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ERISA Suit Filed Against Packaging Company 401(k) Plan
Plaintiffs seek class status in case that alleges South Carolina-based firm permitted excessive fees on the $1.2 billion plan.
Data Breach at Merrill Exposes Personal Information of Walmart 401(k) Participants
An ‘isolated email error’ caused Walmart retirement plan participants’ names and Social Security numbers to be exposed.
Texas Judge Certifies Class in Pilot’s Anti-ESG Case
A class of participants was certified in a federal district court lawsuit against American Airlines’ Plan for Pilots.
EBSA Official Expresses Confidence in Legal Strength of Retirement Security Rule
Timothy Hauser explained in an ABA webinar that the new fiduciary rule is different from the old one and compliant...
Pension Risk Transfer Market Sets Q1 Record
The first quarter of 2024 has already seen two jumbo PRT deals, with Verizon and Shell offloading their pension liabilities.
SEC Might Drop Swing Pricing from Mutual Fund Liquidity Proposal
Instead, they would likely adopt liquidity fees, though Chair Gensler did not say so explicitly.
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Product & Service Launches
Ameritas launches pooled employer plan for nonprofit organizations; Stash announced new workplace benefit StashWorks; Flex Benefits introduces insurance solution; and...
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