PBGC director nominee W. Thomas Reeder Jr. will work to increase retirement savings and help multiemployer plans if he becomes director of the Pension Benefit Guaranty Corp., Mr. Reeder said at his...
July 23, 2015 | 03:38 pm
A coalition of public pension fund trustees wants the Securities and Exchange Commission to require more disclosure of private equity fees.
July 22, 2015 | 03:11 pm
Labor Secretary Thomas Perez is receiving backup from a diverse group of House Democrats as the agency works to update its fiduciary rule.
July 22, 2015 | 03:44 pm
Comment letters on the Department of Labor's proposed fiduciary rule poured in Tuesday, the last day of the comment period, with many groups representing retirement plan investment and service...
July 21, 2015 | 04:10 pm
The Department of Labor should switch to negotiated rulemaking to produce a new fiduciary standard, U.S. Chamber of Congress officials said Monday.
July 20, 2015 | 03:43 pm
Pension risk transfer to insurance companies could increase systemic risk in the U.S. financial system, the International Monetary Fund warned in a new report.
July 17, 2015 | 03:45 pm
Martin Wheatley will resign as CEO of the Financial Conduct Authority effective Sept. 12, said a spokeswoman for the regulator.
July 17, 2015 | 12:44 pm
SEC enforcement practices could be improved by making them more clear and predictable, the U.S. Chamber of Commerce's Center for Capital Markets Competitiveness said in a report Wednesday.
July 15, 2015 | 04:00 pm
The DOL has issued guidance for defined contribution plan sponsors, clarifying their fiduciary responsibilities under certain circumstances for the monitoring and reviewing of annuities as benefit...
July 14, 2015 | 02:27 pm
States interested in creating their own programs for private-sector retirement savings will have further guidance from the Department of Labor by the end of the year, President Barack Obama said.
July 13, 2015 | 02:10 pm
Trustees of struggling multiemployer pension funds have a narrow window of opportunity to do more than just cut benefits in order to survive, if they can take advantage of the Pension Benefit...
July 13, 2015
Money managers want the Securities and Exchange Commission to examine maker-taker rebates — to limit or eliminate them for all stock trades — claiming that the rebates spur broker-dealers ...
July 13, 2015
How is it possible to introduce a myriad of new operational and compliance-related spending to the overall organizational structure in response to the changing regulatory environment, while at the...
July 09, 2015 | 12:01 am
Pension benefits and other retirement annuities will be protected from creditors in Connecticut under a new law.
July 07, 2015 | 04:23 pm
Patriarch Partners and CEO Lynn Tilton lost their bid to have a U.S. District Court judge stop an SEC administrative proceeding against them, but are appealing the decision.