News

The IRS says if a benefit formula applies solely to a highly compensated employee who is identified by name, it does not apply to a reasonable business classification.

A federal district court has ruled for a second time on litigation arising from a dispute over verbal and written beneficiary designations.

The tools can help retirement plan sponsor clients manage their fiduciary responsibilities.

The appellate court maintained that, under ERISA, a church plan must be established by a church, and Advocate Health Care Network's DB plan was not.

Financial wellness needs can be age-based, income-based, or based a number of other factors, so any financial wellness solution needs to address the broad spectrum of needs, says...

People on the move at Cetera Financial Group, Neuberger Berman, FinMason, Putnam Investments and more. 

A white paper from Paragon Alliance Group intends to aid defined contribution plan sponsors in deciding whether auto enrollment...

Financial research firm DST kasina finds only a minority of asset managers are fully leveraging the data they collect about financial advisers and their clients.

A retiree claims too many mailings sent to retirees and beneficiaries is incurring costs that affects what plans and plan participants pay.

The Pension Benefit Guaranty Corporation will pay retirement benefits for more than 21,000 current and future retirees of the Great Atlantic & Pacific Tea Co.

Transamerica attributes this, in part, to more institutions using plan advisers.

LPL announces changes to assist advisers and investors with DOL fiduciary rule change; Center for Fiduciary Management reveals stable value investment monitoring services; AssetMark updates “Investing Evolved” framework. 

Cerulli anticipates a continuing move to robo-advisers and changes in insurance company product fees.

Employers need to pay more attention to the sleep requirements and habits of employees, according to executives polled by McKinsey & Company.

Expense ratios for equity, hybrid, and bond mutual funds dropped in 2015 to the lowest level in at least 20 years, ICI says.

Advisers can play a major role in helping women by providing a fact-based estimate of their long-term care costs and setting up plan to pay for those costs.

A single basis point drop in the average U.S. retirement plan fee may not seem that significant, but magnified across hundreds of billions in assets it represents an...

Participants will be able to change how their current balance and future contributions are invested among their 401(k) plans' available investment options.

Firms that offer digital investment advice need sound governance and supervision, says the organization.

Net outflows from active funds totaled $3.9 billion during the month.