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The update provided examples of securities in aggregate bond indices that would be considered investment-grade fixed-income securities for SFA investments.

Human Interest considering future listing after raising $267 million in latest fundraising. 

Without the assistance, the pension fund was predicted to become insolvent in 2034.

An interim report alleges subsidiaries of conglomerates like Cigna, CVS and UnitedHealth pushed customers to more expensive medicine.

Fees for mutual funds in defined contribution plans have declined about 60% this century, according to a new ICI report, though CITs loom as an even-cheaper competitor.

Matthew Eickman joins as chief legal officer as Jason Roberts’ ERISA legal practice aims to represent the broader footprint of its services.

The new board members have expertise in cyber risk management, policy development and regulatory compliance.

Equable projected that state and local public pension plans will have an average funded status of 80.6% in 2024. 

Nine insurance industry organizations and representatives have responded to the DOL’s rebuttal of the groups’ litigation against the rule as September implementation date nears.

Defined benefit pensions help with the three Rs of workforce management: recruitment, retention and retirement, per the National Institute on Retirement Security.  

For the third consecutive year, BlackRock’s survey finds at least 60% of respondents from all generations say they are worried about outliving their savings in retirement.

First Eagle Investments hires senior director of consultant relations; Vanguard Group head of Europe announces retirement; Manulife names head of insurance.

A Michigan federal judge approved a preliminary agreement in Garcia et al. v. Alticor Inc. et al.

Another strong month for pension funding status puts an ‘exclamation point’ on a strong run as the Fed ponders an interest rate drop.  

Principal brings second annuity with guaranteed lifetime income to market to meet ‘record wave’ of retirees; Broadridge adds values-based investing tool for advisers; and T. Rowe Price launches...

Deva Kyle, an experienced employee benefits expert, was nominated to become the next director of the Pension Benefit Guaranty Corporation.

The IRS has provided guidance on certain exceptions from the 10% tax penalty for emergency personal or family expenses and for survivors of domestic abuse.

Workers are looking to spend less on benefits and reduce costs where they can, according to new research from LIMRA. 

The House Committee on Education and the Workforce voted 23 to 18 to nullify the Retirement Security Rule.

A federal judge ruled the suit’s ‘theory of liability’ was too broad and dismissed the complaint, which focused on the use of plan forfeitures.