LPL Financial will not sell its Worksite Financial Solutions 401(k) platform.

MetLife and Brighthouse Financial have been sued for failing to pay at least $500 million in retirement benefits to thousands of pension plan participants.

Vanguard Group has extended its grip on the target-date fund market, reaching $623 billion in assets at the end of 2017.

Capital Group has won a lawsuit alleging the company profited at the expense of its employees by loading its 401(k) plan with costly in-house funds.

Fidelity Investments has begun charging employers a fee on 401(k) assets held in Vanguard Group investment funds.

Just as Wells Fargo & Co. escaped from the jaws of one 401(k) lawsuit over in-house funds, it's now ensnared in another.

Target-date funds are on track for a near-record year, but Wells Fargo & Co. doesn't seem to be participating in the boom.

Prudential Financial Inc. has again won a lawsuit alleging it breached its fiduciary duties by receiving revenue-sharing payments.

MFS Investment Management has been sued for alleged self-dealing in its company 401(k) plans.

The dismissal of a lawsuit against Voya Financial for its relationship with 401(k) robo-adviser Financial Engines could be a harbinger of success for other major retirement plan record keepers locked in similar legal battles.

Putnam Investments and Fidelity Investments have prevailed in separate legal fights centering on their fiduciary duty to retirement plans.

MainStay Investments lays off some of its wholesalers calling on retirement plan advisers and consultants, as the defined contribution market grows increasingly challenging.

The Capital Group Cos. is being sued for allegedly reaping profits from its 401(k) plan at the expense of plan participants.

Empower Retirement, one of the largest record keepers of defined contribution plans in the U.S., is planning to send notices to its retirement plan clients affirming it does not intend to be a plan fiduciary if and when the Labor Department's conflict-of-interest rule's implementation phase begins.

J.C. Penney is poised to pay $4.5 million to settle allegations over company stock in the firm's 401(k) plan, following a District Court's preliminary OK of the settlement.

The Starwood hotel chain is the most recent target in litigation alleging excessive 401(k) fees, with former employees claiming that high investment management and record-keeping costs caused retirement plan participants "well in excess of $25 million" in damages.

Fidelity Management Trust Co. has been targeted in a class-action lawsuit for fiduciary breach under the Employee Retirement Income Security Act as a result of its alleged mismanagement of a stable value fund.