News

Industry pros know there are big differences between financial services providers in termsof  business models and their willingness to embrace fiduciary best practices—but many non-investors see a monolithic...

Similar to a lawsuit the firm settled a few years ago, a newly filed district court complaint says Transamerica “saddled its defined contribution plan participants with substandard investment...

For those 75 and older, out-of-pocket medical costs amount to 20% of their income.

New maximum civil penalties for failure to provide certain notices or other material information and for failure to provide certain multiemployer plan notices have been announced.

This year, we introduced a new column, Marketing Mechanics, to highlight novel ways retirement plan advisers are seeking new business.

ERISA lawsuits very often lead to settlements or dismissals, but 2018 brought a series of important and potentially precedent-setting decisions in both district and appellate courts.

Several commenters argued that without changes, the proposed rule would have little impact on expanding retirement plan coverage for American workers.

A look at some of the products and services retirement plan sponsors are requesting outside of 401(k) plans.

This year, the Practice Development column in PLANADVISER print explored various ways retirement plan advisers can expand their practices beyond 401(k)s, with the goals of adding new revenue...

From targeted education to utilizing investments, 2018 highlighted different areas of financial wellness. 

According to the SEC, two firms will collectively pay more than $1.8 million for violations related to share class disclosure failures.

The year that was brought significant regulatory developments from the Department of Labor, the Internal Revenue Service, the Securities and Exchange Commission and other government agencies.

The firm will be available as a standalone solution to Alight’s benefits administration clients, according to a release. 

Plaintiffs in the case say the appellate court held them to stricter pleading standards than it did plaintiffs in other Employee Retirement Income Security Act (ERISA) lawsuits.

The 2018 PLANSPONSOR Defined Contribution Survey finds that 403(b) plan sponsors offer more formal financial education/guidance on a variety of topics than the overall 4,000 defined contribution (DC)...

Aside from ensuring diversification, plan advisers can help refocus participants on their respective time horizons, whether it’s a Millennial looking at retirement 30 years down the line, or...

A lawsuit filed by a participant whose benefit liability was transferred to MetLife in a pension risk transfer (PRT) deal is still ongoing.

The council is asking the DOL to require sponsors to be familiar with the various security frameworks to protect retirement plan data.

The SEC says relationship documentation, portfolio reconciliation, and portfolio compression are important tools for increasing operational efficiency and reducing risk for security-based swaps entities.