Compliance | March 25th, 2024 ERIC Joins Amicus Brief Defending Yale University The brief was filed to support Yale in the plaintiffs’ 2nd Circuit appeal of a 2023 jury verdict that was...
Benefits | March 22nd, 2024 Molina Healthcare Close to Win in ERISA Lawsuit A California federal judge’s ruling in an ERISA lawsuit against Molina Healthcare provides a window into this court’s thinking on...
Products | March 21st, 2024 Product and Service Launches TIAA Distributes Annuity to Empower DC plans; HSA Bank launches emergency savings accounts; Navia partnership launches custom 401(k) plans; and...
Deals and People | March 15th, 2024 Retirement Industry People Moves Malone to lead protected retirement sales at Nationwide; Definiti appoints new sales and ERISA leadership; Principal hires Bender to large...
Compliance | March 13th, 2024 Plaintiffs Request Judge Approve Settlement in ERISA Data Breach Lawsuit Attorneys for the plaintiffs in a case about cybersecurity liability for participant data asked a Georgia federal judge for final...
Deals and People | March 8th, 2024 Retirement Industry People Moves Great Gray Trust Co. names Craig McKenna sales head; PCS Retirement appoints new CEO; Aon adds a director to Chicago...
Benefits | March 6th, 2024 Dawn Foods Boosts Employer 401(k) Matching Contribution Michigan-based Dawn Foods Inc. changed its contribution matching formula to increase the total and reduce participants’ confusion.
Deals and People | February 23rd, 2024 Retirement Industry People Moves Alerus names top retirement services officer; Newport bolsters NQDC unit; T. Rowe board chair Stromberg steps down; and more.
Compliance | February 22nd, 2024 Judge Denies American Airlines’ Motion to Dismiss Federal judge allows lawsuit against American Airlines’ defined contribution plans to proceed.
Compliance | February 21st, 2024 Pennsylvania Federal Judge Orders RiversEdge Out of Retirement Plans A judge determined the retirement plan recordkeeper and third-party administrator misappropriated millions in clients’ plan assets.
Administration | February 21st, 2024 New York Life Forges Partnerships With MLB, US Soccer New York Life will be the official financial guidance partner of Major League Baseball and expanded its commitment to the...
Administration | February 16th, 2024 Lawsuit Targets Fiduciaries of Hess Corp. A lawsuit against the Hess Corp. alleges Hess plan fiduciaries included target-date mutual funds instead of collective investment trusts in...
Benefits | February 15th, 2024 DB Plans’ Experience Provides No Playbook for DC Plans to Incorporate Private Equity According to a Morningstar report, large private sector pension funds’ experience allocating to PE is not particularly instructive for defined...
Data and Research | February 14th, 2024 Target-Date Assets Reach Record High $3.5 Trillion in 2023 Fees continued to fall, performance rallied and assets grew, according to Sway Research.
Investing | February 12th, 2024 Insurance Broker’s PEP Launches for Private Equity, Venture Portfolio Firms San Francisco-based Woodruff Sawyer enters the pooled employer plan market, seeking to attract startup plans through the firm’s private equity...
Products | February 8th, 2024 Investment Product and Service Launches Voya officially launches dual QDIA; MassMutual introduces first sub-advised municipal bond strategy and selects sub-adviser; SEI signs on as trustee...
Administration | February 7th, 2024 How Sponsors Can Get the Most out of DC Plan Design Changes Annuities may be a hot topic, but sponsors can add the most value to plans by incorporating features like auto-enrollment...
Deals and People | February 2nd, 2024 Retirement Industry People Moves Gallagher names new DB leader; Northwestern Mutual makes further moves in succession planning; National Institute for Public Employee Health Care...
Compliance | January 19th, 2024 26 State Attorneys General Appeal Biden ESG Rule Decision Republicans appeal to the U.S. 5th Circuit Court of Appeals, requesting it strike down the rule that permits environmental, social...
Deals and People | January 12th, 2024 Retirement Industry People Moves NFP names Greene president of benefits unit; CFP Board appoints Boersen as chair; Carter joins Sanctuary Wealth; and more.