Participants

A joint Western & Southern and LIMRA study finds that 44% of respondents did not understand what a retirement income plan entails.

The company announced this week it will offer emergency savings accounts in 2024.

The majority of plan sponsors with the goal of mitigating pension plan risks are looking to fully divest their company’s pension liabilities, according to MetLife. 

Recorded sessions offer the insights and education on plan administration and compliance plan sponsors need to help employees create good financial outcomes.

A law firm has sued four defined pension plans over the last six weeks alleging fiduciaries violated ERISA and shortchanged vested participants.

In addition to wage increases and an end to wage tiers, the United Auto Workers are demanding the return of defined benefit pension plans, as well as retiree...

Home-related expenses were 5 times more likely to drive spending volatility for retirees than health-related expenses, according to data from T. Rowe Price. 

More employers are considering in-plan decumulation options.

Airline employees enrolled in an emergency savings program have also increased their 401(k) contributions.

Plan sponsors have increased their focus on delivering expanded benefits and employee financial wellness programs in defined contribution plans, according to JP Morgan Asset Management.

Plan participants born after 2000 raised their retirement contributions and invested in cryptocurrency and non-fungible tokens at higher rates than adjacent age cohorts, according to recent research.

The Department of Labor’s complaint may indicate health care regulations are going the way of rules for retirement plans. 

More women than men ages 61 to 65 are interested in securing guaranteed lifetime income sources, presenting an opportunity for retirement plan sponsors and advisers, research shows.   

The former director of human resources at alternatives specialist Weiss-Multi-Strategy Advisers has sued the company, adviser subsidiary and retirement plan trustee George A. Weiss.   

Reframing wording for employee contributions and presenting higher default savings options are effective strategies, according to Voya research.

By implementing automatic features, using targeted communications and speaking to participants on a personal level, plan sponsors will be more successful in driving engagement, according to experts.

The Department of Labor has alleged one fiduciary breach against the plan’s trustees for operating with negative assets in six of the last seven years.

The transaction with Legal & General and RGA is intended to secure the retirement benefits of more than 4,000 PPG retirees.

A panel hosted by EPI argues that older workers are stuck between retiring without enough money, or working beyond their desired age.