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Surge in pension risk transfer lawsuits, as private equity pursues annuity assets
In the last year, Lockheed Martin, AT&T, Alcoa and GE have been sued by employees in class action lawsuits over the PRT deals made with a private equity firm, alleging the firm “breached their fiduciary duty,” says law firm Schlichter Bogard.
Student debt delinquencies threaten credit access for millions
In a report released last month, the Government Accountability Office estimated that about 10 million borrowers – more than one-quarter of the total – were behind on payments as of the end of January.
After 50 years of milestones, the retirement industry is bracing for yet more innovation
Just like auto enrollment and the default selection of target-date funds, the adoption of auto portability was given a push by SECURE 2.0 and the upcoming Saver's Match Program will allow low-income workers to save even more for retirement.
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Portable Solutions Group defeats renewal hike with a switch to Nonstop Health
In this case study, read how PSG’s broker introduced them to first-dollar coverage.
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