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PBGC Seeks $1 Million+ in Liability Payments From Pension Plan in Trusteeship
The Pension Benefit Guaranty Corporation is seeking damages from a construction company after the PBGC took over its terminated pension...
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Delaware EARNS Launches Pilot, CalSavers Surpasses $1B in Contributions
Several private-sector employers in Delaware will participate in Delaware’s pilot auto-IRA program, and CalSavers continues to achieve milestones.
Retirement Industry People Moves
Broadridge names Kirkland to head of mutual fund regulatory unit; Standard brings in Orr to lead AI use across organization;...
Fiduciary Rule Lawsuit Leans on Past Court Strike-Down
An advocacy group for independent insurance advisers alleges the DOL’s Retirement Security Rule is similar to a proposal struck down...
How Should a Plan Sponsor Respond to a Data Breach?
Given the recent data breach at J.P. Morgan, plan sponsors should evaluate their recordkeepers’ cybersecurity practices and ensure there is...
Empower Completes Integration of Prudential Financial Retirement Business
Since acquiring the business in 2022, Empower has officially integrated Prudential’s recordkeeping system onto its platform.
Morningstar, NAPFA Affirm Support for Final DOL Fiduciary Rule
Morningstar policy brief analyzes the impact of the Department of Labor Retirement Security Rule.