Retirement Trends

The class action suit, filed this week in U.S. District Court in Massachusetts, alleges the company did not seek to recapture excess revenue-sharing money held to cover recordkeeping expenses.

Are you hanging on to old approaches? Find out by answering these five questions.

The buyer will pay about $250 million in cash, with the eventual purchase priced tied to fluctuations in Summits book value.

Ted Eliopoulos, current senior investment officer for real estate, will serve as acting CIO of the more than $277 billion pension plan, also known as Calpers.

Brown also said hell back a constitutional amendment to stockpile unpredictable capital-gains taxes and deal with looming shortfalls in public pensions.

Six states account for the bulk of the unclaimed pension assets. New York had the highest number of missing participants at 6,678, with $40.33 million that remains unclaimed.