Treasury department

ERISA at 40

ERISA at 40

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
Lessons learned from ERISA

Lessons learned from ERISA

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
Maryland CIO leaving for federal post on public pensions

Maryland CIO leaving for federal post on public pensions

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
 Treasury allows longevity annuities in retirement plans

Treasury allows longevity annuities in retirement plans

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
Perella Weinberg names former NYC deputy mayor as CEO

Perella Weinberg names former NYC deputy mayor as CEO

Robert K. Steel, former CEO of Wachovia, was named CEO of Perella Weinberg Partners.

May 28, 2014 | 02:56 pm

Poll results: Would a SIFI designation of a money manager impact your allocation to such firms?

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 remaining vigilant against FSOC

Money managers remaining vigilant against FSOC

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

Treasury Department starting unit that includes oversight of public pension funds

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

PIMCO emerging markets co-head nominated for Treasury post

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
Treasury and IRS offer rollover relief

Treasury and IRS offer rollover relief

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
Retirement: A welcome focus from the State of the Union

Retirement: A welcome focus from the State of the Union

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
Obama, Treasury detail new MyRA savings plan

Obama, Treasury detail new MyRA savings plan

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
Taper decision may boost interest in fixed income

Taper decision may boost interest in fixed income

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
Floating-rate securities gain	more attention

Floating-rate securities gain more attention

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.

November 11, 2013
Treasury: Default could be 'catastrophic,' lead to financial crisis

Treasury: Default could be 'catastrophic,' lead to financial crisis

An extended government shutdown could make the American economy “even more susceptible” to adverse effects from a debt ceiling impasse, officials at the Treasury Department warned in a...

October 04, 2013 | 03:29 pm