Empower CEO Edmund Murphy replied to Senator Elizabeth Warren’s questions and criticism surrounding the inclusion of private market investments in defined contribution retirement plans.

A new suit alleges that plan fiduciaries’ actions were “contrary to actions of a reasonable fiduciary and cost the Plan and its participants millions of dollars.” ...

We recently got another robust report on the state of American savings; this time it was Vanguard, more specifically their How America Saves 2025 report.