After the House of Representatives approved the measure in mid-September by an overwhelming vote of 401-14, President Trump on Oct. 15 signed the Retire Through Ownership Act (S. 2403) into law, ...

The parties in a suit alleging a fiduciary breach in the change of recordkeeping providers have come to terms with a cash settlement. The suit was filed last November by participant-plaintiff Romeo ...

An advisory firm CEO has been charged with embezzling his employees’ retirement contributions and operating Ponzi and mortgage fraud schemes. Embezzlement from an employee benefit plan — maximum five ...

The Employee Benefit Security Administration (EBSA) announced Thursday that its enforcement efforts would focus on cybersecurity, mental health and substance abuse benefits, benefit distributions, ...

A voluntary benefits suit has come to an abrupt conclusion — less than six months after the suit was filed. The suit was filed in July by participant-plaintiff Justin Chin[i] on behalf of the Macy's, ...

With the “Great Wealth Transfer” in full swing, a new report suggests that financial advisors will need to adapt their business models to be prepared for the ever-expanding multigenerational wealth ...

Three former HP employees have sued the company and its plan fiduciaries, alleging that the retention of two underperforming investment options cost participants in its $10.85 billion 401(k) plan more ...

Democrats on the House Committee on Education and Workforce, have proposed three bills that are designed to “protect and strengthen workers’ retirement security.” The bills would extend fiduciary ...

A collective investment trust provider sued by the Labor Department is pushing back — arguing that the agency’s case rests on an unsupported legal theory and overlooks evidence contradicting its ...

Leading Democrats on the House Education and Workforce Committee have written to the head of the Department of Labor’s Employee Benefits Security Administration (EBSA) demanding answers about the ...

New research from BlackRock points to both a growth and retention opportunity for advisors to solve a meaningful advice gap among affluent women. Titled the Future of Wealth: Women, Money & The ...