On the same day of its recent amicus briefing supporting plan fiduciaries regarding the burden of proof in ERISA suits, the Labor Department is now backing fiduciaries in a case involving criteria for ...
Vestwell on Tuesday morning announced that it has entered into an agreement to acquire Accrue 401k, the entity formed to support the Guideline 401(k) plans that were not part of the recent Gusto ...
Earlier this year, the nation’s highest court asked for the Labor Department to weigh in on a case involving the burden of proof in ERISA cases — and the response is a complete reversal of its ...
High-profile ERISA attorney Fred Reish has left Faegre Drinker Biddle & Reath, heading East to join Scott Colangelo and Jania Stout at Overland Park, Kan.-based Prime Capital Financial, the firm ...
Senators and witnesses at a Dec. 10 hearing on the “Future of Retirement” urged Congress to act on legislation that would build on the success of the SECURE 2.0 Act to enhance retirement security and ...
Sens. Cory Booker (D-N.J.) and Todd Young (R-Ind.) have proposed the Emergency Savings Enhancement Act. The bill (S. 3333) would double the maximum account limit of pension-linked emergency savings ...
President Trump has signed an Executive Order to end what he called “the outsized influence of proxy advisors that prioritize radical political agendas over investor returns,” citing impacts on ...
Global asset management firm Invesco announced this week that it has entered a strategic partnership with Swiss-based, alternative investment specialist LGT Capital Partners to develop ...
The Treasury Department announced Tuesday that it intends to issue proposed regulations on Trump accounts. A website for Trump accounts has been created, and additional information on how to sign up ...
Having failed to get past a motion to dismiss, the plaintiff in a case alleging a fiduciary breach in health plan administration modified their arguments and brought in another plaintiff to the case — ...
Fidelity Investments has announced the launch of its Roth Self-Employed 401(k), a new retirement savings option for small businesses. According to the firm’s announcement, self-employed individuals or ...
The ERISA consultants at the Retirement Learning Center (RLC) Resource Desk regularly receive calls from financial advisors on a broad array of technical topics related to IRAs, qualified retirement ...