News

The expanded portal will provide the same level of service to retirees (who are currently receiving a payment/annuity) that it does to those still employed (or who are...

American Century Investments to develop new equity and fixed income suite; HealthSavings Administrators releases HSA investment vehicle; DWS Group launches...

The program is becoming available on a rolling basis in local communities across the U.S. through MassMutual's network of financial advisers, currently 9,000 strong.

Of that amount, $395,000 will go to class counsel, and there were no conditions of change to plan design or processes in the settlement agreement.

Expert ERISA attorneys have been eagerly awaiting the Supreme Court’s decision in a case called Kisor v. Wilkie. The complicated ruling issued Wednesday is the most significant of the...

The proposal includes corrections, clarifications, and improvements to its regulations on Reportable Events, Premium Rates and others.

The lower chamber has voted to block funding for the SEC to implement and enforce Regulation Best Interest.

Women place more importance on advice that fits into their work or personal schedule, as opposed to men who place more importance on advice that alerts them to...

Auditors "can provide feedback on the effectiveness of, and suggestions for improving, processes and controls in place related to fiduciary responsibilities and efficient and effective plan operations,” said...

Anxiety about turning DC plan assets into a “lifetime retirement paycheck” in such a low-rate environment is keeping aging Americans in the workforce—including many who very likely have...

The Mesirow Financial Fiduciary Automation Service Technology provides broker-dealers the same automation and compliance engine that Mesirow uses to service its own 3(21) and 3(38) fiduciary service clients.

Club Vita looks at zip codes and other characteristics of the participants in DB plans to estimate longevity risk.

Forty-two percent don’t even know it is possible to keep assets in a plan once one leaves an employer.

By the time the 5th Circuit vacated the DOL fiduciary rule expansion last year, advisory and brokerage firms had spent many millions of dollars to comply with the...

Two newly announced acquisitions bring $2 billion in new client assets.

Financial stress is on the rise in all generations, indicating that financial wellness programs are missing the mark, according to PwC. A new survey report from the firm...

The affirmation once again shows how influential has been the Supreme Court’s 2014 decision known as Fifth Third v. Dudenhoeffer. It also presents an interpretation of how Fifth...

A BrightScope/ICI study also found collective investment trusts (CITs) accounted for a larger share of assets in larger plans than smaller plans.

Under the SEC’s final regulations, Form CRS requires less prescribed wording relative to the proposed version, meaning firms may generally use their own wording to address required topics...