A New York judge dismissed a lawsuit challenging General Electric's pension risk transfer to Athene, affirming the legality of PRT deals under ERISA and supporting insurer participation in pension risk markets.
President Trump's executive order expands 401(k) investment options to include private equity and alternative assets, offering new diversification opportunities while raising fiduciary and regulatory considerations for retirement plans.
A federal judge dismissed a lawsuit by former General Electric employees challenging a $1.7 billion pension risk transfer to Athene, citing lack of standing under ERISA. The ruling highlights judicial support for pension risk transfers as compliant and lawful.
The District of Massachusetts court ruled partially on summary judgment in an ERISA dispute involving life insurance benefit denials by Hartford Life & Accident Insurance Company linked to Tufts Medical Center Physicians Organization.
Explore how 401(k) plan sponsors can enhance lifetime income options with annuities, navigating fiduciary duties and leveraging SECURE Act provisions for better retirement outcomes.
New Jersey completes nationwide adoption of NAIC best-interest annuity standards, aligning state and federal regulations on insurance producer obligations and consumer protections.
Scholars argue for enhanced Department of Labor regulations under ERISA to improve fiduciary duties in selecting employer-sponsored health insurance, advocating for transparency and value in plan choices.
The Ninth Circuit is set to determine the enforceability of a choice-of-law provision in an ERISA case impacting California insurance regulations.
