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The telecommunications company argued that allegations that it failed in its fiduciary duties are misplaced and should fall to its independent fiduciary, SSGA.

The contracts, totaling $14.6 billion in premiums, represent a 26% increase from Q1 2023 and an all-time record, LIMRA reports.

How sponsors of defined benefit pension funds can enhance their maintenance of those offerings, plus considerations for including DB plans in the total retirement planning picture.

Plan sponsors discuss innovative ways in which they address disparities in savings and participation within their retirement plans.

The 2 grants total $90 million and will help cover about 2,000 workers.

Mercer offers private market investing access to individual cilents; Vanguard shifts an investment advisory firm on its Explorer Value Fund; Vestwell, J.P. Morgan offer partnered small plan 401(k)...

The Department of Labor remains focused on creating a missing participants database, as well as providing guidance on cybersecurity and lifetime income, according to the head of EBSA. 

Government support and the efforts of recordkeepers will be crucial to increase the use of annuities in target date funds.

A series of lawsuits have challenged how plan sponsors have used plan forfeitures to reduce employer contributions.

The law greatly incentivized DC plans over DB plans, according to experts at an ERISA at 50 symposium.

TIAA’s request to dismiss lawsuit alleging it used aggressive tactics to move participants from the plan into more costly managed accounts will move ahead.

Norton is leaving Morningstar, where she held a similar position, for the newly created role at the recordkeeper and wealth manager. 

The majority of savers don’t know about Social Security’s solvency issues; though once aware, the vast majority want the government to act, according to a new Peterson Foundation...

Walsh will focus on delivering Goldman Sachs investment solutions, advisory services and more to the largest defined contribution plan sponsors in the industry.

As defined benefit plan sponsors look to de-risk and offload pension liabilities, the selection of annuity providers has come under increased scrutiny in recent lawsuits.

Plan sponsors can consider plan conversions, similar to what IBM has done, hibernation or different investment strategies to reduce risk without transferring it.

The investment reviews will happen as plan sponsors are even less confident than are participants about employees’ ability to retire when they want to, MFS’ DC Plan Sponsor...

As 529 Savings Plans have become increasingly more flexible there has been growth in assets and account balances, but uptake may be hindered by a lack of understanding...

New York Life Group Benefit Solutions promotes two into expanded leadership roles; Ocorian taps Buick as CFO; Mao named nonresident scholar at Georgetown’s retirement center; and more.