The lawsuit filed in Texas says the carrier's failure to remove an underperforming fund option, which holds over $2 billion in assets, has cost plan members millions.
Employees may be concerned over potential changes to their retirement benefits during a company merger or acquisition. Here’s ...
Monthly Minute highlights a recent Texas court decision holding ESG investing violated ERISA and a new development in the J&J ...
On January 10, 2025, the U.S. District Court for the Northern District of Texas (the “Court”) held, in Spence v. American Airlines, Inc., ...
A beneficiary is someone who receives a financial asset that was once owned by someone else. Choosing beneficiaries helps ...
(UWWM) is pleased to announce that Edmund T. "Ed" Baxa Jr. has joined the firm as a mediator, bringing with him extensive ...
The 1,700-member class will receive $10 million in increased benefits, and attorneys representing the retirees will receive ...
Northern Trust Co.'s $6.9 million class settlement over the in-house target date funds in its employees’ 401(k) plan received initial approval from a Chicago federal judge.
For its part, BlackRock said in response to O’Connor’s ruling that it acts “independently and with a singular focus on what’s in the best financial interests of our clients. Our only agenda is ...
Criminals are using artificial intelligence to craft more convincing phishing attacks, leaving businesses and retirement ...
The investment strategy of Truth.Fi will be guided by financial services firm Charles Schwab, which will oversee asset ...