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The Missouri law firm is accused of diverting retirement plan contributions to pay company operating expenses. The retirement plan advisory industry continues to evolve, both in business structure and ... The trusted information and solutions resource for America's retirement benefits decision makers | PLANADVISER
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News
The Standard Exceeds $5B in PEP Assets
4+ day, 9+ hour ago (160+ words) Pooled employer plan assets totaled $34 billion as of year-end 2025, according to survey data. The Standard Insurance Co., a subsidiary of StanCorp Financial Group Inc., announced today that it surpassed $5 billion in pooled employer plan assets under administration. In July, the…...
Program Administrator, Multi-State Partnerships Sought by Washington Saves
2+ week, 2+ day ago (328+ words) The state-facilitated retirement program is expected to launch next July. The governing board of Washington Saves, Washington’s state-facilitated individual retirement account program, issued this week a request for proposals seeking a program administration provider, as well as a request for…...
Parents Want More Financial Education in Schools
3+ week, 2+ day ago (435+ words) Surveyed parents strongly supported financial education, but say their children are getting less instruction in investing and retirement planning. That support did not necessarily mean parents knew what their schools were providing. Only 63% of all parents said they were aware…...
ERIC Urges Appeals Court to Uphold Dismissal favoring Progressive in Surcharge Case
2+ week, 5+ day ago (358+ words) The ERISA Industry Committee filed an amicus brief urging the U.S. 6th Circuit Court of Appeals to support the district court’s dismissal of claims that Progressive’s employee health plan violated ERISA. In Greene v. Progressive Corp., two plan participants sued Progressive in…...
NFP Finds Succession Planning Support Vital for Executive Benefits
2+ week, 6+ day ago (1335+ words) Succession planning has become a key focus for 62% of executives, but many organizations have yet to align benefits with leadership transition goals. Most organizations are concerned about losing their key leaders, yet many have not developed executive benefit strategies to…...
District Judge Lets Some ERISA Claims Against Independence Administrators Stand
3+ week, 5+ day ago (499+ words) The food and facilities services company Aramark alleges its third-party health-plan administrator breached fiduciary duties and engaged in prohibited transactions under ERISA. At the center of Pappert’s ruling was QCC’s status as an ERISA fiduciary for the conduct Aramark challenged....
How Advisers Can Break Down Barriers Between Saving, Spending
3+ week, 5+ day ago (622+ words) An IRIC white paper suggests the retirement industry should build ‘behavioral infrastructure’ for decumulation. Five behavioral barriers prevent participants from saving and spending comfortably in retirement, but the industry is capable of building “infrastructure” to address each, according to a…...