News Archives | Page 81 of 2527

Compliance | February 18th, 2021

Settlement Published in Raytheon ‘Actuarial Equivalence’ ERISA Suit

The text of the settlement agreement and its accompanying exhibitory documents stretches to nearly 300 pages, underscoring the complexity of the fiduciary issues at hand.

Products | February 18th, 2021

Investment Product and Service Launches

Vanguard releases international bond index fund; Putnam Investments will launch active ETF strategies; and Alger expands CIT offerings.

Benefits | February 18th, 2021

Why Retirement and Emergency Savings Need to Go Hand in Hand

Nearly 30% of workers have no emergency savings fund, leading many to raid their retirement accounts.

Administration | February 18th, 2021

Could There Be a Renewed Interest in DB Plans?

There are plan designs that decrease the risk and volatility for plan sponsors, and defined benefit plans offer the guaranteed lifetime income participants desire.

Data and Research | February 17th, 2021

The Pandemic Hasn’t Affected Retirement Savings Overall

Some Americans report having difficulty saving for retirement during the pandemic, but researchers found 401(k) contributions remained steady and mass withdrawals did not occur.

Investing | February 17th, 2021

Evaluating ‘To’ vs. ‘Through’ Glide Paths

The goal for account balances and participants’ distribution behavior at retirement can help plan sponsors determine which glide path is right.

Benefits | February 17th, 2021

Employers Begin to See Long-Term Value of Stock Options

Equity compensation has not traditionally been used for retirement savings, but there are ways to incorporate it into employees’ long-term financial plans.

Compliance | February 16th, 2021

No Entitlement to Summary Judgment in Lowe’s ERISA Case

There are so many arguments back and forth in a case alleging imprudence in investment choices for Lowe’s 401(k) plan that a judge said no one is entitled...

Products | February 16th, 2021

BPAS ‘Solutions Squad’ to Help on Technical Matters

It can also provide resources to help in working with legal counsel, accounting firms and regulators.

Deals and People | February 12th, 2021

Retirement Industry People Moves

TRA acquires R. Bruce Tanner & Associates; Leech Tishman adds veteran employee benefits attorney; and director and consulting actuary joins R&M.

Compliance | February 12th, 2021

T. Rowe Price ERISA Self-Dealing Lawsuit Will Go to Trial

Though he expressed doubt about plaintiffs’ path to victory in the lawsuit, a federal judge determined they met the minimum requirements to avoid summary judgment in favor of...

Compliance | February 11th, 2021

Washington Watchers See Good Prospects for Further Retirement Reforms

Among the potential retirement policy solutions that could become law in 2021 is a provision to allow 403(b) plans to access collective investment trusts, which can be beneficial...

Compliance | February 11th, 2021

Appellate Court Opens Door for New Complaint Against Georgetown

The appellate court found a lower court erred in denying the plaintiffs’ leave to amend their complaint, meaning the case over excessive fees in the university’s retirement plans...

Products | February 11th, 2021

Investment Product and Service Launches

Northern Trust enters alliance with IHS Market; Broadridge Financial Solutions and Third Economy create ESG advisory service; and Northern Trust grabs equity stake in EDS.

Products | February 11th, 2021

Transamerica Partners With Notarize on Online Notary Services

Their offering will enable participants to notarize important retirement plan documents without leaving their home.

Investing | February 11th, 2021

A Review of QDIA Regulations

Introduced as part of the Pension Protection Act of 2006, plan sponsors must follow certain rules to get the fiduciary protection that comes from offering qualified default investment...

Compliance | February 11th, 2021

Detailed Ruling Leaves Key Claims Standing in Land O’Lakes Suit

The mixed ruling comes in response to the Land O’Lakes defendants’ motion to dismiss the suit based on a lack of subject matter jurisdiction and failure to state...

Products | February 11th, 2021

Equitable Launches Open Architecture Platform for ERISA and Non-ERISA Plans

It also include 3(21), 3(38) and 3(16) fiduciary support for plan sponsors

Compliance | February 10th, 2021

Abbott Defendants Again Escape ERISA Cybersecurity Lawsuit

The court rejected claims in the amended complaint that Abbott’s decision to hire Alight Solutions, another defendant in the case, was a breach of the fiduciary duties of...

Benefits | February 10th, 2021

Wage Hike Meets Support and Opposition From Employers

Opponents say small business could suffer and cut benefits, such as employer contributions to retirement plans, as a result of a $15 minimum wage.

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