Plan sponsors have room to improve to boost retirement outcomes – report
June 11, 2021 03:36:05 PMParticipants are benefiting from plan sponsors' adoption of recommendations for boosting outcomes, but there remains room for improvement.
Managers focus on specialties to compete with big fish
May 31, 2021 12:25:54 AMAmid big gains by big defined contribution managers, other players find ways to grow in influence and in AUM.
New Jersey Pension Fund discloses up to $1 billion in commitments
May 26, 2021 04:08:37 PMT. Rowe Price transfers record-keeping tech to Fidelity National
May 18, 2021 03:43:15 PMT. Rowe Price agreed to transfer its retirement technology development and core operations to Fidelity National Information Services.
As MEPs grow, ERISA lawsuits rise with them
May 17, 2021 12:00:00 AMThe 401(k) plans offered by multiple-employer plans are being challenged by participants who claim ERISA violations in plan management.
Judge denies Wells Fargo bid to dismiss ERISA suit
May 13, 2021 01:09:41 PMA 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.
New York State Common scouting for real assets consultant
May 07, 2021 12:26:28 PMLockheed eyes future with DC plan revamping
May 03, 2021 12:00:01 AMLockheed Martin has changed its DC lineup to simplify choices, add equity exposure and encourage retired employees to keep assets in-plan.
New York State Teachers tabulates 9.6% return in fiscal second quarter
April 30, 2021 03:57:31 PMNew York State Teachers reported a 9.6% return on investments for the quarter ending Dec. 31 and announced several one-year renewals.
New York State Teachers chalks up $907 million in private market commitments
April 29, 2021 12:51:48 PMNew York State Common slates $400 million for renewable energy
April 20, 2021 01:01:28 PMInterest rises in keeping retiree assets in-plan
April 19, 2021 12:00:00 AMRetaining retirees' assets is a rising trend among defined contribution plans, according to a PIMCO survey of DC consultants.
Court rejects ERISA claim lodged against Principal Life Insurance
April 13, 2021 01:56:11 PMA judge's ruling in favor of Principal Life Insurance Co. said it didn't violate ERISA in its adminstration of a group annuity contract.
Maine Public Employees allocates up to $167 million to 3 funds
April 08, 2021 03:11:54 PMNew York State Teachers initiates search for CMBS manager
April 06, 2021 04:09:36 PMJudge issues split decision for Schneider Electric, Aon in ERISA case
April 05, 2021 12:11:33 PMA federal court issued a divided opinion on claims from participants in a Schneider Electric retirement plan regarding ERISA violations.
Court denies request for dismissal in Magna International ERISA suit
April 05, 2021 09:29:34 AMA federal court judge rejected a request by Magna International of America to dismiss a lawsuit filed by former 401(k) plan participants.
CITs become preferred target-date series choice
April 05, 2021 12:00:00 AMIn the target-date asset arena, collective investment trusts are growing faster than their still-larger mutual fund peers.
Detail, quick innovation common winning themes
March 22, 2021 12:00:00 AMIn a year when the pandemic changed so much, Eddy Award winners rose to the challenge with excellence in communications.
Lawsuit charges USI Insurance Services with ERISA violations
March 19, 2021 03:27:35 PMA participant in a 401(k) plan run by USI Insurance Services sued the company and fiduciaries alleging ERISA violations.
Maine Public Employees earmarks up to $257 million to 4 funds
March 12, 2021 03:41:26 PMDC plan executives see retaining coping strategies post-pandemic – P&I survey
March 12, 2021 08:02:24 AMDefined contribution executives say they plan to retain the strategies used during the COVID-19 outbreak in a post-pandemic environment.
Multiple-employer plan suit focuses on fees, fund performance
March 08, 2021 03:31:20 PMParticipants in a multiple-employer 401(k) plan sued several defendants, alleging ERISA violations, including high-fee investment options.
BBVA Compass loses second try to get ERISA case dismissed
March 02, 2021 12:05:44 PMA federal judge rejected for the second time a petition by BBVA Compass Bancshares to throw out an ERISA complaint.
Suit targets Principal Life Insurance over fees, performance
March 01, 2021 12:00:55 PMA former participant in a 401(k) plan run by Principal Life Insurance says the company failed to provide better investment choices.