Deals and People | September 15th, 2022 EBRI CEO Lori Lucas Announces Pending Retirement Lucas will stay at the helm through the end of the year while helping the research group source its next...
Compliance | August 22nd, 2022 Plaintiffs Say Swiss Re Plan Fiduciaries Committed Breaches The plaintiffs suggest their retirement plan’s fiduciaries failed to fully disclose the expenses and risk of the plan’s investment options...
Compliance | August 18th, 2022 In Private Letter Ruling, IRS Permits DB-to-DC Asset Transfer The ruling only applies to the case at hand, but there are still lessons to be learned from an employer’s...
Compliance | August 1st, 2022 Where Does the Securing a Strong Retirement Act Stand? Experts are optimistic regarding the future of the retirement reform legislation that seeks to build on the SECURE Act, but...
Compliance | July 5th, 2022 Hopes Are High for Lame-Duck Passage of SECURE 2.0 One retirement industry policy expert says the conversations she is having on Capitol Hill make her optimistic that the ambitious...
Benefits | June 23rd, 2022 Balancing Business Needs and Participant Support Retirement plans must meet the needs of the participants invested in them, but they are also an important business tool.
Compliance | June 22nd, 2022 EARN Act Clears Senate Finance Committee For the second time in a little more than a week, a key Senate committee has advanced an important piece...
Compliance | June 16th, 2022 Senate Legislation Calls for Automatic 401(k) Transfers The bill would allow workers’ 401(k) accounts to be automatically rolled over from a previous employer to a new employer.
Compliance | June 14th, 2022 Retirement-Focused RISE & SHINE Act Clears Senate HELP Committee Backers of the bill say it will improve retirement security by creating additional protections for workers and retirement savers at...
Compliance | June 14th, 2022 PSNC 2022: Washington Update From shifting compliance deadlines to growing debate on ambitious retirement reform legislation, there is a lot happening in the nation’s...
Data and Research | May 24th, 2022 More Concern on the Doorstep of Retirement Last year, the percentage of working Americans nearing retirement age who felt financially prepared for retirement was 26%; this year,...
Benefits | April 12th, 2022 Comptroller Says MyCTSavings Is Important Part of Retirement System Framework Employers tout the savings opportunity and administrative help the state-run program provides.
Investing | March 29th, 2022 Retirement Account Assets Reached New High in 2021 In an economy with significant momentum but also headwinds and pain points, new data from the Investment Company Institute shows...
Data and Research | March 8th, 2022 Contemplating a 40-Year Retirement J.P. Morgan’s latest Guide to Retirement publication predicts many people, if they can retire in the traditional age range of...
Compliance | March 1st, 2022 Further Retirement Policy Reforms Possible in 2022 Among the bills to watch is the Lifetime Income For Employees Act, or the LIFE Act, for short.
Deals and People | February 25th, 2022 Principal Completes Wells Fargo Custody Client Transitions With the integration completed, Principal Custody Solutions now serves nearly 3,000 institutional clients representing more than $1 trillion in assets.
Compliance | February 16th, 2022 Industry Support Voiced for LIFE Act’s Introduction in House Financial services companies and retirement plan industry advocacy groups are rallying behind the legislation, which would allow plan sponsors to...
Products | February 2nd, 2022 Empower Retirement Reveals New, Shorter Name The company says it wants to help people achieve both short- and long-term financial goals, and the name change from...
Investing | December 27th, 2021 With Pandemic Lessons Learned, Institutional Investors Gear Up for 2022 The first year of the pandemic was defined by a flight to safety, while 2021 brought a risk-on stance and...
Benefits | September 10th, 2021 Defined Benefit vs. Defined Contribution: Understanding the Costs of Each There are instances where a DB plan is the more cost-effective option, but experts say the trend of lower DC...