Amanda Umpierrez is the Managing Editor of 401(k) Specialist magazine. She is a financial services reporter with nearly a decade of experience and a passion for telling stories and reporting news. She is originally from Queens, New York, but now resides in Denver, Colorado.
DC Employers Increasingly Offer Retirement Income Solutions
More DC plan sponsors are evolving from an exploratory to a decision-oriented position when it comes to incorporating retirement income solutions, finds T. Rowe Price
Employee Fiduciary Looks to DOL for 401(k) Fee Transparency
In a public letter, Employee Fiduciary requested for improvements to annual fee disclosures that those in participant-directed 401(k) plans receive
Middle-Class Americans Likeliest to Adopt Annuities
Research from the Committee of Annuity Insurers finds middle-class Americans have consistently used annuities over the past three decades to accumulate retirement savings
Corporate Roundup: eMoney Adds Latest Features, The Standard Hires
eMoney Advisor announces enhancements to its plan summary report, The Standard brings in new directors to its retirement plan sales team, and more
Republican Lawmakers Push DOL to Halt Work on Fiduciary Rule
In a new letter to the DOL, Sen. Bill Cassidy (R-LA) and Rep. Virginia Foxx (R-N.C.) asked the DOL to "cease further action" on the fiduciary rule
Federal Judge Sides with DOL on ForUsAll Crypto Complaint
In the dismissal, a district judge ruled that ForUsAll could not prove the DOL's guidance had financially harmed its business
Prudential to Pay Out $1 Billion in PRT Deal with PSEG
The deal will fulfill pension plan obligations for 2,000 retirees previously employed by a PSEG business segment
American Airlines Pilot Maintains Claims in Amended 401(k) Complaint
The pilot doubled down on his claims that American Airlines prioritized ESG funds, after the airline filed a motion to dismiss
Nikki Haley Again Calls for Raising the Retirement Age
The former South Carolina governor proposed increasing the full retirement age for Gen Z and Millennial workers
TD Ameritrade Named in Another Suit Over MOVEit Breach
Plaintiffs accuse the financial institution of failing to safeguard and protect their personal information from an attack they state was foreseeable