Employers Rank Health Care Cost Control as No. 1 Priority
The new top goal bumps talent attraction and retention down to third in an annual Brown & Brown study.
401(k) Forfeiture Case Against Northrup Grumman Dismissed
A federal judge ruled that the company did not breach its fiduciary duties by using 401(k) plan forfeitures to offset...
J&J Employee Benefits Case Dismissed for Second Time
A federal judge ruled that allegations of Johnson & Johnson’s mismanagement of employee health plans’ prescription drug benefits remained too...
Retirement Industry Deals and People Moves – 12/5/2025
DPL names chief distribution officer; Wealth Consulting Group names chief financial officer; Christopher Gandy elected president of NAIFA; and more.
Roth Rollovers Expansion Bill Reintroduced in Congress
The House and Senate bills would help workers consolidate retirement savings by allowing rollovers from Roth IRAs into employer-sponsored Roth...
Required Amendments for Qualified Plans, 403(b)s Issued by IRS
Many retirement plans may need amendments to meet regulatory updates regarding required minimum distributions and SECURE and SECURE 2.0 provisions.
Market-Based Cash Balance Plans Could Be Lifetime Income Solution, per October Three
October Three argues these specific cash balance options can achieve lifetime income through regular payouts to retirees.
Plaintiffs Drop Appeal of Home Depot ERISA Case
A district court judge ruled that The Home Depot did not breach its fiduciary duties in its use of retirement...
Product & Service Launches – 12/4/2025
Capital Group, KKR develop offerings to broaden access to private markets; Zocks, eMoney provide AI-powered document intelligence enhancement; InspereX, Luma,...
IRIC Foresees Broader In-Plan Retirement Income Adoption in 2026
This year saw expanding selection of target-date funds, annuity marketplaces, systematic withdrawal programs and other income solutions, according to the...
House Committee Advances Bipartisan ‘INVEST’ Act
The 64-page bill proposes a new certification exam for ‘accredited investors’ and would allow 403(b) plans to invest in the...
TIAA, Vanguard to Offer Target-Date Lifetime Income CIT Series
The product embeds the TIAA Secure Income Account, a fixed annuity, in a target-date fund.
IRS, Treasury Explain How to Open ‘Trump Accounts’
These are the first official rules for a new kind of tax-advantaged savings account designed for minors born from 2025...
ERISA Lawsuits Spark Partisan House Committee Debate
House Republicans’ remarks on ‘predatory’ prohibited transaction claims came shortly after SEC Chairman Paul Atkins pushed for deregulation at the...
Joint Amicus Brief Backs Dismissal of 401(k) Forfeiture Complaint Against Wells Fargo
The ERISA Industry Committee and its coalition said that the IRS has consistently taken the position that forfeitures can be...
CITs Are ‘Ideal’ for Access to Private Markets, per Cerulli
Most asset managers that Cerulli Associates surveyed said they planned to offer direct contribution plans a range of sub-asset classes...
U.S. Reps Introduce Bills on ERISA Litigation, Annuity Access
The two bills aim to discourage unmeritorious ERISA lawsuits and expand in-service rollover options.
TSP to Introduce Roth In-Plan Conversion Feature
Thrift Savings Plan participants and spousal beneficiaries can shift money from traditional, pre-tax TSP balances to Roth accounts without leaving...
Federal Appeal of DOL Fiduciary Rule Ends in Circuit Court
The Department of Labor has ended its defense of a 2024 fiduciary rule that would have brought retirement investment advice...
Advisory M&A News – 12/1/2025
Wells Fargo adviser team joins Ameriprise Financial; 2 Chicago advisers join Cetera Financial; Cetera acquires 2 former LPL advisers; and...