Legal

Strategic defaults in student loans, as in mortgages, will have long-term negative consequences for the U.S. economy. Here are 2 factors behind this rise in strategic defaults.

An appeal court has upheld a lower court ruling dismissing an excessive-fee claim against The Principal Financial Group.

The IRI says it's confident the DOL is taking the insurance industry's concerns seriously over the DOL's proposed fiduciary rule.

The Securities and Exchange Commission will continue to make oversight of 401(k) and IRA advice a top initiative in 2016, according to the release of the agencys exam priorities, plus ETFs, public pension plans, and more.

Fiduciaries for the Anthem 401(k) plan are being accused not of benefiting themselves but of being asleep, ERISA specialists say--and it may prove difficult to prove.

Participants in a 401(k) plan sponsored by Anthem lost millions in retirement savings due to unnecessarily high fees, according to a court claim.