No January freeze for private-sector pension plans in 2025: assets were hot, and liabilities and funding levels and ratios improved. Much of the country, from the Canadian border to Florida, may have ...
Brad Campbell, former Assistant Labor Secretary for the Employee Benefits Security Administration (EBSA) and currently a Partner with legal powerhouse Faegre Drinker, joined Graff for a frank ...
Plan fiduciaries of the Allstate 401 (k) have prevailed in a fiduciary breach suit challenging their selection of a set of target date funds and advisory services. Plan fiduciaries of the Allstate 401 ...
According to Cerulli’s survey of defined contribution investment-only (DCIO) asset managers, 16% anticipate that AI's impact on legal document summaries will be “significantly positive,” with 23% ...
Research the experts cited about the sentiments of employees and participants concerning financial wellness shows an interesting mix of confidence and anxiety.
Inertia is a powerful force regarding behavioral finance and automatic enrollment, it has long been noted — but it may have limits, according to a new study. Coverage of the report — titled “Smaller ...
It could take a year or longer to fully implement the repeal of the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO), says the Social Security Administration (SSA). The SSA has ...
In March, funding EBSA received to implement the No Surprises Act will run out. Lisa Gomez, the former head of EBSA, says “work attributable to 120 people will be lost, either by it not being done, or ...
How did private-sector pension plans do as 2024 drew to a close? That depends on whose evaluation you’re reading. By some measures, plans ended December better off than they had been when it began; by ...
Benefit plans, participants, and beneficiaries received more than $1 billion due to recoveries the Department of Labor’s Employee Benefits Security Administration (EBSA) made in fiscal year 2024.
We will be conducting routine website maintenance on Sunday, January 26, beginning at 12:00 A.M. ET and ending at 6:00 A.M. ET. During this time you may experience some disruption in service when ...
As I conclude my term as ASEA President, I want to express my gratitude for the opportunity to serve in this capacity. And to provide insight into the future direction of ASEA, I sat down with ...
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