Sens. Ben Cardin, D-Md., and Rob Portman, R-Ohio, are urging Treasury officials to help defined benefit plan sponsors deal with non-discrimination rules that could prompt more soft-frozen plans that...
November 25, 2013 | 04:09 pm
Janet Yellen was approved by the Senate Banking Committee on Thursday to serve as chairwoman of the Federal Reserve for four years.
November 21, 2013 | 10:50 am
Charities and rural cooperatives got closer to pension funding relief Wednesday as the Senate Health, Education, Labor and Pensions Committee unanimously approved legislation co-sponsored by Chairman ...
October 30, 2013 | 03:09 pm
A package of reform proposals to help the most troubled multiemployer pension funds is running into more opposition from some union and retiree advocates.
October 29, 2013 | 03:59 pm
As Washington policymakers deal with the deadline dramas of an expiring budget resolution and the federal debt ceiling, money managers and their institutional clients are taking it all in stride.
September 30, 2013
Public defined benefit pension systems could purchase private annuities under a legislative proposal introduced Tuesday by Sen. Orrin Hatch, R-Utah.
July 09, 2013 | 03:54 pm
Rep. Phil Roe, R-Tenn., called for “broad, structural changes” in the multiemployer pension system at a hearing Wednesday of the House Education and the Workforce Subcommittee on Health,...
June 12, 2013 | 04:22 pm
Institutional Shareholder Services, Glass Lewis & Co. and other proxy advisory firms should be required to register as investment advisers with the Securities and Exchange Commission, according to...
June 05, 2013 | 04:08 pm
Thomas E. Perez was approved for confirmation as secretary of labor by the Senate Health, Education, Labor and Pensions Committee on Thursday.
May 16, 2013 | 02:48 pm
Sherwin-Williams Co. will put $80 million into its employee stock ownership plan to settle charges by the Department of Labor that it mismanaged the plan to take advantage of tax breaks.
February 21, 2013 | 03:36 pm
Sen. Tom Harkin, D-Iowa, vowed to have legislation creating a universal private retirement system enacted before he retires from the Senate at the end of 2014.
February 12, 2013 | 03:06 pm
Just as President Barack Obama is calling on Congress to close tax loopholes and deductions to reduce the deficit, Investment Company Institute is touting a survey that shows a majority of Americans...
February 07, 2013 | 04:24 pm
Sen. Tom Harkin, D-Iowa, was named Legislator of the Year by the National Conference on Public Employee Retirement Systems on Monday.
January 28, 2013 | 03:52 pm
Any fiscal-cliff resolution is being seen as nothing more than a “bare-bones” extension approved by the end-of-the-year deadline.
December 28, 2012 | 03:46 pm
Stocks fell for a fifth day on Friday, the longest slump since September, as lawmakers prepared for talks to avoid the fiscal cliff of spending cuts and tax increases looming in January. Treasuries...