The rest of the year could be promising for DB plans, depending on the Fed’s stance on interest rates and the effect of the infrastructure bill and the...
J.P. Morgan AM launches lifetime income solution; Allianz Life partners with iJoin and IPX to offer guaranteed income option; Janus Henderson launches five actively managed sustainable exchange-traded funds;...
The complaint says Corteva Inc.’s ‘sleight of hand’ when determining when to label employees that were part of a spinoff as ‘terminated’ allowed it to deny promised benefits.
The IRS says it is modifying the procedures for the 403(b) pre-approved plan program to be more similar to those under the Internal Revenue Code (IRC) Section 401(a)...
A survey finds a majority of retirees are using RMDs for ‘guidance’ about how to spend down their assets, but experts say this doesn’t support spending trends in...
Legislation drafted as part of the Congressional budget reconciliation process includes a broad mandate for employers to offer retirement plans, along with language promoting guaranteed retirement income investments.
There’s little evidence of the practice among sustainable investments, says S&P, as investors increasingly want proof an investment is doing what it claims and is not just a...
Lincoln Financial Group announces executive leader succession plans; Thrivent Advisor Network expands management team; GTCR and Reverence Capital Partners add chief legal officer; and more.
The Department of Labor says the fiduciary diverted tens of millions of dollars in plan assets for their own personal benefit through a variety of illegal transactions.
The National Labor Relations Board found that the match formula stated in a memorandum of agreement between an employer and an employee union did not reflect what was...
Stakeholders take issue with the permissible investments under the PBGC’s interim final rule, among other things, and even if special financial assistance works, it is only a temporary...
With more than 3 million public school teachers in the U.S. workforce, public teacher retirement is a broad retirement security issue for Americans, according to the nonprofit group...