The online trading firm has agreed to settle the Securities and Exchange Commission fines, related to 10 violations, including failures to report suspicious activity in a timely manner, implement adequate identity theft protections and provide “blue sheet data” to the SEC.
A federal judge has dismissed – for the second time – a lawsuit against Bechtel Global that alleged the $5.7 billion plan's default managed account investment led to excessive fees and subpar returns, arguing that a target date fund would have been a better alternative.
A new research report from Colliers finds that the role of retail pharmacies has changed over time, moving far beyond roles as medication dispensaries.
You are demonstrating support for the entirety of your workforce by recognizing their individual financial circumstances and offering benefits that address them.
While we may see a wave of new pay equity laws flourish at the state level under this new administration, employers should stay informed and adopt pay equity and transparency best practices.
The future of work is about more than meeting business objectives; it’s about building cultures where employees feel seen, supported, and inspired to reach their full potential.
Instant Insights /
The Prescription Drug Problem & PBM Reform
Last week, BlackRock dropped out of the United Nations-backed climate change investing initiative, which was followed by NZAM suspending its activities on Monday because of “recent developments … in investors’ respective jurisdictions,” according to its website.
The Department of Labor will not take action, under ERISA, against plan fiduciaries that transfer entire benefit payments owed to missing participants of $1,000 or less if certain conditions are met.
The Big Tech giants join a growing list of employers, including Walmart and McDonald’s, that are re-evaluating their diversity, equity and inclusion policies and initiatives, while Costco and Apple are doubling down on their DEI initiatives.
On Monday, President Biden cancelled student loan debt for borrowers who attended schools that defrauded students, those with permanent disabilities and public service workers, bringing his total cancellation to $183 billion.
Meeting employees’ diverse mental health needs increases retention and engagement and reduces long-term health care costs—but these benefits take time to realize.
The Massachusetts Democrat is working with a Missouri Republican, and House members from each party, to press the FTC to release a sequel to an earlier PBM report.