The largest military shipbuilding company in the United States has fended off most of a suit alleging a fiduciary breach over how it deployed plan forfeitures. Former participant Ethan Dean filed the ...
After having recently rebuffed a subpoena request by plaintiffs in a suit targeting managed account/rollover practices at TIAA, a federal judge has now significantly narrowed the scope of that suit.
With thousands of Americans turning 65 every day, new research finds that most retirees do not use — or may not know how to use — their retirement savings to generate steady income. Instead, many rely ...
Defined contribution plans have recently been criticized for favoring the wealthy. Over 60% of defined contribution accounts are held by people making under $100,000 annually. Only 11% are held by ...
The Pension Protection Act turned 20 this summer, and MFS took a comprehensive look back. The findings offer valuable perspective for advisors working to improve outcomes for the plan sponsors and ...
The IRS is expected to begin sending eligibility notices to tax filers who could qualify for the Saver’s Match. The Saver’s Match, which will take effect in 2027, replaces the Saver’s Credit and will ...
President Trump is expected to sign an executive order (EO) today, April 30, designed to expand access to retirement savings and strengthen financial security for American workers. The Executive Order ...
Senior Congressional Democrats and an Independent issued public letters to the Department of Justice (DOJ), FBI, and the Department of Labor (DOL) urging an investigation into supportive comment ...
The global investment management firm on Friday announced that early next year current President Onur Erzan will succeed Seth Bernstein as President and Chief Executive Officer. After leading ...
The check is in the mail. That’s something you said a way back, but after that, what happened is anyone’s guess. No cancelled check, and where even is that former participant? Uncashed retirement ...
Edelman Financial Engines (EFE) announced the appointment of Empower executive Tina Wilson to serve as Chief Retirement Officer, overseeing the firm’s Workplace, Retirement Plan Services, and Employee ...