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The Retirement Clearinghouse-led consortium now includes the country’s four largest recordkeepers.

Data from more than 35 million participants in Fidelity accounts shows a steep hit to balances during the market downturn, but the majority of workers (86%) kept their...

The Portability Services Network seeks to make it easier for participants to transfer retirement assets when they change plans.

Backers of the new bill say the legislation would cut red tape and help Americans who change jobs frequently keep control of their retirement savings and investments.

Research shows workers who cash out their retirement plan savings could lose roughly 1.5 years of accumulated wages, but auto-portability seeks to make it easier to prevent this.

The service is expected to launch for Vanguard's 401(k) plan clients in mid-2022.

Dakota Wealth Management acquires Persimmon Capital Management; Evercore Wealth Management selects new wealth and fiduciary adviser; ISIAH International partners with Hub International and Forest Capital Management; and more.

Educating participants about the importance of remaining committed to retirement savings and of the value of consolidating accounts is a good place to start, experts say.

Retirement industry experts say automatic portability could be the solution to a pervasive problem.

The move comes even as an American Consumer Credit Counseling (ACCC) report finds more workers are increasingly confident in their employment stability.

The RCH Auto Portability service automates the consolidation process for small retirement account cash-outs.

Vanguard modifies managed payout fund; Transamerica launches stable value option for 403(b)s; Fidelity announces health savings mutual funds; and more.

Considering automatically rolling balances from one plan to another for participants who terminate employment with small balances plan sponsors are allowed to cashout, EBRI found additional accumulations over...

Now that participants’ small balances may be automatically transferred to their new 401(k) account, Retirement Clearinghouse expects to see a lot of business.

EBRI found a significant difference in retirement deficits when comparing the current environment where defined contribution plan participants rollover their assets versus a hypothetical state where workers never...

The year that was brought significant regulatory developments from the Department of Labor, the Internal Revenue Service, the Securities and Exchange Commission and other government agencies.