USC to Pay $13 Million to Settle ERISA Suit Over Retirement Plan Fees
USC has agreed to pay $13.05 million to settle a lawsuit by nine current and former participants in two university retirement plans.
Recent
Passive TDFs Continue Market Gains Against Active TDFs
Target-date funds invested passively extended an asset winning streak over their active-suite counterparts, new research found.
Lawsuit Accuses Conagra of Shirking Pension Benefits
ERISA complaint against Conagra pension plan claims fiduciary and plan admin are ignoring distribution rules laid out in missing document from 1980s.
Senators Sanders and Warren Introduce Social Security Expansion Act
The bill, aims to make Social Security solvent for 75 years and to increase benefits, especially for lower-income workers and retirees.
Target Date Solutions Launches Software that Facilitates Personalized Target Date Accounts
PTDAs are customized to the individual’s risk preference and retirement date.
In-Plan Annuity Market Will Grow Exponentially Over Next 2 Years: LIMRA
New report predicts much greater adoption of guaranteed income solutions in late 2023 through 2024 if providers step up education efforts.
Tuberville Returns With Call for Crypto Access in 401(k) Plans
GOP senator also argued DOL should not be dictating what investments may be offered through the self-directed brokerage window in retirement plans.
