An appellate court ruled that the decisions to amend the plan and transfer certain assets to an annuity contract were settlor, not fiduciary, functions.
Retirement plans will not necessarily have to divest from retail money market funds under SEC’s pending reforms, but plan sponsors and advisers may decide it's best.
Significant attention is building around public-sponsored retirement plans for private-sector workers, but what will these plans mean for established industry providers?
Focus on DOL’s fiduciary rulemaking is understandable—but there are other major regulatory changes in the works that will directly impact retirement plans.
In a conversation with PLANADVISER, Russell Investments’ chief research strategist suggests momentum is building for “open” multiple employer plan expansion.
Several well-known music recording companies are named in a lawsuit tied to music streaming revenues and other sources of potential pension contributions.
Also extended is a provision in prior pension reform allowing over-funded pensions to use their excesses to fund retiree health and life insurance benefits.
“The misery of uncertainty is worse than the certainty of misery,” commented one retirement industry expert, on the release of 2016 IRS static mortality tables.
Circuit court sees no need to change a previous ruling in a stock drop case, reconsidered in light of the Supreme Court’s recent Fifth Third Bancorp v. Dudenhoeffer...