Washington

Firms oppose SEC's internal enforcement process

Firms oppose SEC's internal enforcement process

Pursuing enforcement actions in-house instead of through the courts has paid off for the Securities and Exchange Commission in recent years, but the agency might now be a victim of its own success.

March 09, 2015
DC East conference themes focus on litigation, regulation, cybersecurity threats

DC East conference themes focus on litigation, regulation, cybersecurity threats

Litigation, regulation, legislation and some consternation emerged as dominant themes at the annual Pensions & Investments' East Coast Defined Contribution Conference, held March 1-3 in Miami.

March 04, 2015 | 06:53 pm

Banks join technology chiefs to press Congress for cybersecurity bill

J.P. Morgan Chase, Lockheed Martin and Microsoft are among 32 technology, banking and retail companies urging lawmakers to pass legislation that provides legal protection for sharing hacking threats.

March 02, 2015 | 04:12 pm
DC execs expecting big changes from Obama push on fiduciary standard

DC execs expecting big changes from Obama push on fiduciary standard

With President Barack Obama now leading the charge, a multiyear battle to update a fiduciary standard for anyone giving retirement investment advice has defined contribution plan executives and...

March 01, 2015 | 11:30 pm

GAO report calls for more disclosure to participants in lump-sum offers

U.S. corporate defined benefit plan participants need to be given better information when offered a window to accept lump-sum payments to replace their lifetime benefits, a report from the Government ...

February 26, 2015 | 03:43 pm

Obama appoints new chairwoman of PBGC advisory committee

Joyce Mader was named chairwoman of the Pension Benefit Guaranty Corp.’s advisory committee on Tuesday.

February 24, 2015 | 04:26 pm
Settlements offer lessons in breach suits

Settlements offer lessons in breach suits

As sponsors and service providers continue settling ERISA fiduciary breach lawsuits, the rest of the defined contribution industry is taking careful notes.

February 23, 2015
Obama pushes for new fiduciary standard

Obama pushes for new fiduciary standard

President Barack Obama called for a new fiduciary standard proposal from the Department of Labor to protect middle-class retirement savers that he said are being hurt by some advisers' conflicts of...

February 23, 2015 | 04:14 pm
Company stock option fading from 401(k) plans

Company stock option fading from 401(k) plans

Company stock in defined contribution plans continues to shrink as a percentage of assets, plans offering the option and participants investing in it, recent research and surveys show.

February 23, 2015
State private retirement programs get help from president

State private retirement programs get help from president

Private-sector retirement solutions programs at the state level are getting a boost from the White House.

February 23, 2015
Fee on leverage misguided

Fee on leverage misguided

President Barack Obama's proposed financial fee on leverage that would apply to large investment management firms as well as other large financial institutions won't enhance market stability as it...

February 23, 2015

Pension cuts? All I worked "now was for nothing'

Pension cuts? All I worked "now was for nothing'

February 23, 2015

U.S. Chamber of Commerce warns of fiduciary rule overkill

A new fiduciary rule proposal expected shortly from the Department of Labor could have negative unintended consequences, said benefits policy experts at a U.S. Chamber of Commerce forum Friday.

February 20, 2015 | 03:46 pm

SEC round-table panelists debate necessity for universal proxy ballot

Corporations should adopt a universal proxy ballot enabling shareholders to vote for both management and activist nominees for boards of directors on the same voting card, Anne Simpson, senior...

February 19, 2015 | 03:58 pm
EBRI: Retirement savings gap stands at $4.13 trillion

EBRI: Retirement savings gap stands at $4.13 trillion

The Employee Benefit Research Institute published updated figures Tuesday examining the retirement savings gap. They note that the aggregate national retirement savings gap is currently $4.13...

February 17, 2015 | 04:02 pm