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The new federal reporting provisions for pharmacy benefit managers are more than a generic transparency mandate, according to Groom Law Group lawyers.

A federal judge dismissed a complaint challenging Vanguard Marketing Corp.’s $100 fee for customers who close their brokerage accounts and transfer assets to competing investment firms.U.S. District Judge...

Osaic Affiliates With 2 Firms From LPL Financial; CAPTRUST acquires Alpha Cubed Investments; Bluespring Wealth Partners adds $2.3B with New England firm; and more.

The company was accused of mishandling forfeitures and having excessive plan fees.

Even US workers with access to retirement plans reported a median amount of $955 in savings in those plans, according to an analysis of Census Bureau data.  

The legislation would extend the filing deadline by nearly three months and expand the current electronic filing process.

The new law requiring pharmacy benefit managers to explain prescription drug costs could impact a key factor in retirement readiness.

Employees who invested in target-date funds were 13 percentage points more confident in reaching retirement goals than those who did not, according to Voya data.

Analysis of 401(k) settlements raises questions about who really benefits from ERISA litigation.

An appellate court ruling settled a lawsuit over whether a retired worker had properly changed his beneficiary. 

CAPTRUST grows in Kansas City with Meritage Portfolio Management acquisition; Cetera strengthens RIA platform with Plains Wealth Management; Merit Financial Advisors opens first office in Michigan; and more.

The legislation is likely to face Democratic opposition. 

Former Department of Labor officials and industry groups filed briefs opposing the current DOL’s position in litigation over the pension risk transfer transactions.

Under a recommendation approved by FASB, benefits will be valued by setting the discount rate equal to the assumed interest crediting rate.

Prizm, Holistiplan partner on 1-click insurance reviews for advisers; BlackRock, Partners Group launch private markets SMA; FINNY, Osaic bring AI-powered prospecting to advisers; and more.

Several large employers pledged to make matching contributions ahead of the secretary of the treasury’s announcement.

Retirement accounts were part of the debate about, but not included in, an executive order on housing affordability.

Former CIO Scott Duba was appointed president, and Will McGough is the new CIO.

DCIIA estimated an annual increase of about 2.5% from 2013 to 2023.