"Recordkeepers should continue to remind plan sponsors and participants that these services are available to increase utilization and help improve outcomes.” ...
A near $15 billion 401(k) plan has been sued for retaining “underperforming” investment options, including a target-date fund — allegedly costing participants more than $318 million.
The suit alleges that these defendants “…have kept two serially underperforming funds —the Harbor Capital Appreciation Fund and the Parnassus Core Equity Fund — in the Plan for over 10 years,” and ...
The low-fee fight continues, and on Monday, Vanguard announced what it called “significant and wide-ranging cost reductions across its investment lineup.” ...
Washington remains volatile, but the policy momentum behind improving the retirement system is very real — and ARA intends to stay at the center of it.
The events over the past week have significantly changed the likelihood that the federal government is heading towards another shutdown, although this time it would only involve certain agencies. So ...
A federal judge considered the impact of a Supreme Court decision on the burden of proof in a prohibited transaction suit — but found that the plaintiff had to first have standing to bring suit for ...
With a theme of “adapting to an evolving ecosystem,” T. Rowe Price experts during the firm’s 2026 retirement outlook press briefing explored four key trends in the retirement arena and how they may ...
Noting that “the fiduciary-centered issue in this case — one of dozens percolating through the courts — lives in the heartland of those standards in which clarity, uniformity, and consistency must ...
Well, here we are again at the end of yet another workweek (and a month, if you can believe it!) . . . and yet, just look at what has happened to these guys and gals . . .
Noting it’s “time to pass the torch and begin a new chapter,” Congressman Vern Buchanan (R-Fla.) announced that he will retire at the end of his current term, part of a stream of House exits by both ...
There’s something about a birthday that ends in zero that hits differently. And I have one of those this week.