Retirement Confidence Remains High, As Does Interest in Income Options
EBRI's most recent Retirement Confidence Survey found that 67% of workers and 78% of retirees reported being confident that they...
News
Beyond the Annuity Puzzle: Rewiring the Psychology of Lifetime Income
A closer look at what has been limited, so far, annuity adoption by plan sponsors and participants.
Product and Service Launches – 4/25/25
OneDigital implements Broadridge’s suite of solutions; Vanguard introduces fixed-income model portfolios for advisers; T. Rowe Price launches pension-linked emergency savings accounts;...
Questions About Service Provider Selection Stem From Pentegra MEP Case
The jury's verdict and monetary award may serve as a warning for other situations in which plan sponsors and service...
Senator Cassidy Proposes Workplace Benefits for Independent Workers
A white paper issued by the Senate HELP Committee Chair is meant to address the retirement readiness shortfalls for gig...
DOL Reconsidering Biden-Era ESG Considerations Rule
Although the rule survived several court challenges during the Biden administration, it is in jeopardy once again.
Inflows Into TIAA Traditional Hit 5-Year High
Market uncertainty has shifted investors toward safer investments, the firm says.
MEP Plan Participants Win in Jury Trial Against Pentegra
A jury awarded a class of more than 25,000 employees and retirees more than $38 million.
Human Interest Launches Platform to Streamline 401(k) Management
The company says the launch comes after 50,000 hours in product and engineering over the last year in direct consultation...
Concern About More Litigation Follows Supreme Court’s Cornell Decision
Industry experts responded to the recent Supreme Court ruling, which lowered the bar for plaintiffs alleging prohibited transactions, with concern...
House Bill Would Protect Retirees From Financial Fraud
If passed, local law enforcement would be eligible to use federal grant funding to investigate financial fraud against retirees.
Nomura to Acquire Macquarie’s US and European Asset Management Business
The acquisition, which brings over $180 billion in assets under management, will also give Nomura a wealth management channel in...
Comparing Insured and Non-Insured Payout Options
A recent issue brief from the American Academy of Actuaries examines the insured and non-insured options currently available that can...
What to Know About Pharmacy Benefit Managers
Experts speaking during a recent PLANSPONSOR Roadmap session discussed how pharmacy benefit managers drive the cost of prescription drugs and...
Supreme Court Wants Solicitor General Opinion on Excessive Fee 401(k) Case
District and appellate courts have split opinions about whether the burden of proof in the excessive fee case falls on...
Trump Issues Executive Order About PBM Compensation
The executive order signed last week requires the Secretary of Labor to propose regulations to improve transparency into compensation of pharmacy benefit managers.
Despite April Funding Downturn, Opportunities for Pension Derisking Remain
There is a “critical window of opportunity” for plans to strategically pursue a partial or full pension risk transfer, according...
Supreme Court Rules For Workers in Cornell 403(b) Plan Lawsuit
The ruling means Cornell employees can again challenge the university about claims of excessive recordkeeping fees in the school’s defined...
Product and Service Launches – 4/17/25
OneDigital enhances benefits capabilities with BoliColi acquisition; IRALOGIX launches a retirement preparedness benchmark; Mercer Advisors expands its family office services;...
Plan Sponsors Remain Focused on Workforce Retirement Benefits
Repositioning defined contribution plans as income programs could be the best path forward, according to a recent MetLife study.