Search results for: a
Best Practices for Providers to Boost HSA Invested Assets
While health savings account assets have reached near $100 billion, account holders’ invested assets have increased slowly.
Deciphering Medicare Costs in Retirement
New research examines differences in spending between the two most popular Medicare plans.
Apex Group Expands Global Compliance Solutions to the U.S.
The expansion seeks to help address concerns about ESG, anti-money laundering and financial crime.
New Bill Seeks to Encourage 401(k) Investment in Alternative Assets
The Retirement Savings Modernization Act aims to clarify ERISA to incentivize retirement investment in assets such as real estate, private equity, and cryptocurrencies.
Settlement Reached with Couple that Lost Millions in Profit-Sharing Plan
The pair will pay more than $2 million to settle claims they invested assets in companies in which they had significant financial interest and in ways that would...
Participant Data is Key to Developing Better Financial Wellness Programs
Participants are comfortable with providing a variety of personal data points to their financial advisers, in the hopes that they will, in turn, receive more personalized and relevant...
Class Settlement Approved for AAA Carolinas ERISA Lawsuit
The lawsuit alleged fiduciary breaches to retirement plan participants from high fees and underperforming investments.
Study Finds Best Stock Gains Are Made Overnight
Although difficult to navigate the after-hours markets, a Bespoke study finds equities' returns are superior after hours.
Opportunities Increase for Advisers to Engage With BIPOC Savers
BIPOC workers less frequently access financial advice in 2022, while engagements for white workers are steady.
Retirement Experts Identify Possible Fixes to the Retirement Savings Gap
Professionals invited by the IAA discuss obstacles to retirement savings, and what can—and has been—done about them.
Home Depot Victorious in ERISA Suit
The judge ruled that even though Home Depot may have followed an imprudent process for choosing investments, the plaintiffs were unable to demonstrate an actual material loss as...
Interim Funding Bill Heads to President’s Desk
The House passes a continuing resolution to keep the government open and provide specific funding for aid to Ukraine and disaster relief in the U.S.
Retirement Industry People Moves
Katten names former SEC senior counsel as partner; OneDigital acquires KB Financial Companies; Marsh McLennan names president and CEO; and more.
Congressman Jim Himes Addresses Investment Adviser Association Forum
Congressman discusses pending retirement legislation, political polarization, sanctions policy.
Wells Fargo Is Targeted in ERISA Lawsuit Alleging Self-Dealing
The Wells Fargo retirement plan fiduciaries are accused of engaging in prohibited transactions and breaching their fiduciary duty to participants.
IRS Extends Plan Amendment Deadlines for CARES Act Provisions
Deadlines have also been extended to amend plans for certain provisions of the Taxpayer Certainty and Disaster Tax Relief Act.
Gomez Confirmed as New Head of EBSA
The full Senate voted, 49-36, to confirm Lisa Gomez as the new assistant secretary of labor for the Employee Benefits Security Administration.
Investment Product and Service Launches
New York Life launches Wealth Plus; Vanguard to liquidate U.S. Liquidity Factor ETF; John Hancock Investment Management announces ETF lineup changes; and more.
SEC Charges 16 Firms With Failing to Preserve Electronic Communications
The firms have admitted to the wrongdoing and will pay penalties of more than $1.1 billion.
Workers Worried About Inflation Are Delaying Retirement
A Nationwide Retirement Institute report shows a spike in workers who are feeling on ‘the wrong track’ for retirement.