Weekday news and analysis for retirement plan advisers
Thursday, July 03, 2025
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Supreme Court Seeks Input from Solicitor General in 401(k) Fees Case
Originally filed in 2021, the lawsuit alleges the company violated ERISA by retaining target-date funds that were high cost and underperformed their benchmarks.
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Parties Agree to $48.5M Settlement in Pentegra Fiduciary Breach Case
A jury awarded plaintiffs in the case, Khan et al. v. Board of Directors of Pentegra Defined Contribution Plan et al, more than $38 million in April,
following a week-long jury trial.
Today’s Most Read
1.
2026 PLANADVISER Adviser Value Survey
2.
Americans Ready—but Not Prepared—to Retire
3.
BlackRock Trends Report Points to More Retirement Income, Participant Communication
Auto-IRA Program Approved by Massachusetts Legislature
The FY 2026 budget bill includes the provision creating the Massachusetts Secure Choice program.
AI Firm Jump Announces Integrations with eMoney and RightCapital
The partnerships allow advisers to keep financial plans updated without manual data entry.
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