Participants | July 5th, 2023 PSNC 2023: Boosting Participant Engagement By implementing automatic features, using targeted communications and speaking to participants on a personal level, plan sponsors will be more...
Deals and People | June 30th, 2023 Retirement Industry People Moves T. Rowe Price names new head of global distribution; Bank of America announces Korkow president of Omaha; Northern Trust appoints...
Investing | June 29th, 2023 Fidelity to Convert More Than $13B of Mutual Funds to ETFs The Fidelity small cap enhanced index fund was included in nearly 100 defined contribution plans, according to Form 5500 filings....
Products | June 28th, 2023 Vestwell Announces Expansion of MEP and PEP Solutions In response to SECURE 2.0 permitting more flexibility for multiple and pooled employer plans, Vestwell is expanding its offerings for...
Compliance | June 7th, 2023 Financial Services Company CoreLogic Targeted in ERISA Suit The lawsuit seeks to recover retirement plan losses due to alleged mismanagement of CoreLogic’s 401(k) retirement plan.
Benefits | May 30th, 2023 Employers Plan to Cut Back on Benefits Amid Recession Fears 25% of HR leaders said they are cutting back on employee financial benefits to prepare for a recession, a Morgan...
Data and Research | May 23rd, 2023 Finance, Health Care Workers Are Top Retirement Contributors Workers employed in finance and health care industries were responsible for contributing the bulk of defined contribution retirement plan assets...
Ask the Experts | May 23rd, 2023 Are Emergency Savings Account Deferrals Subject to Nondiscrimination Testing? Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
Data and Research | May 19th, 2023 Higher Default Auto-Escalation Rates Could Mean Fewer Opt-Outs, Voya Study Shows 401(k) plan sponsors could increase their default escalation increment to 2% to boost employee savings, according to research by Voya.
Compliance | May 18th, 2023 Hankey Group ESOP Sued in Attempt to Capitalize on COVID-19’s Economic Effects A former ESOP participant claims fiduciaries created conditions forcing the sale of participants’ assets by attempting to take advantage of...
Compliance | May 17th, 2023 NAGDCA Asks for More Time on Roth Catch-Ups, Again Government plans will struggle to comply with SECURE 2.0 because of their administration requirements.
Compliance | May 16th, 2023 DOL Will Not Appeal 401(k) Rollover Rule, ASA Says The trade group that sued the DOL says the regulator will not insist that rollover advice should be subject to...
Deals and People | May 11th, 2023 Vestwell, JP Morgan Announce Partnership Vestwell will bring its digital recordkeeping platform to JP Morgan's 401(k) product for small businesses.
Data and Research | May 10th, 2023 Retirement, Broad Financial Fallout From COVID Continues A defined contribution industry survey finds lasting financial effects to retirement plan participants.
Products | May 9th, 2023 New Firm Seeks to Advise Plan Sponsors on How to Incorporate Annuities The fiduciary consultant is offering consulting and education for plan sponsors and participants on integrating annuities into 401(k) plans.
Deals and People | May 9th, 2023 TIAA Goes Outside the Firm to Fill New Role New EVP Melissa Kivett arrives from Prudential to help TIAA increase focus on the corporate retirement market.
Deals and People | May 1st, 2023 Retirement Industry People Moves Marathon Asset Management adds Boyle as managing director; Fiduciary Trust announces Queler as head of wealth management; and more.
Products | April 27th, 2023 Investment Product and Service Launches Nationwide adds in-plan guarantee for managed accounts; Alto announces capital-raising platform to tap IRA Funds; and more.
Benefits | April 26th, 2023 October Three’s New Plan Design Includes Guaranteed Lifetime Income The consulting firm announced the launch of its new retirement solution, O3 Prime, which offers a 401(k) account in tandem...
Compliance | April 25th, 2023 Judge Says 401(k) Litigants Should Prepare For Trial The 2020 excessive fees 401(k) lawsuit against a medical products manufacturer is on the eve of a trial.