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The first lawsuit filed against the firm could be forced into arbitration—an outcome this new class action complaint seeks to avoid.

Plan fiduciaries were accused of causing the plans to pay unreasonable and excessive fees for recordkeeping and investments.

The equity markets dropped by nearly 50% during the Great Recession of 2008 and 2009, but retirement plan account balances of those who stayed the course recovered their...

Due dates for filings or actions that would otherwise have been due on or after April 1, and before July 15, have been extended to July 15.

Consultations with retirement plan participants it serves will address retirement plan account questions as well as broader personal financial issues.

The firm also says it has designed a process that will make adopting hardship and loan relief provisions as seamless as possible.

The defendants allegedly failed to enforce an online security question routine, in turn allowing an unknown individual to steal hundreds of thousands of dollars from an Abbott Labs...

With MyBlocks, investors work with an adviser.

COVID-19-related distributions will be capped at $100,000 with no mandatory tax withholding requirements and the ability to repay them.

Mercer adds health and benefits consultant in California office, and Ascensus names retirement plan VP for western division.

BNY Mellon expands investment lineup with ETFs, and American Century launches actively managed ETFs.

The recordkeeper is making the move in response to the CARES Act.

The firm is also offering free fiduciary and wellness services to employers.

One silver lining in the economic fallout of the coronavirus pandemic in the United States is the opportunity to re-educate people about risk and the role of guarantees.

Fee waivers, accelerated processing and educational resources are being offered.

The case in one in a string of lawsuits in which plaintiffs argued the company’s 401(k) plan fees were not properly controlled and that conflicts of interest damaged...

The firm says it hopes to help clients and participants during the coronavirus pandemic.

The IRS may determine that a ‘partial termination’ of a plan has occurred if a company undergoes sizable layoffs—but not furloughs—potentially impacting vesting schedules and other aspects of...