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IRS Rules on Mergers Involving DB Plans That Have Received SFA
If a plan that received special financial assistance merges with an ongoing plan, the ongoing plan is not considered to be in critical status.
Investment Product and Service Launches
UBS launches U.S. version of Climate Aware Equity Index, and Vanguard makes Global Positive Impact Stock Fund available.
2022 Exploring ESG Investing
November 10, 2022 | Virtual Conference
Resignation Stress Squeezes Governmental Employers, Too
Mirroring the private sector, employee separations are elevated across state and local government employers.
Midsize Health System Latest to Face ERISA Challenge
The complaint suggests that, as of the end of 2020, the 401(k) plan at issue had over $465 million in net assets under management.
Equitable Financial Settles SEC Charges for $50M
The market regulator says the firm provided misleading account statements to investors.
Americans’ Retirement Expectations Remain Fluid
Survey results from WTW show the pandemic has changed the way different age groups set retirement expectations.
Maryland Medical System Lawsuit Clears Dismissal
The text of the ruling takes just 13 pages to note that the facts of the case, as pleaded, are sufficient in the eyes of the court to...
A Social Security Solvency Q&A
Joe Elsasser, Covisum’s founder and president, gives his view of the 2022 Social Security Board of Trustees solvency report.
2022 PRACTICE PROGRESS Webinar Series: The Latest on Managed Accounts
Sources say managed account programs are poised for continued growth, especially as more firms have announced plans to make them a strategic priority. Join us at 2 p.m....
DOL’s ERISA Lawsuit Targets MEP Administrator
Kentucky mining industry plan fiduciaries face allegations that they failed to remit participant salary deferrals.
Retirement Industry People Moves
SageView appoints former Goldman director as COO; NEPC expands corporate consulting teams; Edelman Financial Engines appoints chief product and technology officer; and more.
Hub International Announces Benefits SmartView Platform
The platform gives employers insight on how to optimize their benefits programs as they look to attract and retain talent.
Investment Product and Service Launches
Wilshire brings to market third-gen factor index series and Northern Trust Front Office Solutions enhances liquidity management solutions for asset owners.
Wealth M&A Slows, but Strategic Deals Continue to Be Inked
Alera Group, a national insurance and wealth services firm, is among the latest established entities to begin picking up smaller independent wealth management shops in key markets.
On the Future of Tech Stocks
A new analysis shows the MSCI World Information Technology Index reach a valuation peak in January, clocking the tech sector’s highest valuation level since the dot-com bubble burst.
401(k) Investors Had an Active Trading Month in June
The latest data from Alight Solutions shows five above-normal trading days in June.
SEC Votes in Favor of Proxy Voting Advice Rule Amendments
According to a statement from the SEC, the amendments address concerns voiced by investors and industry stakeholders regarding the proxy voting advice rules established under the Trump administration.
MEP Fee Lawsuit Reaches Settlement
Case documents show the parties engaged in extensive negotiations before reaching a proposed $1.1 million settlement agreement.
Retirement Income Evolution
Experts agree that few defined contribution retirement plan participants can successfully manage their retirement spending on their own, meaning it is crucial for advisers and providers to help...