Over two years, the fund manager will ramp up the equity allocations in its nearly $300 billion suites of target-date products
His proposed budget for 2021 lays out cuts to federal retirement benefits that would total $92 billion by 2030
The company is pursuing more business with those clients by providing 401(k)s, HSAs and other benefits
The state's new data-privacy law created a disclosure headache
The insurer faces one less lawsuit over its termination of trail compensation
An appeals court found that Principal was a fiduciary to a plan that used its Principal Fixed Income Option, contrasting with a recent decision in a suit against Great-West
The SECURE Act makes it more likely that employer-sponsored plans will add insurance products, and advisers will have ample opportunities to help clients
The SECURE Act could boost annuities in 401(k)s, and an industry group wants to help insurers break into that market
The Chicago-based firm is acquiring Fiduciary Investment Advisors, creating a company with $180 billion in combined assets under administration
Vanguard still accounts for 37% of the market for target-date funds, Morningstar data show
