A number of leading retirement industry groups — including the American Retirement Association — is asking the nation’s highest court to affirm a decision in favor of plan fiduciaries by both the ...
In what was described as one of a “series filed by the Department of Labor focused on ending the overuse of litigation against ERISA retirement plans and those who manage them,” the DOL has filed a ...
Alight announced this week that it is collaborating with financial services firm BNY to launch a retirement solution designed to offer retirement plan sponsors and participants greater support for ...
Commenting that “A five-year-old’s complaint that she has an earlier bedtime than her brother does not create a plausible inference that she is being treated unfairly if her brother is a senior in ...
Despite being granted a second opportunity to beef up their comparative fund argument that fiduciaries’ choice of a stable value fund was imprudent, the plaintiffs offered only a “barebones” ...
A new study finds that the growing adoption and effective use of artificial intelligence (AI) is transforming how financial advisors view their firms, as well as how they deliver client service and ...
Legislation was recently introduced in both the House and Senate that would create a new tax-advantaged account designed to receive income from name, image, and likeness (NIL) contracts for college ...
The 401(k) Experts, recently announced that it has acquired Pension Investors Corporation, a Florida-based third-party administrator (TPA) serving businesses, advisors, and CPAs.
Sometimes, even a good process produces disappointing results.” With those words U.S. Circuit Judge Stephanos Bibas dismissed a suit that had claimed a fiduciary breach in the selection and retention ...
In response to a call from a financial advisor in Maryland, the ERISA consultants at the Retirement Learning Center (RLC) address what the rules are for a separated participant taking penalty-free ...
The Employee Benefits Security Administration (EBSA) lacked adequate oversight, procedures and tracking mechanisms for its use of common interest agreements (CIA) with outside parties, according to a ...
Voya Financial’s survey of small business owners reveals that a large majority would find greater value from plan advisors who can help support their companies beyond retirement plans.
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