Yum! Brands Partly Defeats Retirement Plan Eligibility Lawsuit
The plaintiff sued to seek recognition of his years of employment from 1995 through 2020 for purposes of calculating his...
News
ESOPs Benefit Plan Sponsors and Participants
Research examines how employee stock ownership plans have helped workers and employers alike throughout the COVID-19 pandemic.
Recordkeeper Empower Retirement Announces Name Change
The change, which will see the word ‘Retirement’ dropped from the recordkeeper’s name, represents the company’s efforts to enhance its...
Americans Focused on Financial Security and Planning
A New AIG Life & Retirement study shows respondents are focused on long-term financial planning, with many intending to seek help from a financial professional during 2022.
Court Denies Dismissal of Duke Energy ERISA Suit
The plaintiffs suggest the plan, its participants and beneficiaries have suffered ‘significant losses totaling millions of dollars,’ and a district...
Helping DB Plan Sponsors Consider Risks for Their Portfolios
Investment managers discuss opportunities moving forward for corporate defined benefit plans.
Advisers Say Clients Are Showing Increased Interest in ESG, Crypto Options
A new survey suggests advisers are also using social media more often to reach new clients, though many argue that better technology tools would greatly help with this.
FSI Partners With INROADS on Diversity and Inclusion Initiative
The two organizations will partner with FSI member firms to create mentorship opportunities and career pathways for young people in underserved communities.
AssetMark Launches Digital Prospecting Capability for Advisers
The new tool makes it easier for advisers to reach prospective clients and gain insight into their needs, preferences and interests.
Caution Clients Against IRA Asset Class Mistakes
A recent court case demonstrates why owners of self-directed IRAs should be careful about their investment strategies and asset classes—and...
IRS Identifies Changes to 403(b) Plans for Second Remedial Amendment Cycle
The 2022 Cumulative List will assist providers of Section 403(b) pre-approved plans applying to the IRS for opinion letters.
NYC Courier Faces ERISA Breach Lawsuit
The DOL has accused the plan sponsor and plan administrator of failing to operate the employer-sponsored 401(k) plan in the...
When Robo Advisers Struggle to Scale
While automated client service now plays a key role for many advisory firms, investors who accumulate substantial assets will always...
Will ETFs Ever Break Into the Retirement Plan Space?
The factors that make exchange-traded funds popular with individual investors and financial advisers might be moot points in most DC...
Bessemer Trust Company Faces ERISA Self-Dealing Lawsuit
The plaintiffs say the firm’s retirement plan was stuffed full of high-cost, proprietary funds.
Retirement Industry People Moves
NFP announces integration of Lenox Wealth Advisors with Wealthspire Advisors; AIG Retirement Services appoints market strategy and business development Leader;...
Judge Cites Recent Supreme Court Ruling in Denying Dismissal of Excessive Fee Suit
Participants in a terminated 403(b) plan challenged the use of actively managed funds and higher cost share classes.
Split Perspectives on Supreme Court’s New Ruling
Attorneys representing the plaintiffs in Hughes v. Northwestern University say the Supreme Court’s ruling strengthens fiduciary protections for retirement plan...
2022 PLANADVISER Award Season is Here
The deadline for Adviser of the Year nominations is nearly here! So is the deadline for entries for the Top...
Participants Reassess Their Retirement Savings and Readiness With the New Year
Following the economic impact of the COVID-19 pandemic, participants are shifting back to retirement planning.