News

This summer, the Department of Labor (DOL) will be holding free seminars about fiduciary responsibilities in Hartford, Connecticut, and Oklahoma City, Oklahoma.

OneAmerica has launched its OneSolution platform, a collection of tools and services for employers to better manage their retirement plans and increase plan participation.

Archford Capital Strategies launched an FDIC-insured, bank-issued, principal-protected investment to help employee stock ownership plans (ESOPs) match future repurchase obligations.

MassMutual’s retirement services division launched an enhanced participant website designed to make it easier for employees to prepare for retirement.

Lincoln Financial Group has launched its Presidential Managed Risk Moderate Fund.

The Bank of New York Mellon is accepting new investors into the Mellon Stable Value Fund, a bank-sponsored collective investment fund for defined contribution benefit trusts.

The Insured Retirement Institute (IRI) released a new report showing Baby Boomers’ confidence in their plans for retirement continues to decline.

Giuliana Rivers joined benefits consulting firm Mercer within its defined contribution (DC) advisory practice.

AllianceBernstein LP, a global investment management firm, announced that Roberta Matheny has joined the firm as vice president and senior client service officer.

The Internal Revenue Service (IRS) has released guidance on the treatment of marriages of same-gender couples with regard to retirement plans.

Recordkeeping and custodial services provider Retirement Revolution added vWise’s SmartPlan Enterprise solution to its retirement plan product offerings.

A paper answering commonly asked questions about implementing automatic features for retirement plans is now available for plan sponsors.

The Securities and Exchange Commission (SEC) is again seeking public comment on rule amendments proposed in 2010 that would change the way target-date funds (TDFs) are marketed.

The Internal Revenue Service (IRS) will hold a phone forum next month about retirement plan terminations.

The U.S. Department of Labor (DOL) has filed a lawsuit to recover losses to the Cargill Heating & Air Conditioning Co. Inc. Savings Plan in La Crosse, Wisconsin.

An independent study from financial research firm MacroRisk Analytics suggests the fi360 Fiduciary Score, a proprietary mutual fund rating system, has a strong correlation to investment performance.

Advocate Health Care Network in Illinois is the latest pension plan sponsor facing a challenge to its plan’s status as a “church plan.”

A federal court refused to dismiss a lawsuit against Saint Peter’s Healthcare System, holding that its retirement plan is not a “church plan” under the Employee Retirement Income...

The U.S. Department of the Treasury and the Internal Revenue Service (IRS) have issued guidance designed to more easily facilitate the transfer of savings from one retirement plan...

The Department of Labor is hosting its free compliance assistance seminar in Memphis, Tennessee, and Madison, Wisconsin.