Plaintiffs File Dueling Motions in NYC Pension Funds ESG Lawsuit
Plaintiffs seek to add former U.S. Labor Secretary Eugene Scalia to their legal team.
Tag: retirement savings
Benefits |
Senate Committee Passes Bill Permitting Marijuana Industry Employers to Sponsor Retirement Plans
The SAFER Banking Act would permit marijuana firms to access banking and financial services, including retirement plans.
Benefits |
Plan Sponsors Offering Wellness Resources See Increased Worker Satisfaction
Bank of America recommends plan sponsors act to promote greater employee retirement readiness.
Defined Contribution Plans Climb for 4th Straight Quarter
U.S. retirement plan assets increased at a rate of 12% to $10.2 trillion, according to ICI, even as separate Escalent...
Benefits |
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...
Benefits |
Delta Debuts Financial Wellness Program for Non-US Employees
In a partnership with Nudge Global, Delta will offer a new financial education program and reward workers with the local...
The Impact of Spending Spikes on Retirement Readiness
Report reveals that higher credit card debt is associated with lower 401(k) contributions and account balances.
DOL Sues Firm for Pocketing Participants’ 401(k) Assets
The Department of Labor sued Minnesota technology consultant Virtual Matrix after an investigation found fiduciaries of the profit-sharing plan permitted...
Benefits |
How Plan Sponsors Are Working to Close the Gender Savings Gap
With women still lagging in retirement savings, plan sponsors are making changes across retirement, health care and financial wellness to...
Examining the Effects of Changes to UK Auto-Enrollment
A study examined what would happen if the minimum earning threshold for UK auto-enrollment was removed, identifying positive and negative...
Lines Between Work and Retirement Are Blurring, Research Finds
A new paper from Transamerica and MIT AgeLab shows how planning for retirement is linked to overall well-being.
Judge Sets Trial Date for American Airlines ESG Lawsuit
The airline has sought to dismiss the litigation, but the trial could begin in late June of next year.
Plan Sponsors Push Toward Retirement Income, Financial Wellness Over Last Decade
Plan sponsors have increased their focus on delivering expanded benefits and employee financial wellness programs in defined contribution plans, according...
EBSA Plans Fiduciary Responsibilities Seminar in Los Angeles
The Department of Labor’s Employee Benefits Security Administration is bringing the regulator’s retirement plan compliance seminar to California.
Gen Z Workers Take Different Investing Approaches Than Older Generations
Plan participants born after 2000 raised their retirement contributions and invested in cryptocurrency and non-fungible tokens at higher rates than...
NYC Pensions Seek Dismissal of ESG Lawsuit
Attorneys for the funds argue in their motion that the complaint is ‘wasting the court’s time.’
DOL Lawsuit Alleges Participant Assets Locked by Fiduciaries
The department is seeking access to retirement assets owned by employees of a closed time-share-properties business in Houston.
Defendants List Narrowed on American Airlines ESG Lawsuit
Fidelity Institutional and Financial Engines Advisors, LLC were removed as defendants to the lawsuit, the court docket shows.
Women Addressing Lifetime Income More Than Men
More women than men ages 61 to 65 are interested in securing guaranteed lifetime income sources, presenting an opportunity for...
Benefits |
S Corporation ESOPs Result in Lower Quit Rates
Plan sponsors whose workforce has access to Employee Stock Ownership Plans may accrue benefits of reduced worker turnover, research shows....