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The lawsuit challenged fees Voya Retirement Advisors received when using Financial Engines to provide investment advice to retirement plan participants.

Content, context and presentation are now the important factors in determining whether a particular activity represents fiduciary advice—but that could change.

The overwhelming majority worry that they will run out of money in retirement.

The underlying lawsuit accused the firm of failing to monitor an affiliate charged with overseeing a stable value fund offered as an investment option in 401(k) plans for...

Ascensus found that employees who decided to enroll in their employers’ retirement programs after receiving targeted communication deferred on average 6.24% of pay.

Wells Fargo discusses best practices it found has improved the health of DC plans over the years.

Putnam was found not to have breached its duty of loyalty to its 401(k) plan participants, and the court found the plaintiffs did not prove a loss suffered...

The plan sponsor in the case was criminally prosecuted and pled guilty to embezzlement in June 2016.

The FiduciaryShield toolset launched by Redhawk aims to help advisers meet fiduciary responsibilities on behalf of IRA holders.

The aim is to help advisers have more nuanced conversations with their clients and for sponsors to see how they compare to other companies in their industry.

CFP Board released a draft of proposed revisions to its Standards of Professional Conduct for a 60-day public comment period, running through August 21, 2017.

The recent study suggests advisers base their decisions on company goals and client needs to maximize potential growth. 

Transparency remains of growing importance for asset managers and institutional investors focused on alternative assets, but many are unsure of how to achieve it.

“Advisers who embrace technology—especially solutions to more efficiently handle tedious recurring client-service tasks—are going to be the ones who scale, grow and ultimately win.”

Emerging market investors will need to focus on the cross-cutting themes, sectors and securities that drive investment returns, PGIM says.

In addition to alleging the St. Louis-based university allowed the plan to charge excessive fees, the lawsuit alleges the plan's loan program violated ERISA prohibited transaction rules.

The tool will help advisers provide plan sponsors with relevant feedback about operational and performance comparisons to their peer group.

Two years of litigation and negotiation later, the parties have reached a proposed agreement to settle the class action, valued at $25 million.

A recent study finds that out of all generation groups, Millennials are the most likely to choose financial security over vacation, cars and smartphones. 

The new solution uses robo-advisory and automation technology from Trizic to enable FIS clients to cost-effectively manage smaller-balance accounts.