Regulation

Use of excess DB plan assets for health care extended to 2025

Use of excess DB plan assets for health care extended to 2025

Excess defined benefit plan assets can now be used to pay for retiree health care and life insurance through 2025.

July 31, 2015 | 02:32 pm

Financial Stability Board suspends plans on designating managers systemically important

The Financial Stability Board will wait to finalize the methodologies for delegating money managers as systemically important financial institutions until its work on risks from money management...

July 31, 2015 | 01:57 pm

Managers bemoan absence of EU ‘passport’

Money management industry associations criticized a recommendation by the European Securities and Markets Authority not to grant U.S. managers an extension of a passport to market alternative...

July 31, 2015 | 01:52 pm
Treasury Secretary Lew backs Puerto Rico bankruptcy protection

Treasury Secretary Lew backs Puerto Rico bankruptcy protection

Treasury Secretary Jacob Lew supports allowing Puerto Rico to access Chapter 9 bankruptcy protection as the commonwealth struggles to deal with $72 billion in debt.

July 29, 2015 | 03:15 pm

Revisions to IORP applauded in U.K.

A draft report on the proposal for the second iteration of the European pensions directive, known as the Institutions for Occupational Retirement Provision II, has been broadly welcomed by the U.K....

July 28, 2015 | 02:33 pm
IRS deepens focus on lifetime income with lump-sum ban

IRS deepens focus on lifetime income with lump-sum ban

The Internal Revenue Service's unexpected decision July 9 to ban lump-sum payments to retirees has plan sponsors keeping one eye open for further regulation but still considering those payouts for...

July 27, 2015
Assessing the impact of  Dodd-Frank 5 years later

Assessing the impact of Dodd-Frank 5 years later

It's been five years since President Barack Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act, a far-reaching law enacted after the 2008 financial crisis that aimed to stave...

July 27, 2015

Plan sponsors must face up to Tibble ruling

The U.S. Supreme Court's decision in Glenn Tibble et al. vs. Edison International et al. could lead sponsors of defined contribution plans to take extreme actions ranging from cutting back on...

July 27, 2015
New best practice threshold for endowments, foundations

New best practice threshold for endowments, foundations

A few decades ago, endowments and foundations were rarely in the public spotlight for reasons other than their core mission. Now, they are in the glare — a harsh one, sometimes — of...

July 27, 2015
DOL fiduciary proposal elicits torrent of comments

DOL fiduciary proposal elicits torrent of comments

Comment letters on the Department of Labor's proposed fiduciary rule poured in July 21, the last day of the comment period.

July 27, 2015
Comments about Dodd-Frank

Comments about Dodd-Frank

As with any regulatory and legislative efforts, the Dodd-Frank Act has its critics and supporters. To gauge the impact of the law, Pensions & Investments reporters reached out to regulators,...

July 27, 2015 | 12:01 am

PBGC looks to reduce reporting waivers for large plans

Fewer large defined benefit plan sponsors will be able to skip Section 4010 reporting under a rule change the PBGC will propose shortly.

July 24, 2015 | 03:41 pm

IRS moves to raise tax rate on private equity management fees

Private equity firms will no longer be able to convert income from management fees into capital gains, which are taxed at a lower rate, under a proposed rule by the IRS published in the Federal...

July 23, 2015 | 03:49 pm
House panel calls on DOL to withdraw proposed fiduciary rule

House panel calls on DOL to withdraw proposed fiduciary rule

Republican members on the House Education and the Workforce Committee want the Department of Labor to withdraw its proposed fiduciary rule.

July 23, 2015 | 12:42 pm

SEC names co-head of private funds unit

Jennifer Duggins was named senior specialized examiner and co-head of the SEC’s private funds unit within the office of compliance inspections and examinations, an SEC official ...

July 23, 2015 | 03:41 pm