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Vanguard has reallocated Oaktree’s advisement to two other current fund advisers.

People at or near retirement age are being targeted in hybrid scams involving imposter Social Security Administration employees. 

A bill introduced by California state senators proposes increased regulation on pharmacy benefit managers, which have come under fire recently.

Most investment consultants and research firms found that funded status remained flat in July, with some seeing slight declines. 

With the tropical storm causing extensive damage to homes and neighborhoods in the eastern US, plan participants can take out special disaster distributions from their retirement accounts if...

June 2024 data from Morningstar show collective investment trust target-dates account for 50.5% of assets, surpassing mutual fund target-dates.

The Department of Labor will move digital content to USA.gov in September to streamline information about federal benefits, including Social Security and Medicare.

John Hancock adds 2 trustees to its funds board; Prime Capital Financial appoints new regional wealth management lead; CFP Board names new managing director; and more.

Lincoln launches another in-plan retirement income product; Vontobel brings new actively managed mutual fund to US; and more. 

The Retiree Health Care Cost Estimate reveals that with health expenses for retirees up 5% since 2023, selecting better Medicare options could help many Americans.

Employees had accused the company of overcharging participants for bundled recordkeeper fees and failing to solicit competitive bids for lower-fee options.

A Schlichter Bogard-led complaint alleges that providers pushed participants into retirement advice that led to TIAA annuity investments.

The large recordkeeping firm announced that Stephan Scholl will continue as CEO and director until his replacement is confirmed. 

Monday’s market rout caught enough attention to send a relatively high number of 401(k) investors to safer assets, according to Alight tracking.

Workers claiming Home Depot mismanaged their 401(k) plan investments saw the district court decision in Home Depot’s favor affirmed on appeal.

Meanwhile, the House Appropriations Committee recently proposed a budget that contained sharp cuts to the Employee Benefits Security Administration’s funding. 

Hits to the stock market mean participants will see retirement savings losses, so plan sponsors should have a communication plan in place to steady reactions. 

Wagner Law Group hires 3 senior attorneys; Petra Funds Group appoints Gajdjis as senior adviser; Prime Capital announces promotion of VanderLinde to president of Liberty Wealth Advisors; and...

Vault previously worked with recordkeepers like Voya and Schwab to provide student loan benefits to employees. 

The military shipbuilding company saw a significant decrease in employees taking out 401(k) loans after offering the financial wellness software Kashable as an alternative.