Retirement & Benefits

BlackRock's LifePath Paycheck offering gives participants in defined-contribution plans access to guaranteed income through a target-date fund.

The investment firm is among 600 organizations worldwide whose pension funds and benefits plan providers had participants' data breached recently.

An employee is suing Johnson & Johnson for breaching their fiduciary duty to effectively manage health benefits. This could drive major change in the industry.

The OMB has concluded its review of the DOL's new Retirement Security Rule, indicating that the controversial rule will be finalized sometime this spring.

The DOL's latest iteration, proposed in 2023 and soon to become final, will ensure that investment advisers prioritize clients' best interests when recommending investments.

Employers generally lack market power to effectively negotiate lower healthcare prices. They need to critically assess whether self-funding will help their bottom line.