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A federal district court in Texas found that American Airlines prioritized ESG investment goals ahead of employees’ financial interests, violating its fiduciary duties under ERISA.

Cervantes joins Prime Capital Financial; Corebridge Financial welcomes Klane as general counsel; Gallagher adds Helgens as retirement plan consultant.

Kaduson will report to Heather Lavallee, CEO of Voya Financial.

Trading activity stayed subdued last month, with only two above-normal trading days recorded.

The market for 401(k) plans with less than $5 million in assets is poised to hit 1 million plans by the end of the decade, with wealth advisers poised...

Ares is seeking to capture demand for retirement solutions through its insurer, Aspida Holdings Ltd.

Payroll Provider Green Leaf launches cannabis industry 401(k); Ibexis Life & Annuity announces new fixed-index annuity series; AllianzIM brings buffer allocation ETFs to market.

The Supreme Court will hear a case to resolve a split among circuit courts on whether a plaintiff must argue that more than a ‘prohibited transaction’ has occurred...

In other news, the Institutional Retirement Income Council named Kreps of Groom Law as chair of its board of directors.

The provider of small business 401(k)s is poised to add 49,000 businesses to its client roster.

Advisers named to the list will be celebrated at the PLANADVISER Industry Leader Awards in May. 

The partnership will integrate Pontera’s client 401(k) oversight technology with Hightower’s advisory services.

Private and public sector defined benefit pension fund payments also added $224.3 billion in tax revenue, according to the National Institute on Retirement Security.

The adviser head will oversee initiatives that include a push to bring more women into financial planning and the intelligent integration of AI.

Rob Mangano, Tamme Ford, Alex Gault and Sarah McKinzie get elevated roles at the $7 billion plan advisory focused on the public sector.

Indivisible Partners launches as independent advisory firm; Voya Financial completes acquisition of OneAmerica Financial’s retirement plan business; Marsh McLennan Agency acquires Acumen Solutions Group.

Josh Forstater of Vestwell has been tapped to expand Morgan’s Everyday 401(k), and Tina Anstett of Smart will lead regulatory and legislative thought leadership.

A majority of plan sponsors are not planning to add options such as emergency sidecar accounts or employer matching to Roth contributions, according to a new Alight survey.

The law will boost Social Security benefits for nearly 3 million public workers.