Another employer has been sued for its pension risk transfer (PRT) choice — alleging not only that a breach of fiduciary duty put pensions at risk, but that there were conflicts of interest in the ...

The parties in an excessive fee suit have settled for what is said to be the “largest ever of an ERISA case stemming from poorly performing investment options in a 401(k) plan.” The suit — filed in ...

As many Americans continue to feel the impact of inflation and high cost-of-living, Fidelity Investments’ 2025 New Year’s Financial Resolutions study finds that most plan to focus on living within ...

The attention-getting figure will play prominently in tax policy debates in the coming year, as the 2017 Tax Cuts and Jobs Act, then-President Trump’s signature tax overhaul, will expire on Dec. 31, ...

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 . . . In Watertown, New York, Grandma actually got run over by a ...

The ERISA Advisory Council (EAC) approved three recommendations for the Department of Labor (DOL) to consider regarding qualified default investment alternatives (QDIA).

What’s a safe withdrawal rate? That’s been the topic of debate going back several decades, as 4% generally has been considered a safe rate, but researchers at Morningstar are now recommending a lower ...

Mo., to be IRS Commissioner; and Frank Bisignano to be the Commissioner for the Social Security Administration (SSA) last ...

A federal appellate court has affirmed the dismissal of an excessive fee suit that had alleged “astronomical” fees.

It’s a vexing and frustrating issue—health and wellness programs worked so well; why aren’t financial wellness programs following suit, and why aren’t more employees taking advantage of these employer ...

Five years after enactment of the SECURE Act, new research suggests that more employers are primed to offer lifetime income options within their plans, but adoption of these products may be hindered ...

President-elect Donald Trump recently announced that he intends to nominate Rep. Lori Chavez-DeRemer (R-Ore.) to be Secretary of Labor in his incoming administration. The announcement caught many by ...