Tag: defined contribution retirement plans

Many claims from 2020 complaint were dismissed, leaving settlement subject to final approval at a September fairness hearing.   

New EVP Melissa Kivett arrives from Prudential to help TIAA increase focus on the corporate retirement market.

Despite the markets dragging down retirement account balances, a snapshot of early-2023 activity shows workers still saving.

The Department of Labor alleges a closed computer equipment supplier and services company abandoned responsibility for its profit-sharing plan in...

An annual American Century Investments survey revealed a major increase in acceptance and expectation of employers pushing employees to save...

LIMRA reports that retail annuities are booming, even as new research from PGIM shows that 34% of plan sponsors are...

After acquiring the Wilmington Trust CIT division from M&T Bank, new owners Madison Dearborn Partners opt for rebrand. 

Marathon Asset Management adds Boyle as managing director; Fiduciary Trust announces Queler as head of wealth management; and more.

The 2020 excessive fees 401(k) lawsuit against a medical products manufacturer is on the eve of a trial. 

Experts point out the many similarities between HSA contributions and 401(k) plan contributions at the PLANSPONSOR conference.

New state-facilitated initiatives may boost private sector plans, not crowd them out, a Pew analysis of federal data shows.

SECURE 2.0 brings opportunity, but also implementation, tracking and administrative questions, according to experts speaking on a PLANSPONSOR webinar.

There is an opportunity for asset managers to focus their distribution of retirement income products, as interest in keeping retired...

Millennial and older workers expect it will take greater than $1 million saved in a workplace retirement plan to retire...

A Republican-introduced bill in North Carolina would make it state policy to “assist private sector working households” in saving for...

According to a LIMRA study, women who work with a financial professional are more than twice as likely to have...

Industry experts polled for Transamerica research expect a wide range of financial well-being benefits will be common by 2026.

The new CEO arrives from American Century Investments to replace Sue Reibel, who retired at the end of 2022.

A federal judge rebuffed SeaWorld's motion to dismiss, but a second defendant was dismissed from the case.

Although plan sponsors and financial professionals foresee some differences, they all expect changes to the retirement industry by 2030.