The Treasury Department and the IRS finalized regulations for hybrid retirement plans such as cash balance plans that have been pending since 2010.
September 19, 2014 | 04:17 pm
While the Employee Retirement Income Security Act of 1974 benefited millions of people, it did not live up to the “retirement income security” part of its name. Along with praise for what ...
September 01, 2014
ERISA was a farsighted law in many aspects, especially in defining and assigning fiduciary responsibility, including prohibition on conflicts of interests, to those overseeing pension funds. But...
September 01, 2014
A. Melissa Moye is resigning as chief investment officer of the $45.4 billion Maryland State Retirement & Pension System, Baltimore, officials announced Monday.
August 04, 2014 | 02:00 pm
The Treasury Department on Tuesday announced a final rule that will facilitate retirement plan participants' access to deferred-income annuities.
July 01, 2014 | 01:08 pm
Robert K. Steel, former CEO of Wachovia, was named CEO of Perella Weinberg Partners.
May 28, 2014 | 02:56 pm
If the Financial Stability Oversight Council determines that large money managers are systemically important financial institutions, most P&I Online readers would not change their investments with...
May 27, 2014 | 03:54 pm
Money managers watching the Financial Stability Oversight Council grapple with systemic risk breathed more easily after being given a chance at a recent Washington conference to explain what they do. ...
May 26, 2014
The Treasury Department is creating an Office of State and Local Finance to coordinate the department's efforts to oversee developments in state and local financial markets, including public pension...
April 17, 2014 | 05:21 pm
Ramin Toloui was nominated by President Barack Obama on Thursdayto serve as the Treasury Department's deputy undersecretary for international finance, according to a White House...
April 11, 2014 | 04:16 pm
The Treasury Department and Internal Revenue Service issued guidance Thursday that removes a cumbersome step sponsors of retirement plans must take when accepting rollovers from other employers'...
April 03, 2014 | 03:54 pm
Not too long ago, talk of a retirement crisis, the reaction, more often than not, was “I'll believe it's a crisis when people start acting like it's a crisis.”
February 05, 2014 | 09:31 am
President Barack Obama directed the Treasury Department on Wednesday to create the “MyRA” retirement savings bond program mentioned in his State of the Union address Tuesday night to...
January 29, 2014 | 01:52 pm
Money managers' response to the Federal Reserve's decision to cut its monthly bond purchases to $75 billion in January from $85 billion is much more optimistic than it was when the topic first was...
December 23, 2013
Institutional investors' appetite for floating-rate securities is growing, and they are eagerly anticipating the U.S. Treasury Department's January auction of floating-rate notes.