The Senate confirmed Keith Sonderling as secretary of labor on Wednesday evening in a 47-to-41 vote along party lines. The confirmation came nearly six months after Sonderling became acting labor ...
Managed accounts might seem more attractive for older demographics with more complex finances, but younger participants may see different benefits. Whether the attraction is personalized features or ...
Ranking Democrats introduced bills addressing standing to sue, mandatory arbitration and the definition of fiduciary. “We must reverse course and advance an agenda that protects workers’ retirement ...
The Department of Justice announced that the CEO of an Arizona-based company pleaded guilty on Tuesday to embezzling more than $8 million from an Employee Retirement Income Security Act benefit plan.
Per a new Goldman Sachs survey, employees’ purported long-term financial confidence fails to match actions taken while in distress. Retirement preparedness is no longer limited by participants’ ...
Investment performance isn’t everything, and that’s especially the case with managed accounts. While target-date funds are typically assessed on their performance relative to a benchmark, managed ...
Ascensus launches workplace-to-wealth platform; Libretto releases insights hub for financial advisers; and Arch extends AI portfolio monitoring to pre-investments. Ascensus launched its ...
The Asteri Collective, a national alliance of independent retirement plan consulting firms, announced Sheri Fitts as its new executive director on Monday, succeeding Founder Ann Slotwinski, who is ...
The Securities and Exchange Commission has proposed eliminating its long-standing “pay to play” rule for investment advisers, which could reduce compliance burdens for some firms while leaving many ...
Since pooled employer plans were introduced to the market five years ago, they have been a steadily growing section of the defined contribution plan industry. The 2026 PLANSPONSOR Recordkeeping Survey ...
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Regulatory changes, litigation and even the COVID-19 pandemic have made the value of retirement plan adviser support even greater. Over the past two decades, advising for employer-sponsored retirement ...