quarterly reviews of their plans' qualified default investment alternatives.

More women than men ages 61 to 65 are interested in securing guaranteed lifetime income sources, presenting an opportunity for retirement plan sponsors and advisers, research shows.   

Parise had been the asset manager’s practice lead for public retirement funds and Taft-Hartley DC plan business.