The parties in an excessive fee suit that tried to expand to include forfeitures (but failed) have come to terms.

More educated participants tend to make more financially literate choices, such as taking fewer loans, early withdrawals, and may even choose investments with lower expense ratios, all of which have ...

Responding to a call from a financial advisor in Maryland, the ERISA consultants at the Retirement Learning Center (RLC) address whether a 403(b) plan’s “Universal Availability Notice” can be ...

The opening session of the 2025 ASPPA Annual in San Diego included a wide-ranging discussion on the One Big Beautiful Bill (OBBB), the government shutdown, new agency leadership, private-market assets ...

A trio of former Morgan Stanley employees have filed suit against the Labor Department for an advisory opinion they say, “creates immediate and concrete harm to financial advisors who are arbitrating ...

Plaintiffs who have lost at both the district and appellate court level are asking the nation’s highest court to weigh in on a suit involving alternative investments — more specifically the ...

Participants want flexibility and control over their savings in retirement, but many lack the skills needed to turn savings into income and would like more help from plan sponsors.

In further expanding its national footprint, AssetMark Financial Holdings on Friday announced its intention to acquire Efficient Advisors, LLC, an asset management platform with $3 billion in client ...

MetLife and Alight have announced a strategic collaboration to bring MetLife’s institutional income annuities to the Alight Worklife platform, which serves nearly 12 million defined contribution (DC) ...

To accelerate growth for its wealth management business, financial services firm Equitable announced Oct. 27 that it has entered into an agreement to acquire Stifel Independent Advisors, LLC.

It’s been hard to keep up with the pace of filings, motions and adjudications on the who now knows how many of these forfeiture fiduciary breach suits — and this one was dropped almost as soon as it ...

In what may come as no surprise, the days of the Biden administration’s guidance allowing plan fiduciaries to consider environmental, social and governance (ESG) factors when making plan investment ...