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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.
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Product & Service Launches
Pacific Life enhances suite of annuities; TIAA and Nuveen lifetime income default target-date offerings approach $35 Billion; Cetera launches active...
NAGDCA Highlights CITs in 403(b)s and Roth Rollovers as Key Legislative Priorities
NAGDCA also listed delayed implementation dates and the creation of a National Retirement Security Month.
DOL Rejects GAO Recommendation to Update TDF Guidance
GAO reports that the DOL does not offer adequate guidance on how to interpret differences across TDFs.
Alcoa Corp. Faces Lawsuit Over PRT Deal with Athene
This is the third case that law firm Schlichter Bogard LLP has brought against a company following a pension risk...
DOL Sues Third Profit-Sharing Plan in 2024
The Department of Labor is continuing its enforcement push against profit-sharing plans.