Vanguard Group revealed several changes to its target-date funds, resulting in lower fees.
ERISA fee litigation has driven up the cost and challenged the accessibility of fiduciary liability insurance for plan sponsors.
DC participants using self-directed brokerage accounts are older, earn higher salaries and have longer job tenure than other participants.
The move by Vanguard and T. Rowe Price to outsource record-keeping technology management is seen as a harbinger of things to come.
Principal Financial Group wraps up its integration of Wells Fargo & Co.'s record-keeping business and other benefits services.
Participants are benefiting from plan sponsors' adoption of recommendations for boosting outcomes, but there remains room for improvement.
T. Rowe Price agreed to transfer its retirement technology development and core operations to Fidelity National Information Services.
The 401(k) plans offered by multiple-employer plans are being challenged by participants who claim ERISA violations in plan management.
Lockheed Martin has changed its DC lineup to simplify choices, add equity exposure and encourage retired employees to keep assets in-plan.
Retaining retirees' assets is a rising trend among defined contribution plans, according to a PIMCO survey of DC consultants.
In the target-date asset arena, collective investment trusts are growing faster than their still-larger mutual fund peers.
Defined contribution executives say they plan to retain the strategies used during the COVID-19 outbreak in a post-pandemic environment.
CAPTRUST Financial Advisors acquired Cammack Retirement Group, marking CAPTRUST's 47th acquisition since 2006.
Blackstone plans to merge Alight Solutions with a special purpose acquisition company to create a new publicly traded company, Alight Inc.
Thanks to the Supreme Court, ERISA stock-drop cases remain a tough challenge for participants to even get to trial.
Fidelity announced it was cutting to $5 million from $100 million the target-date asset level sponsors would need to qualify for lower fees.
One year after the SECURE Act, some sponsors are trying to regain momentum to see if in-plan annuities make sense for their participants.
Vanguard Group is cutting to $5 million from $100 million the minimum investment needed by a DC plan for its target retirement funds.
Participants remain focused on nuts and bolts of their retirement plans despite U.S. political volatility.
Politics may change after Nov. 3, but retirement industry challenges will remain, say speakers and panelists at the DCW Fall Virtual Series.