The $2.7 billion dollar plan also joins the more than 30 employers accused of mismanaging employee forfeiture funds.
Vanguard announced Monday fee reductions on 168 share classes across 87 investment funds—in what the firm called its largest fee cut to date. The firm projects that the fee reductions are expected to ...
According to Abernathy Daley 401k Consultants, more than 600,000 American companies could be at risk of fines, legal ...
The experts agree that the combination of auto-enrollment, auto-escalation and SECURE 2.0 incentives have already begun to ...
Beginning this year, businesses with 10 or more employees must implement automatic enrollment and contribution escalation for ...
The fund, which will require Congressional approval, is to be established by the Treasury and Commerce departments over the next 12 months.
The Financial Industry Regulatory Authority’s latest report offered advisers best practices for strengthening their ...
Among advisers who recommend crypto, the most common allocation remains 2% of assets, according to a survey from the Digital Assets Council of Financial Professionals.
Criminals are using artificial intelligence to craft more convincing phishing attacks, leaving businesses and retirement ...
Alternative investment manager KKR & Co. has appointed Melissa Kivett as the firm’s first head of defined contribution, a ...
In a separate transaction, the Carson Group added an advisory team based in Roseville, California. Omaha, Nebraska-based ...
Daniel Wright, a participant in the JPMorgan Chase 401 (k) Savings Plan, claims JPMorgan failed to engage in a reasoned and ...