The use of stable value funds within defined contribution plans has evolved substantially in recent years and decades, with more changes right around the corner.
Until 401(k) plan sponsors are more comfortable offering in-plan retirement income products, the industry must find solutions to deliver nuanced advice around retirement income to low-balance investors, Cerulli...
Two national insurance advocacy groups have “reluctantly” joined the growing list of plaintiffs asking the federal courts to declare the DOL’s new fiduciary rule arbitrary and capricious.
The Institutional Retirement Income Council suggests that today’s structured retirement income products are far more portable and accessible than is commonly understood by plan sponsors.
Fidelity was trustee to the 401(k) plans in question, but the lawsuit says it failed to monitor its affiliate in the day-to-day management of the funds.