Funded status of public pensions depends on two major factors, a Center for Retirement Research study finds.
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Marlene Y. Satter has worked in and written about the financial industry for decades.
By Lynn Cavanaugh | April 25, 2025
A New York jury awarded 26,000 employees $ $38,760,232 in an ERISA fiduciary breach lawsuit over unreasonable recordkeeping and administrative fees from their retirement plan provider.
By Lynn Cavanaugh | April 24, 2025
Senator Bill Cassidy, ranking member of the Senate Health, Education, Labor and Pensions Committee, has issued a white paper outlining proposals to provide retirement plans to independent workers.
By Lynn Cavanaugh | April 24, 2025
The Labor Department’s rule that allows environmental, social and governance factors to be considered when choosing investments for retirement plans has been challenged since it took effect in 2023, but now the DOL has asked the appeals court to suspend proceedings.
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