The Department of Labor had already ceased defending the investment advice rule and is now joining the plaintiffs in requesting that it be fully vacated.

In rejecting an offer from Victory Capital, the board of the asset manager prioritized the accepted offer from Trian Fund Management and General Catalyst.

Women are increasingly taking roles in wealth management, but tend to lag in firm ownership, revenue generation and long-term leadership, according to data from Fintrx.

In a fiduciary breach case brought against Genworth's 401(k) plan, the Fourth Circuit ruled that ERISA claims tied to defined contribution plans involve individualized losses and cannot continue as ...

The Internal Revenue Service has slowly rolled out guidance on Trump Accounts—tax-advantaged investment accounts for children created under 2025 tax law—but has not yet clarified the investment rules ...

After choosing not to defend the regulation in an earlier case, the Department of Labor has again declined to oppose a motion for final judgment in a second legal challenge to the fiduciary rule.

Data from PLANSPONSOR and Ascensus show an increased need for plan awareness and understanding to address a lack of plan contributions.

Cresset Capital Management LLC, a multi-family office and registered investment advisory firm with $235 billion in assets under management and advisement, announced the promotion of President Susie ...

Thinking past February, Rob Austin, Alight’s head of thought leadership, told PLANSPONSOR that the global conflict in Iran has not increased 401 (k) trading much so far in March.

Hardship withdrawals refer to the type of withdrawal participants make to access a portion of their savings for financial strains such as eviction, home foreclosure, college education expenses not ...

GW&K promotes Michael Clare to president; Jason Levy promoted to head of retirement policy at Great Gray; Hashdex appoints ...

At recent Securities and Exchange Commission roundtables, experts warned that without clearer disclosures on valuation, liquidity and fees, private assets will remain difficult to offer responsibly.