Revenue sharing is declining among DC plans due to a push for lower fees plus the risk of lawsuits and higher insurance costs.
The endowment of Bowdoin College achieved a net return on investment of 57.4% for the fiscal year ended June 30.
Dini Ajmani resigned as assistant state treasurer in New Jersey to join the U.S. Department of the Treasury.
A federal court judge has rejected most of Centerra and Aon's requests to dismiss ERISA claims filed against them by Centerra participants.
Insurers suggest a checklist of best practices for sponsors to make their plans less vulnerable to ERISA fee lawsuits.
Michelle Richter has been named the executive director of the Institutional Retirement Income Council.
The defined contribution industry hopes the Supreme Court's decision to hear an ERISA case will provide more clarity for lower courts.
The DC industry wants more information on the potential impact of inflation, but sponsors aren’t in a crisis mode.
Participants in a 401(k) plan run by a successor to SeaWorld Parks & Entertainment filed suit, alleging a series of ERISA violations.
Fitch Ratings raised its outlook for New Jersey's debt to positive from negative, the third ratings agency to elevate the economic outlook.
An appeals court upheld a decision by a District Court supporting two Great-West entities against claims the firms charged excessive fees.
New York City council member Brad Lander won the Democratic primary for city comptroller, nearly assuring his election in November.
Some ERISA attorneys are using a Supreme Court ruling in a DB-plan case to seek dismissal of DC lawsuits — with little success so far.
The move by Vanguard and T. Rowe Price to outsource record-keeping technology management is seen as a harbinger of things to come.
A participant in a 401(k) plan run by Royal Caribbean sued Russell for breach of fiduciary duties regarding investments in the plan.
Amid big gains by big defined contribution managers, other players find ways to grow in influence and in AUM.
The 401(k) plans offered by multiple-employer plans are being challenged by participants who claim ERISA violations in plan management.
Participants in two Cornell University 403(b) plans are looking to resurrect allegations of ERISA violations previously dismissed.
A federal court rebuffed an attempt by Wells Fargo and others to dismiss an ERISA complaint filed by a participant in a company 401(k) plan.