Americans trust humans more than AI to create a retirement plan for them, compared to 13% who would trust AI more. Nearly half (47%) of Americans, however, would prefer to work with an advisor who ...

Proposed guidance concerning the SECURE 2.0 Act’s provision requiring defined contribution (DC) plans to provide a paper benefit statement at least once annually has moved one step closer to being ...

Last week, the Department of Labor issued an advisory opinion which stated that an annuity contract with a guaranteed lifetime withdrawal benefit (GLWB) can qualify as a qualified default investment ...

Responding to a call from a financial advisor in Washington, the ERISA consultants at the Retirement Learning Center (RLC) address a question on the new permitted Roth IRA rollovers from Section 529 ...

To help expand retirement plan coverage and reduce barriers for small employers to offer coverage, the American Retirement Association (ARA) urged the Department of Labor (DOL) to focus on regulatory ...

Following on what appears to be the largest jury verdict ever recorded for an ERISA class action, Schlichter Bogard LLC is asking the court to award what may be the largest award of attorney fees.

A federal judge has ruled on a long-running case first challenging ESG investments (which didn’t seem to exist), and then ESG-oriented voting practices by investment managers in the American Airlines ...

The Department of Labor (DOL) put out its shutdown contingency plan on Friday. If Congress fails to pass a budget by Wednesday morning, most non-essential government functions will cease.

The retirement income industry is “chugging along,” in the words of an industry analyst, and is past the “first movers” stage. He and other members of an expert panel offered their take on where that ...

Changing jobs can be a time of great energy and excitement — but if you’re not attentive, it can also undermine your retirement security. Here are five ways it can do so.

Another suit challenging the transfer of pension obligations to a third party has been dismissed, with a federal judge finding the lack of an imminent, specific harm sufficient to deny the plaintiffs ...

A second settlement in a forfeiture reallocation suit has been announced. The settlement was announced in the U.S. District Court for the Southern District of New York by attorneys from Morgan, Lewis ...