Alliant Techsystems Inc. has no current plans to replace Judith Mares, former vice president and chief investment officer who left to become political deputy assistant secretary of...
October 30, 2013 | 04:11 pm
Despite seeing signs of “growing underlying strength” and diminished downside risk in the economy, members of the Federal Open Market Committee meeting in Washington on Wednesday decided...
October 30, 2013 | 03:54 pm
President Barack Obama nominated Janet Yellen on Wednesday to chair the Federal Reserve when the term of current Chairman Ben Bernanke ends in January.
October 09, 2013 | 03:45 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
A White House proposal to cap the tax incentives available through retirement savings plans will negatively effect more defined contribution participants as interest rates recover from historically...
August 26, 2013 | 04:06 pm
Nancy-Ann DeParle, former assistant to President Barack Obama and deputy chief of staff for policy, was named partner at private equity firm Consonance Capital Partners.
August 08, 2013 | 10:40 am
Employer groups are pushing the Obama administration for guidance following the Supreme Court's June 26 decision that voided key provisions of the Defense of Marriage Act. That decision becomes...
July 18, 2013 | 03:55 pm
Thomas E. Perez was confirmed as secretary of labor by the Senate on Thursday by a vote of 54-46.
July 18, 2013 | 02:52 pm
President Barack Obama's federal budget proposal to restrict accumulations in retirement programs would, if enacted, affect in a direct way only a very few participants, but would undermine the...
April 29, 2013
The retirement- and investment-related tax proposals in President Barak Obama's fiscal 2014 budget are bargaining chips in the administration's battle with Republicans, Washington insiders say.
April 15, 2013
President Barack Obama's fiscal 2014 budget proposal unveiled Wednesday repeated calls for reducing tax incentives for retirement savings on higher income taxpayers with a new call to cap individual...
April 10, 2013 | 04:10 pm
The White House is expected to name civil rights attorney Thomas E. Perez as secretary of the Department of Labor this week.
March 11, 2013 | 04:02 pm
Distressed multiemployer plans show progress, but 'substantial percentage' still in peril — GAO study
Severely distressed multiemployer plans have made progress in solving their funding problems, but “a substantial percentage” of them do not expect to return to a healthier funded status,...
March 05, 2013 | 03:40 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
New pension accounting rules for federal contractors are going to require greater oversight from the Department of Defense, according to a Government Accountability Office study released Tuesday.