SEC Proposes New Money Market Fund Rules
The proposed amendments are designed to address potential runs on money market funds during times of market stress.
Latest News
Lawmakers Introduce Legislation Regarding Retirement Account Withdrawals for Natural Disasters
The bipartisan bill automatically triggers tax relief if the president issues a federal disaster declaration.
Delta Air Line’s Interest Rate and Mortality Assumptions Challenged in Court
The plaintiffs in a new ERISA lawsuit suggest Delta Air Line’s pension plans’ annuity conversion factors were set decades ago, when mortality rates were significantly higher, and were...
2022 ERISA Plan Compliance Calendar
A schedule to help plan sponsors track important due dates for their plan
Benefits |
Addressing Employee Financial Wellness Needs in 2022
Their concerns have shifted, and some priorities have become more important during the pandemic, defining areas of focus for the coming year.
DC Specialists and Their Value to Plan Sponsors
Plan sponsors are paying more attention to the value DC specialists bring to the table, including increased attention to plan design review.
Groups Express Support for DOL’s Proposed ESG Rule
They made suggestions that addressed others’ concerns that plan fiduciaries would consider the language of the rule as a mandate to consider ESG factors in investment selection.
Financial Goal-Setting a Main Focus For Individuals Heading Into 2022
Financial actions taken during the pandemic are sticking, and a resolution can turn into a goal that endures for the long term, surveys find.
Transamerica Hit With Lawsuit Over Data Breach
A retirement plan participant says that, since the data breach, his personal information has been used to make fraudulent purchases and spam calls.
DOL Urged to Withdraw Proposal on ESG Investments in Retirement Plans
A group of senators and the ASA issued letters saying the newly proposed rule weakens protections for retirement plan investors and retirement plan sponsors.
Plan Sponsors Are Getting No Answers From Excessive Fee Lawsuits
Excessive fee lawsuit activity has ramped up with no major decisions by the courts; however, a pending decision by the U.S. Supreme Court in one case could impact...
Senators Ask IRS to Examine Policies on Survivors’ Pension Benefits
They say current regulatory guidance has led to members of the LGBTQIA+ community being denied survivor benefits after losing their life partner.
Retirement Industry People Moves
Amundi U.S. appoints head of ESG; Faegre Drinker names new partner; Aon hires global analytics and actuarial leader; and more.
Equity and Fixed-Income Investments Were No Help for DB Plan Funded Status in November
Defined benefit plan funded status is still up for the year, but there are several factors plan sponsors should consider as they set their risk tolerance for the...
Financial Advisers Boost Business Owners’ Retirement Confidence
Business owners are more confident in their retirement plans after working with a financial adviser, and many are starting to increase their communications with them.
Review of Oral Arguments in Northwestern University ERISA Case
Two attorneys say things so far look good for Northwestern University, meaning the court could raise pleading standards for plaintiffs in excessive fee lawsuits.
Products |
Investment Product and Service Launches
Nasdaq to offer Alpha Peer Universes; OneAmerica launches adviser managed account service; PGIM Investments launches new bond funds; and more.
Factors That Determine Whether the Time Is Right for PRT
Pension risk transfer activity is picking up, and plan sponsors have several considerations when implementing transactions.
Health Shocks Often Derail Financial Stability
A new survey shows workers’ ability to maintain or regain financial control after a serious, unexpected health event appears difficult.
Institutional Investors See Potential for Market Growth in 2022
Few institutional investors are making dramatic allocation changes for next year, but most will make tactical moves that reflect the new realities of the COVID era.