Biden Uses First Veto to Defend Rule on ESG Investing
President Biden rejected a Republican proposal to prevent pension fund managers from basing investment decisions on factors like climate change.
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Take it or Leave it? Near Retirees Increasingly Staying in Plans After Leaving
After many years of saving in defined contribution plan, what does a retirement-age participant typically do with money they’ve accumulated?
Post-SECURE 1.0, Majority of Retirement Plan Consultants Have Taken Action on Guaranteed Retirement Income Options
Following passage of SECURE in 2019, 82% of DC retirement plan consultants report they've gotten comfortable recommending retirement income options.
Employers Should Offer Variety of Retirement Income Options, Survey Shows
New report argues that plan sponsors should offer retirement income solutions such as annuities to provide lasting lifetime income options to worker.
Judge Rejects Mitre’s Efforts to Dismiss ERISA Lawsuit
The Massachusetts-based federal judge has advanced the lawsuit and ordered a scheduling conference for April.
Pacific Life and Franklin Templeton Collaborate on Lifetime Income Solutions
Pacific Life and Franklin Templeton announced collaboration to jointly tackle need for lifetime income for defined contribution plan participants.
401(k) Participant Drops Data Breach Suit Against Transamerica
Class action plaintiff complaint files a motion to dismiss the suit against the retirement recordkeeper.