News

Voya Financial, Inc. launched its Voya Behavioral Finance Institute for Innovation, which is focused on gaining deeper insights into the behaviors and decisions of Americans regarding their financial...

Among mutual fund–owning households, more households headed by Millennials than Baby Boomer households held their funds only through employer-sponsored retirement plans, the Investment Company Institute found.

A new study finds that just 11% of Millennial retirement plan participants feel comfortable managing their investments themselves—yet many in the generation hesitate to pursue advice. 

A federal judge rejected defendants’ argument that the lawsuit, filed in December 2015, was time-barred by ERIA’s various statutes of limitation.

The Social Security Administration announced a cost-of-living adjustment for next year.

An Aon Hewitt survey finds that not only is student loan debt affecting workers’ retirement savings but it’s also becoming an emotional burden.

The firm wants to recognize the contributions and expertise of third-party administrators to the success of the DC retirement system. 

Net redemptions from Money Market funds in September totaled $21.1 billion.

Another participant in a Wells Fargo retirement plan is accusing the bank of breaching its fiduciary duty in the management of company stock offered as a retirement plan...

T. Rowe Price has released a seven-part, documentary-style video series created to help women navigate the unique challenges they face when saving for retirement.

“From our perspective, the ultimate outcome in retirement is income,” says Jamie Ohl, president, Retirement Plan Services, Lincoln Financial Group. 

The event will provide digital education tools and webinars to local and state government employees. 

The IRS released results on two completed projects and announce a new one.

The complexity of explaining retirement income solutions to participants was one of several reasons defined contribution plan sponsors cited for not offering these options in their plans.

The case had been remanded back to the appellate court after the Supreme Court's decision in Spokeo, Inc.v. Robins.

Risk Strategies Acquires TSG Financial; Sentinel Names New CEO; and more.

“One big reason financial wellness programs fail is that they focus on aspects of education and financial literacy which simply do not inspire or empower behavioral change,” says...

Absent employer action, an estimated 4.2 million white collar workers will become newly entitled to overtime protection, potentially impacting net pay and the treatment of benefits, especially nondiscrimination...

An analysis finds collective investment trusts (CITs) are gaining momentum for their potential to lower costs and reduce portfolio volatility, but obstacles remain with transparency and accessibly. 

Retirement plan sponsors and advisers need to ensure managed accounts are properly used by participants.