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Weekday news and analysis for retirement plan advisers
Tuesday, May 27, 2025
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Compliance
DOJ, FTC State Position in ESG-Related Coal Suit Against Largest Asset Managers
PAPSCIO-052325-DOJ-Coal-Suit-1804940893
The DOJ has taken a side in a case accusing BlackRock, State Street and Vanguard of suppressing prices in the coal market.
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Data Breach at Alera Exposed Data of More Than 10,000 Individuals
An external breach, which occurred last summer, may have exposed retirement plan participants’ personal data, such as Social Security numbers and bank information.
Today’s Most Read
1. Second Lawsuit Filed Against Cigna Over 401(k) Plan Forfeitures
2. Gen Z, Millennials Redefining the Future of Work
3. Investors Concerned About the Big, Beautiful Bill's Section 899
House Bill Aims to Increase Oversight of Federal Retirement Thrift Investment Board
The legislation would establish an independent inspector general for the agency that administers the retirement plan for more than 7 million federal employees. 
Retirement Industry People Moves - 5/23/2025
TIAA expands its retirement product team; Mutual of America names a CFO; FINRA appoints a new public governor; and more.
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