Retirement

Lockheed Martin, the global security and aerospace company, is in settlement talks with former employees that alleged the company imposed excessive 401(k) plan fees.

The DOL for 2015 has appointed five new members to its ERISA advisory council tasked with investigating and advising the Obama administration on subjects affecting employee benefit plans.

New Year’s resolutions aren’t just for dieters and exercisers. The start of a new year is an ideal time for retirement plan sponsor to assess the effectiveness of their plan. Virtually all plan sponsors have areas that are ripe for improvement.

2014 brought increased emphasis on retirement plans as employers are offering more engaging tools and creating a more holistic view of benefit offerings.

Reflecting on the challenging and exciting changes to employee retirement plans in 2014 - from the myRA to fee disclosure rules - plan sponsors and advisers certainly had their hands full.

When it comes to robust retirement systems around the globe, the U.S. is ranked 19 of 150 different countries, and American business – from lawmakers to employers and plan sponsors – can learn from some of those international success stories.

An eight-year-old lawsuit against aerospace giant Lockheed Martin Corp., launched by employees who claim the company's retirement plan overcharged them and critically underperformed, hit the Illinois courtroom Dec. 15.

A plan needs to be established for replacing business owners and/or C-suite executives to ensure a smooth transition and to keep the company sustainable and thriving.

A bipartisan, yet controversial, effort to help stabilize the retirement futures for Americans through a substantial reform of the multiemployer pension plan system passed through the House this week.

With a still-recovering economy, weakened retirement plan offerings and the uncertainly of supplemental income in retirement, many workers are opting to stay put, adding unforeseen burdens to employers.