News

The agency filed a brief in a federal appellate court case about whether Foot Locker misled employees upon conversion from a traditional pension to a cash balance plan.

The appellate court noted that under Amara, if the participants cannot get relief with their benefit claims, they can seek an equitable remedy for breach of fiduciary duty...

A new Beyond the Numbers blog post from the Bureau of Labor Statistics examines the real spending patterns of older Americans and their households.  

Results of the Federal Reserve’s latest Survey of Household Economics and Decisionmaking suggest income volatility has become a real hurdle to retirement saving and wealth forecasting. 

Northern Trust Asset Management adds Public Funds and Taft-Hartley leader; Securian expands footprint in Michigan; The Retirement Advantage hires regional sales consultant, and more.

A new PSCA survey finds many Millennial employees say student debt keeps them from saving for retirement—and even older workers widely carry at least some student debt. 

The decision was already cited in the Supreme Court's order regarding the Verizon pension risk transfer lawsuit.

The reasons people start saving for retirement can inform plan advisers and sponsors about educational nudges and plan design.

Employees globally are looking for more flexible retirement arrangements from employers and for governments to shore up Social Security programs.

The recent judgement against AIT Laboratories adds nearly $3.5 million to previous collections, now totaling more than $7 million. 

Written by Bruce Ashton of Drinker, Biddle & Reath, the paper discusses how an in-plan deferred income annuity retiree risks, and what steps a plan fiduciary should take...

Putnam Investments offers new strategies for uncertain markets; American Century Investments announces the public availability of AC Alternatives Long Short Fund; GSAM makes progress on planned merger of...

One accusation in the lawsuit is that Fidelity receives "kickbacks" from Financial Engines.

The roles assumed by investment managers, consultants and index providers in the evaluation of smart beta vary depending on AUM tiers of asset owners.

Many DC retirement plan participants have saved large sums without ever actually picking a stock, but that doesn’t mean their advisers can afford to lose touch with the...

Yet 91% say it is very or extremely important to help employees have a secure retirement.

The settlement agreement calls for Saint Francis Hospital to contribute $107 million to fund its pension plan.

A CRR Issue Brief says its study found parents' increase in retirement savings after children leave home is very small compared to that suggested by theory.

In a letter to the IRS, industry representatives say a couple of clarifications would help more DC plan participants take advantage of QLACs.

Just three states can boast a median retirement income figure above 70% of the median working wage in the state, a new Bankrate.com study shows.