A federal judge has granted a motion to dismiss a suit that alleged fiduciary breaches in the selection of a collective investment trust (CIT), offsetting employer contributions with forfeitures, and ...
Voya Financial recently announced a new application programming interface (API) integration with SinglepointAI that brings next-generation, AI-enabled technology and seamless data connectivity to the ...
New research reveals growing interest among defined contribution (DC) plan sponsors in adding alternative investments to their 401(k) lineups, although many are seeking more information before moving ...
The plaintiffs in a healthcare fiduciary suit argue that just showing a prudent process may not satisfy ERISA's prohibited transaction exemption.
The Executive Interview is a short-form podcast featuring leaders in the retirement plan space describing relevant issues and their reactions to them. Whether it’s regulation, legislation, strategy or ...
On July 16, the Securities and Exchange Commission (SEC) proposed a new rule that would expand the ability of issuers, broker-dealers, investment advisers, and others to use electronic delivery to ...
Acting Labor Secretary Keith Sonderling appeared Thursday before a Senate Health, Education, Labor & Pensions (HELP) Committee hearing to consider his nomination to be Secretary of Labor, where he ...
I was scanning headlines recently and saw that the Department of Labor (DOL) had issued “good faith” guidance regarding SECURE 2.0’s paper benefit statement requirement. My initial reaction was, “Are ...
Another retirement industry organization has encouraged the Supreme Court to adopt a meaningful benchmark standard — but it also has something to say about past performance.
Sometimes reality is weirder than fiction — as in a recent case where a plan sued a plan fiduciary — who had colluded (in more ways than one, apparently) with a provider — to commit a fiduciary breach ...
Remember Wayne Gretzky’s famous observation that one should “skate to where the puck is going to be, not where it is currently.” ...
Rather than a one-size-fits-all output, FDI said the suite delivers reports that enable DCIO teams to engage the advisor or consultant needs at various stages of the “engagement cycle." ...