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.
A district court in Colorado has granted in part and dismissed in part a motion from Great-West to dismiss a class action lawsuit alleging the company breached fiduciary...
Deferred income annuities can help reduce the overall cost of retirement, according to a research paper from Northwestern Mutual and a team of academic experts.
The good news from a new TIAA-CREF survey is that Americans acknowledge the importance of a lifetime income plan. The bad news: few take action to create one.
Many retirement savers are focused on income guarantees and establishing a level of protection against market volatility, according to the Allianz Life 2014 Market Perceptions Study.
Current workers and retirees would trade control of managing their retirement assets for investment growth, flexibility and guaranteed lifetime income in an income solution, a survey finds.
Alliance Benefit Group (ABG) has launched a new partnership with Hueler Income Solutions to expand participant access to institutionally priced lifetime income products.
Employees are recognizing that their financial vulnerabilities are most likely resulting from factors they can control rather than external factors such as the economy or stock market, a...