Yet another fiduciary breach suit not only alleges excessive recordkeeping and investment management fees and misuse of plan forfeitures, but also the failure to include a target date fund.
Well, here we are again at the end of yet another workweek . . . and yet, just look at what has happened to these guys and gals . . .
New research finds that, under certain scenarios, eligible Gen Z and Millennial savers could see a double-digit increase to their retirement wealth from the Saver's Match. What’s more, single women ...
The U.S. Senate on Monday voted overwhelmingly to confirm President Trump’s nominee — who also recently expressed some views on retirement policy — to serve as Secretary of the Treasury.
Plan fiduciaries have prevailed in a fiduciary breach suit challenging their selection of a set of target date funds and advisory services.
In what the firms describe as a first-of-its-kind collaboration, 401(k) fintech provider Pontera and wealthtech provider Orion have launched a new integration that will empower advisors to deliver ...
The Employee Benefits Security Administration (EBSA) is facing a fiscal cliff in March which could lead to a significant cutback in services and enforcement.
Responding to a recent call from a financial advisor in Virginia, the ERISA consultants at the Retirement Learning Center (RLC) address which provisions from the new RMD rules are delayed.
The fund in question is the Harbor Capital Appreciation Fund. The fiduciaries challenged are those of the Southwest Airlines Co. Retirement Savings Plan, the Southwest Airlines Co. 401 (k) Plan, and ...
The White House on Jan. 29 rescinded the OMB memo concerning the sweeping federal funding freeze announced just two days before. It is possible that the PBGC's Special Financial Assistance Program ...
The Social Security Administration (SSA) announced on Friday that it could take a year or longer to fully implement the repeal of the Windfall Elimination Provision (WEP) and Government Pension Offset ...
A recent survey posed an intriguing question: Why are employees not participating in their 401(k)s? The answer(s) were jaw-dropping. Now, I’ve previously expressed skepticism regarding workers’ ...