News

ESOP and ERISA Litigators Join McDermott Willl & Emery as Partners; IRI Names New President and CEO; Callan Adds Team Member to Capital Markets Group; and more.

At the extreme, EBRI estimates, out-of-pocket costs could reach $399,000 or more.

A test of the summary report found more than 90% of mutual fund investors agreed it was enough to help them stay informed and was a document they...

Fiduciary Tool Added to Broadridge Analytic Solution; SS&C Technologies Adds ERS Managed Account Solution to Recordkeeping Platform; BlackRock Launches Multiple ESG Funds and Tools; and more.

More than half say they would prefer guaranteed income of $660 a month over a $120,000 lump sum, LIMRA SRI found in a survey.

The solution uses new digital technology to help employees assess their individual financial wellness needs.

Those industry stakeholders disappointed by the limited scope of the proposed regulations can take heart in the fact that DOL staff calls for detailed commentary on ways the...

If convicted on all counts, they face up to 81 years in federal prison.

Pershing researchers warn that it is far harder for advisers to convey the uniqueness of their value propositions than is commonly assumed.

Not only does the solution help prevent 401(k) loan defaults when a participant experiences an involuntary job loss, it now covers voluntary job changes.

According to Brian Donohue, with October Three Consulting, the master strategy to get to full-funding-but-no-surplus on termination is to reduce plan risk by gradually changing the plan’s asset...

While it took on average 121 years for countries to adopt steam and motor ships after they were first invented, it took only 16 years for personal computers...

“We are committed to bringing America’s workers solutions designed to help them gain confidence and take action to efficiently prepare for health care expenses in retirement,” says John...

The researchers say their results imply that it may be useful to facilitate decision making, particularly among the less-educated, as well as to facilitate people committing to and...

Through this expansion, SEI’s BusinessWise program will deliver enhanced financial planning tool to help advisers make actionable plans for individual clients.

During a couple’s divorce proceedings, a property settlement awarded the ex-husband half of the ex-wife’s 401(k) balance and the entire amount in her individual retirement account (IRA), but...

Leading distributors are consolidating assets, and new groups are growing in influence.

Under DOL scrutiny, the Illinois-based employer has agreed to restore nearly $420,000 to its defined benefit pension plan.

The report also found a decline in future rates of mortality improvement. 

Twenty-nine percent say financial planning makes them feel “excited and inspired,” a survey by Northwestern Mutual found.