Plan to Cut Federal Employee Pensions Advances in House
The measure passed the House Oversight Committee, 22 to 21, with Representative Michael Turner, R-Ohio, joining Democrats in opposition, and...
News
AI and the Future of Participant Services
Use cases for both generative and agentic artificial intelligence continue to expand, especially in areas like participant education and personalized...
Regulators Urged to Take Risk-Based Approach Toward AI
A recent SEC-hosted roundtable addressing artificial intelligence highlighted the risks and rewards of its usage in financial services.
GOP House Bills Target DOL Audit Process
The legislation would require the Department of Labor to submit annual reports on the status of its investigations, including those...
Empower Launches Zero Fee Index Fund For Retirement Plans
The company says the fund will offer retirement plan participants higher growth potential by removing management fees.
Nevada Joins Interstate Auto-IRA Consortium
The consortium, led by Colorado Treasury and administered by Vestwell, now includes five states—Colorado, Delaware, Maine, Nevada and Vermont.
Supreme Court Declines to Hear AT&T ERISA Case
The justices did not comment on the case, which centered on prohibited transactions under the Employee Retirement Income Security Act,...
2024 Global Asset Management AUM Grows to $128T
Seventy percent of asset manager revenue last year was driven by market performance, according to research from the Boston Consulting...
Fiduciary Best Practices for Healthcare Plans
During a recent PLANSPONSOR webinar, experts discussed maintaining fiduciary oversight over health plans, especially the importance of updating plan documents,...
Economic Uncertainty Causes Financial Stress, Moves People To Take Action
Americans are determined to take control of their financial lives, yet most feel unprepared and only half trust themselves to...
A Side Gig Retirement Plan
Two-thirds of retired Americans wish they had a side gig to support their ideal retirement lifestyle, and 93% of those...
Nasdaq-100 Underrepresented in 401(k) Plans
A survey by Shelton Capital Management showed that allocations to Nasdaq-100 Index mutual funds make up fewer than 1% of...
Moody’s and MSCI Partner for Private Credit Risk Modelling Tool
The solution integrates MSCI private capital data with Moody’s EDF-X credit risk modelling tool.
Retirement Industry People Moves – 4/25/2025
David Gillman joins Absolute Capital as regional VP; Hartford Funds expands RIA sales and business development teams; BNY Investments names...
Retirement Confidence Remains High, As Does Interest in Income Options
EBRI's most recent Retirement Confidence Survey found that 67% of workers and 78% of retirees reported being confident that they...
Beyond the Annuity Puzzle: Rewiring the Psychology of Lifetime Income
A closer look at what has been limited, so far, annuity adoption by plan sponsors and participants.
Product and Service Launches – 4/25/25
OneDigital implements Broadridge’s suite of solutions; Vanguard introduces fixed-income model portfolios for advisers; T. Rowe Price launches pension-linked emergency savings accounts;...
Questions About Service Provider Selection Stem From Pentegra MEP Case
The jury's verdict and monetary award may serve as a warning for other situations in which plan sponsors and service...
Senator Cassidy Proposes Workplace Benefits for Independent Workers
A white paper issued by the Senate HELP Committee Chair is meant to address the retirement readiness shortfalls for gig...
DOL Reconsidering Biden-Era ESG Considerations Rule
Although the rule survived several court challenges during the Biden administration, it is in jeopardy once again.