Could plan fiduciaries violate their duty of loyalty to plan participants despite a prudent process? A recent federal judge says yes — Nevin (Adams) & Fred (Reish) discuss.
In one of his first moves after being named acting chairman of the Securities and Exchange Commission (SEC), Mark Uyeda announced the launch of a new crypto task force to develop a comprehensive ...
Mercer and Aon reported that the 2024 year-end pension funding ratio was a record high for year-end figures. Investment Executive reports that Jared Mickall, principal and leader of Mercer’s Wealth ...
The SEC said that Vanguard made “misleading statements related to capital gains distributions and tax consequences for retail investors who held Vanguard Investor Target Retirement Funds (Investor ...
John Hancock Retirement, a company of Manulife Wealth & Asset Management, announced that it is partnering with Vestwell on a new open-architecture retirement plan offering.
Noting that it is reinforcing a pledge to help middle-income Americans, Transamerica announced that it is introducing a rejuvenated brand identity ushering the 120-year-old company into its next era.
Appearing before the Senate Finance Committee for his confirmation hearing, Treasury Secretary nominee Scott Bessent suggested that the nation could face an economic crisis should Congress fail to ...
The Pension Benefit Guaranty Corporation (PBGC) has proposed modifications to its regulations on premium rates, premium due dates, and termination of single-employer plans.
The Department of Labor (DOL) released a new rule proposal governing the appraisal of shares in an employee stock ownership plan (ESOP) in unpublished form. The proposal should be entered into the ...
Well, here we are again at the end of yet another workweek . . . and yet, just look at what has happened to these guys and gals . . . In West Palm Beach, Florida, the City of West Palm Beach sets ...