News

The lawsuit resembles many others that have been filed under the Employee Retirement Income Security Act (ERISA), suggesting an employer permitted excessive recordkeeping and mutual fund fees in...

In a statement to their clients, it was noted that Bob DiMeo, managing partner of DiMeo Schneider, and Mark Wetzel, president of Fiduciary Investment Advisors, have known each...

State Street Global Advisors makes changes to ETF suite, and Nationwide launches income solution ETF.

More than six years of litigation have preceded the announcement of a proposed settlement agreement in Hunter v. Berkshire Hathaway.

CoveredAdvisor2.0 is delivered in collaboration with Decisely Insurance Services and Humana.

The court says “actuarial equivalence” may be a term of art, but it is in fact left undefined by the federal statutes governing pension plans.

Services include a personalized financial planning experience for employees and an extension of high-quality institutional investment management for all the household’s accounts.

The Shell Oil Company, several of its executives and multiple business units of Fidelity are all named as co-defendants in a complex fiduciary breach lawsuit filed in Texas. 

Among its many popular provisions, the SECURE Act extended the age at which one must begin making withdrawals from tax advantaged savings.

The trend of small trades away from equities to fixed income funds seems to suggest participants were rebalancing their portfolios, not making drastic changes to their investment mix,...

The paperless onboarding process seeks to cut down on the time it takes to get people saving.

Acadian hires global equity research director; Maryland-based firm joins TRA; and Creative Planning acquires RIA firm.

The emergency savings solution is available automatically through MassMutual’s MapMyFinances financial wellness tool.

Repeating a number of excessive fee lawsuits filed, the complaint says the defendants did not try to “reduce the plan’s expenses or exercise appropriate judgment to scrutinize each investment...

The advisory, insurance and asset management industries have never been so ripe for consolidation, merger and acquisition experts agree.

PIMCO says that rather than go with an all-actively managed target-date fund (TDF) or an all-passively managed TDF, a mix of the two makes sense—and that there is...

Lincoln Financial Group and Capital Group combine TDFs and annuities; Federated Investors, Inc. to rename brand and ticker symbol; and...