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The Social Security Administration will officially announce the adjustment rate on October 12, and it is projected at less than half of last year’s 8.7% hike.

Five circuit courts have now heightened the standard for 401(k) participant lawsuits, but ERISA attorneys do not expect lawsuits challenging investment and recordkeeping fees to slow down.

The infrastructure fund allegedly did not disclose conflicts of interest and took actions without regard for their impact on investors.

Defined contribution plans grew at a rate of 12% to $10.2 trillion, according to ICI, even as separate Escalent research shows retirement plan participants lack know-how to manage...

Johnson Financial Group acquires Appleton Group; Bluespring Wealth Partners announces acquisition of Christopher Street Financial; Coutant Group joins UBS.

A Texas judge, appointed during the Trump administration, ruled that the DOL does not violate ERISA by permitting ESG in ERISA-governed plans.

The founder, former CEO and now chairman also says serving participants—in or out of plan—will be key to succeeding amid field of advisers and recordkeepers.

Toland leaves TIAA to start annuity consultancy; Jamie Hopkins moves to Bryn Mawr Trust as director of private wealth management; First Eagle Investments announces new high-yield municipal credit...

The deal expands NFP’s wealth management and retirement capabilities, while broadening its reach in the Western U.S.

The advisory head discusses the conflicts of interest risk in merging retirement plan advisement and wealth management, plus why he champions his firm’s fee-based model.

With student loan payments set to resume, Democrats in Congress proposed a bill last week that would prevent the government from garnishing Social Security benefits for non-tax federal...

Hartford announces 1st private-equity-focused fund; Intention.ly launches Advisor Brand Builder; Lincoln Financial introduces LincSmart.

Younger savers may be responding to financial hardship ranging from the pandemic to inflation, according to research from MassMutual.

A program starts in October giving plan sponsors the option for terminated small plans to automatically port to active 401(k)s if within a network of recordkeepers.

New rule means funds will have to derive 80% of their value from investments related to their official names.

The uptick comes as RIA M&A activity experienced a slowdown for the previous 12 months.

The business processes outsourcing provider will exit the flexible spending account business, and plan sponsors' accounts will transfer to HealthEquity in the first quarter of next year.

Members of both parties have criticized the SEC’s definition of ‘covered technology’ when it comes to using AI in financial services.

Equity from Carlyle will be used to advance CAPTRUST’s M&A strategy in both wealth management and retirement, says CAPTRUST president.

Junior advisers today may not fit the traditional mold, and firms should adapt to attract and retain talent, according to a panel of advisers.