Latest News

Broadridge launches multi-jurisdictional private equity platform and GMO launches asset management platform for RIAs.

U.S. workers are feeling financially stressed because of inflation and want help from their employers to make optimal benefit selections.

Plaintiffs in the now-dismissed case sought to establish that ‘corporate-insider fiduciaries’ violated their duties of prudence in the operation of an employee stock ownership plan.

Business sentiment has remained steady, and some employers expect to increase retirement benefits for employees.  

The latest data from Alight Solutions show two above-normal trading days in August, with investors favoring equities during 13 of the 23 trading days.

The webcast will address challenges many women face in saving for retirement.

The judge also denies a bid by the U.S. Chamber of Commerce to file a ‘friend of the court’ brief in support of the fiduciary defendants.

The higher cost of employer-sponsored benefits has driven HR executives to get innovative during this year’s open enrollment.

The comment period of the DOL’s proposed amendment was scheduled to expire in late September, but the regulator says it will now accept comments through mid-November.

Several tailwinds are driving record growth in the pension risk transfer market. 

The lawsuit suggests Vernon and Shirley Hill invested as much as 70% of a profit-sharing plan’s assets in the stock of Metro Bank PLC, where Vernon Hill was...

CalSTRS will move 20% of its public equity portfolio to a passive, low-carbon strategy.

MetLife Investment Management to acquire Affirmative Investment Management; Commonwealth hires deputy general counsel and chief privacy officer; Millennium Trust names chief marketing officer; and more.

The state seeks to extend retirement benefits to the almost 150,000 private sector workers who lack access through an employer.

A new bulletin addresses the ‘independence’ requirement for accountants who audit employee benefit plans under the Employee Retirement Income Security Act. 

The use of self-insured group health plans varies around the U.S.

Truist Wealth announces a robo-adviser solution called Truist Invest and Retirement Plan Advisors reveals new managed account partnership.

The mixed dismissal motion ruling, which sides mostly with the plaintiffs, agrees with the defense that certain data-sharing among providers was not inherently problematic.

State and local defined benefit pension funds support environmental, social and governance shareholder resolutions at higher rates than do general shareholders, Morningstar research shows.