The new offering combines investment management of retirement plans with financial wellness and coaching.

A rescue package from President Joe Biden’s administration doesn’t address the funds being unable to earn higher return rates, FundFire reports.

A new guide by the CFA Institute urging the use of passive rather than active funds in 401(k) plans may end up getting used by plaintiffs’ attorneys, according to Ignites.

The technology firm allegedly failed in seeking lower-cost and better-performing investments and didn’t adequately disclose information about the plan.

Las Vegas-based Alight went public through a special purpose acquisition company last month.

Investors who want to tap financial planning services of the new hybrid offering must have a minimum of $250,000 in investable assets.

“When the examiners are coming in, they're not looking vaguely at how you’ve implemented the rule,” according to one lawyer. “They have a checklist.”

Plan sponsors are looking for lower fees, better communication and better investment options, according to a new study.

The deal is valued at $3.55 billion and will bring Empower Retirement more than 4,300 workplace savings plans representing $314 billion in assets.

The Pension Benefit Guaranty Corp. has put out an interim rule on how pensions must invest the bailout package passed in Congress in early March.