The similar cases, against Allstate and Northern Trust, were also brought by the same law firms
Plan fiduciaries could have to prove that nonfinancial factors of ESG funds are in the best interest of workers, one lawyer said
COVID-19 could lead more workers to take money out of retirement accounts, according to a survey from Edelman Financial Engines
More than $3 billion was returned in fiscal 2020 through investigations, voluntary corrections and other programs, according to the agency
About 90% of a group of 2,000 MassMutual workers have been informed that they will receive job offers, according to the companies
Oregon, Illinois and others are backing California in a legal attack on the state's auto-IRA system, while the Trump administration has taken the opposite side
The firm is also adding student-loan guidance for workplace wealth clients
It is arguably a scary time to be a retirement plan sponsor, and many might forgo liability coverage
The company has cut back on its recruiting efforts in recent years and instead focused on adviser productivity
There could be even more demand for pooled employer plans from nonprofit organizations than from the for-profit side