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Experts suggest plan sponsors pair automatic features with multichannel education and emphasize to workers that they should save for retirement at a rate higher than the enrolled minimum....

The plaintiffs suggest their retirement plan’s fiduciaries failed to fully disclose the expenses and risk of the plan’s investment options to participants and beneficiaries, among other allegations.

Insurance costs were muted during 2020, the first year of the COVID-19 pandemic, but they will return to rise at ‘more typical levels,’ research shows.

Schroders announces strategic changes to U.S. distribution team; Strategic Financial Solutions joins Commonwealth Financial Network; NexPoint distribution team makes four new hires in July; and more.

Similar groups of plaintiffs represented by law firm Capozzi Adler have met with mixed success in pursuing nearly identical claims.

Research shows that for low- and moderate-income workers, access to emergency savings accounts is likely to bolster retirement contributions and provide greater financial security. 

Allianz Life data show that the negative economic outlook is spilling into retirement worries for participants. 

For retirement plan participants with adult children who have returned home—so-called boomerang kids—Roth options can help.  

Vanguard will introduce environmental opportunities fund, while Lincoln Financial and Stadion Money Management partner on StoryLine Dynamic, a qualified default investment alternative program.

The ruling only applies to the case at hand, but there are still lessons to be learned from an employer’s successful appeal to transfer excess assets from a...

More than half of the respondents in an Empower survey plan to put more money into retirement savings as inflation and recession fears strike workers.

Misunderstandings, mistakes and myths concerning auto-features persist among plan sponsors, argues a senior retirement strategist at Capital Group.

An order against the firms, which were involved in lengthy litigation against Great-West, states that they behaved recklessly and unfairly in the pursuit of their claims.

In 2022’s second quarter, average retirement plan balances dropped less than the S&P, which was down 16.1% for the period.

The lawsuit comes as retirement plan sponsors and participants express increased interest in personalization and managed account services.

Although attention to workplace benefits has increased among employers, a new Transamerica Institute survey reveals a chasm between the benefits they value and those that workers prize.

An employer trade association criticizes the bill for excluding the commercial market from prescription drug reforms.

The defendants were accused of failing to monitor the average expense ratios charged to similarly sized plans for investment management fees and recordkeeping.

Among the latest major employers to be sued under ERISA for alleged underperformance of default investment options are Marsh & McLennan and Advance Publications.