Corporate DC plans

Pew: States identify 3 options for broadening private-sector retirement access

At least half the states are implementing or considering retirement savings options for private-sector workers without access to them through their employers, a report released Wednesday by The Pew...

June 01, 2016 | 04:00 pm
American Airlines 401(k)s flying high

American Airlines 401(k)s flying high

Eighteen months after completing a merger with US Airways, American Airlines Group Inc. rolled out two new 401(k) investment menus focusing on consolidation, customization and greater simplicity for...

May 30, 2016
Delta 401(k) participants sue Fidelity alleging fiduciary breach

Delta 401(k) participants sue Fidelity alleging fiduciary breach

Participants in a Delta Air Lines Inc. 401(k) plan have sued units of Fidelity Investments, alleging fiduciary breaches in Fidelity's record-keeping role.

May 27, 2016 | 03:08 pm

M&T Bank DC participants sue company over alleged fiduciary breaches

Current and former participants in a defined contribution plan for M&T Bank Corp., Buffalo, N.Y., have sued plan fiduciaries and corporate executives alleging breaches of fiduciary duties based on...

May 17, 2016 | 03:04 pm

IBM chief investment officer to retire

Raymond Kanner is retiring as chief investment officer of International Business Machines Corp., an IBM spokesman confirmed Wednesday.

April 27, 2016 | 05:48 pm
Court rules in favor of DOL on charges that City National Bank breached fiduciary duties

Court rules in favor of DOL on charges that City National Bank breached fiduciary duties

A U.S. District Court judge in Los Angeles ruled for the Department of Labor in it allegation that executives of City National Corp. and City National Bank, Los Angeles, breached their fiduciary...

April 20, 2016 | 04:08 pm