SEC’s Only Democratic Commissioner Leaves Agency
Caroline Crenshaw’s departure leaves the Securities and Exchange Commission with three Republican appointees, all of whom are known for deregulatory...
News
DOL Withdraws Support for Plaintiffs in Yale 403(b) Complaint
The Department of Labor pulled a 2023 amicus brief supporting Yale University employees that said their retirement plan had underperforming...
Latest ERISA Cases from Schlichter Bogard Address Voluntary Benefits
The complaints allege breaches of fiduciary duty related to the premiums charged for accident, critical illness, cancer and hospital indemnity...
A New Year of Evolution for Alts in DC Plans
Industry experts say 2026 will be defined by policy momentum and plan sponsor caution over alternative assets in defined contribution...
Cerity Partners Merges With Austin Private Wealth
The registered investment adviser, based in Austin, Texas, will operate under Cerity’s name.
Crossmark’s Doll Projects ‘High-Risk Bull Market’ in 2026
The US will remain a resilient economic growth engine, but the downside of the growth is upward pressure on inflation,...
Delta to Explore Settlement in ERISA Case Over Survivor Benefits
Plaintiffs agreed to participate in private mediation and stay a legal case that accuses the airline of spousal pension underpayment.
EBSA Broadens Compliance Program for ‘Delinquent’ Filers
Multiple employer welfare arrangements can now catch up on overdue filings without paying hefty penalties to the Department of Labor.
Expanded ABLE Account Eligibility Could Provide New Source of Retirement Income
Thanks to SECURE 2.0, people with disabilities acquired before age 46 can potentially take advantage of the savings account vehicles...
Simplifying Annuities Could Lead to Increased Take-Up
Guaranteed streams of income may seem a ‘no-brainer’ for retirees and sponsors, but hesitation to embrace one form of guaranteed...
How Income Floors Save Retirees From Underspending
Underspending is a common habit among retirees, but a minimum income with additional guaranteed sources can help retirees overcome fear...
Nuts & Bolts: In-Plan Annuities
As in-plan annuities gain interest among plan sponsors and retirees, retirement plan advisers need a clear understanding of what products...
AllianceBernstein Names Onur Erzan President
AllianceBernstein has named Onur Erzan as president, a role that was previously held by CEO Seth Bernstein since 2017.
Congress Introduces Bill to Make PBMs Fiduciaries
If passed, the legislation would require pharmacy benefit managers to act in the best interests of employees who rely on...
More Employers Offer Their Own Retirement Plans in Wake of State Auto-IRA Mandates
Research shows state mandate laws for individual retirement accounts access have led to businesses being more likely to offer their...
Nurses Left Out of DOE’s Higher Loan Limits for Professional Degrees
Student debt could be impacted by the DOE’s proposed restriction of higher federal graduate student loan limits to just 11...
Missing RMDs Cost Investors $1.7B in Penalties, per Vanguard
More than half of investors with IRA balances under $5,000 missed their required minimum distribution in 2024, according to research by Vanguard.
Advisory M&A News – 12/24/2025
Wealth Enhancement will acquire Aegis Financial and Dent Wealth Advisors; and United Capital Financial Advisors acquires Groebl Brothers.
Charles Schwab to Match Federal Contributions to Employees’ Children’s Trump Accounts
A U.S. Treasury pilot program pledges $1,000 to eligible children born in the U.S. between 2025 and 2028.
EBRI’s 2025 Lifetime Achievement Awards Commend 2 Industry Veterans
James A. Klein and Mathew Greenwald were recognized for ‘preserving, protecting and enhancing’ retirement security and benefits.