The Treasury would build a national account-tracking system, under bipartisan legislation co-sponsored by Sen. Elizabeth Warren
The settlement resolves a class-action case that alleged the firm breached its fiduciary responsibility to plan participants
COVID-19 has highlighted the necessity of planning for care in old age, and advisers are increasingly recommending 'hybrid' annuity or life insurance products
Litigation alleging that plan sponsors breached their fiduciary duty keeps coming
Most people who shifted allocations in their retirement plans were more sophisticated investors, according to research published by NBER
The combined companies will give retirement savers the ability to view all of their financial accounts in one place
The deal would bring Personal Capital's online and human adviser services to Empower's retirement plan business
In a letter to a U.S. appeals court, the Department of Labor again argues that the state-sponsored auto IRA is preempted by ERISA
Less than 5% of participants have taken distributions related to COVID-19, several surveys show
Only 0.1% of plan assets are in ESG-specific funds, but many, if not most, investment products have integrated ESG criteria
