A court rejected a request by Barnabas Health to dismiss an ERISA lawsuit against the company and its fiduciaries filed by two participants.

During the first quarter of 2021, 30 ERISA-related lawsuits were filed and/or updated. Each instance represents the involved parties either reaching a settlement or filing an appeal, or a court decision was made. The parties involved in the ERISA lawsuits in the first quarter included 10 financial firms, two health care-related firms, two universities, and prominent companies such as Johnson & Johnson, Raytheon Co., General Electric Co., Intel Corp., Mercedes-Benz U.S. International Inc., and IBM, whose case was reviewed by the U.S. Supreme Court.

CalPERS, CDPQ and Federated Hermes are putting pressure on Berkshire Hathaway's board to make it clear how it is managing climate risks.

Participants in a 401(k) plan offered by Wesco Distribution have sued the company and plan fiduciaries alleging ERISA violations.

Edward Palmer has been appointed CIO at private markets firm Alpha Real Capital, a new position.

A federal court issued a divided opinion on claims from participants in a Schneider Electric retirement plan regarding ERISA violations.

A federal court judge rejected a request by Magna International of America to dismiss a lawsuit filed by former 401(k) plan participants.

A federal judge in North Carolina rejected a request by Coca-Cola Consolidated Inc. to dismiss an ERISA lawsuit involving its 401(k) plan.

Industrial properties could occupy a larger slice of asset owners’ portfolios due to huge investor interest.

Two pooled plan providers are wooing employers without 401(k) plans in a bid to establish themselves in the marketplace.

Consultants anticipate that 2021 will be another strong year when it comes to U.K. companies offloading pension risk.

Hedge fund managers are optimistic about 2021 given market opportunities and nascent investor interest in hedge funds as a bond substitute.

Companies have the option of making pension contributions with their own common stock, but there are risks.

In the target-date asset arena, collective investment trusts are growing faster than their still-larger mutual fund peers.

U.S. corporations with defined benefit plans have many ways to approach contributions in the wake of new funding relief.

Most Asia-Pacific investors expect a temporary inflation spike this year, but consultants urge allocations to ensure longer-term resilience.

Though allocations to Credit Suisse outside Greensill are unlikely to change, the recent scandal may impact the wider hedge funds industry.

J.C. Penney purchased a group annuity contract to transfer about $2.8 billion in pension liabilities to complete the plan termination.

Brevan Howard is making money for its billionaire co-founder Alan Howard and other partners through more than just hedge fund fees.

Private equity firms are barreling through records as they place bets on technological revolutions in numerous sectors.

Shareholders' rights to pursue securities fraud class actions based on corporate misstatements were the focus of Supreme Court arguments.

In an argument set for March 29, Goldman Sachs will urge the court to put new limits on class-action shareholder suits.

BlackRock agrees to settle a long-running lawsuit alleging ERISA violations in its employee 401(k) plan with a payout of $9.7 million.