Compliance | November 9th, 2023 Whole Foods 401(k) Plan Sued Plan participants working at Amazon subsidiary Whole Foods Market sued in Texas federal court.
Compliance | October 6th, 2023 Colgate-Palmolive Files Summary Judgment Motion for $750,00 Retirement Breach Lawsuit Attorneys for the Colgate-Palmolive Employee Relations Committee seek to end the plan sponsor’s involvement in a lawsuit alleging fraudsters stole...
Compliance | October 3rd, 2023 NAGDCA Publishes Fee Guide for Sponsors The guide covers the pros and cons of various fee and fee structures.
Benefits | September 22nd, 2023 Workers’ Retirement Savings Are Boosted By Access to Savings Tools BlackRock and Human Interest found that the lack of access to a retirement plan is a ‘crucial’ factor to preventing...
Deals and People | August 17th, 2023 Voya Financial Hires 2 to Grow Retirement Distribution Expanding its wealth solutions distribution business, Voya is seeking growth in new markets, including mid-market segments.
Compliance | June 27th, 2023 PSNC 2023: Cybersecurity Best Practices for Plan Sponsors Experts note the importance of participant education and reviewing insurance held by vendors.
Benefits | June 21st, 2023 Vanguard Lagged BlackRock, State Street on ESG Proposals Morningstar research examining a sample of shareholder proposals showed Vanguard opposed almost three-quarters of resolutions linked to environment, social and...
Benefits | June 15th, 2023 Participation Rates in 401(k) Plans Reach All-Time High Plan sponsors have driven plan participation in the last 15 years to a record high in 2022, Vanguard reports.
Deals and People | June 12th, 2023 Retirement Industry People Moves Mercer names Somers as investment director; new chief commercial officer at Alight Inc.; Voya selects leader for Midwest wealth solutions...
Deals and People | June 8th, 2023 Putnam CEO Reynolds Will Remain with Great-West Post Merger The CEO will stay at Great-West Lifeco with part of his focus on the firm's ongoing relationship with Franklin Templeton...
Compliance | June 7th, 2023 Financial Services Company CoreLogic Targeted in ERISA Suit The lawsuit seeks to recover retirement plan losses due to alleged mismanagement of CoreLogic’s 401(k) retirement plan.
Administration | June 5th, 2023 Use of RFPs Versus RFIs Contrast For Plan Sponsors Employers in disparate principal businesses approach RFPs versus RFIs differently, as plan sponsors perform searches for employee benefit providers
Deals and People | May 11th, 2023 Vestwell, JP Morgan Announce Partnership Vestwell will bring its digital recordkeeping platform to JP Morgan's 401(k) product for small businesses.
Deals and People | April 14th, 2023 Retirement Industry People Moves Rugel joins MassMutual as head of operations; BNP Paribas promotes José Placido to CEO and Jean-Yves Fillion to vice chairman;...
Administration | April 4th, 2023 TIAA Joins Major Recordkeepers in Portability Services Network The Retirement Clearinghouse, focused on the portability of retirement savings, continues to expand.
Deals and People | October 18th, 2022 The Standard Will Acquire Securian Financial’s Recordkeeping Business The Standard entered into the definitive agreement to grow its geographical footprint.
Deals and People | October 6th, 2022 Retirement Clearinghouse Announces Auto-Portability Network with Fidelity, Vanguard and Alight The Portability Services Network seeks help mitigate cash-out leakage and accelerate the nationwide adoption of auto-portability.
Products | September 15th, 2022 Vestwell Announces Vestwell Flex for 401(k) TPAs The firm offers a recordkeeping product that combines the Vestwell platform with the services of third-party administrator partners.
Data and Research | September 9th, 2021 Study Finds Advantages in Working With a Sole Recordkeeper The research highlights ways sponsors of multiple retirement plans can benefit from working with just one provider.
Products | September 1st, 2021 Newer Retirement Plan Providers Tout Their Value Proposition Using cost-effective digital platforms, a new generation of retirement plan providers strives to offer big-plan service to sponsors of small...