Opinions |
Recordkeepers Are the Key to PSN Auto-Portability
How PSN works to help job changers with small retirement account balances and why it operates as it does.
Tag: recordkeepers
Opinions |
How Plan Sponsors Can Benefit in the Evolving 401(k) Competitive Landscape
The key factors that differentiate between recordkeepers are changing, which means companies should adjust their requests for proposals accordingly.
Plan Security Relies on Vetting 3rd-Party Providers
As 3rd-party subcontractors continue to experience data breaches, plan sponsors must ensure they are asking the right questions about their...
Accenture Offers Insights Into Recordkeeper Competitiveness
Scale and specialization are cited as keys to success, says the research and consulting firm that just partnered with TIAA.
Voya Announces Acquisition of OneAmerica’s Retirement Plan Business
Deal will bring Voya more than $60 billion in AUA and new capabilities including employee stock ownership plans.
IPO Eyed for BlackRock-Backed 401(k) Plan Provider
Human Interest considering future listing after raising $267 million in latest fundraising.
Marta Norton Named Chief Investment Strategist of Empower
Norton is leaving Morningstar, where she held a similar position, for the newly created role at the recordkeeper and wealth...
Vanguard Group Appoints New CEO
Former head of BlackRock’s ETF division to take over CEO role at the Pennsylvania firm.
Benefits |
Paychex Seeks to Move ERISA Case Over Intercepted 401(k) Assets to Federal Court
Paychex plans to fight a New York retirement lawsuit, alleging fiduciary breach in federal court rather than state court.
Empower Names Former Fidelity Exec to New Enterprise Role
Dave Gray has been named executive vice president of enterprise solutions to expand customer offerings.
Benefits |
Plan Progress Webinar Series: Plan Benchmarking
Using retirement plan data and a mission statement to define and measure success.
Benefits |
Infosys Ransomware Breach Resolving, but Accounts Still Down
A cybersecurity breach affecting thousands of nonqualified compensation accounts is being resolved, but participant accounts remain days away from updates...
Benefits |
Recordkeeping, Insurance Platforms Disrupted by Infosys Cybersecurity Breach
Principal, T. Rowe Price, Vanguard and Ascensus note ongoing system issues due to a cybersecurity problem at a US-based division...
Infosys Cybersecurity Issue Hits Ascensus, Newport Nonqualified Platforms
Ascensus and its Newport Group-run nonqualified retirement systems have not been able to update participant accounts since November 2.
Alight Solutions Seeks Summary Judgement in 401(k) Theft Case
Alight claims Paula Disberry’s retirement lawsuit “arose out of the unfortunate theft,” of $750,000 in 401(k) assets, not fraud or...
Motion Seeks to Hold Alight Liable for Theft of 401(k) Assets
Plaintiff Paula Disberry has requested the court order restoration of her $750,000 in lost assets.
Whole Foods 401(k) Plan Sued
Plan participants working at Amazon subsidiary Whole Foods Market sued in Texas federal court.
Colgate-Palmolive Files Summary Judgment Motion for $750,00 Retirement Breach Lawsuit
Attorneys for the Colgate-Palmolive Employee Relations Committee seek to end the plan sponsor’s involvement in a lawsuit alleging fraudsters stole...
NAGDCA Publishes Fee Guide for Sponsors
The guide covers the pros and cons of various fee and fee structures.
Benefits |
Workers’ Retirement Savings Are Boosted By Access to Savings Tools
BlackRock and Human Interest found that the lack of access to a retirement plan is a ‘crucial’ factor to preventing...