Asset management firm Schroders and private markets platform provider Apollo have announced a strategic partnership to develop a “next generation” of wealth and retirement investment products aimed at ...
The parties in a suit that had originally focused on excessive 401(k) fees, and subsequently added charges related to the plan’s forfeiture reallocation practices have come to terms.
The always affable Matthew Wolniewicz, President of Income America, rarely dropped his smile as he recounted his recent diagnosis.
A near $15 billion 401(k) plan has been sued for retaining “underperforming” investment options, including a target-date fund — allegedly costing participants more than $318 million.
With healthcare costs climbing at more than twice the rate of Social Security cost-of-living adjustments (COLAs), a new report warns that they could eventually surpass benefits and eat into retirement ...
On Jan. 28, the President hosted a star-studded Trump Account Summit in Washington, D.C. to promote the program, featuring Gerstner, Shark Tank co-host Kevin O’Leary, and rapper Nicki Minaj.
According to new research by Fidelity Investments, retirement plan participants who receive an employer match for their student debt repayment could have an additional $200,000 in savings at ...
Noting that “the fiduciary-centered issue in this case — one of dozens percolating through the courts — lives in the heartland of those standards in which clarity, uniformity, and consistency must ...
"Recordkeepers should continue to remind plan sponsors and participants that these services are available to increase utilization and help improve outcomes.” ...
Just in case there was any doubt that the current Labor Department views the world differently than previous ones, two former DOL officials have now weighed in supporting the plaintiffs in an ERISA ...
Plaintiff law firm compensation often dwarfs the average compensation of participants in ERISA class action lawsuits, according to a survey published by Davis & Harman, an ERISA defense law firm.
In response to a call from a financial advisor in Pennsylvania, the ERISA consultants at the Retirement Learning Center (RLC) address a question concerning what the most common contribution formulas ...