Treasury department

Mnuchin says IRS to ban hedge fund tax dodge on carried interest

Regulation -

Regulation -

Treasury Secretary Steven Mnuchin said the IRS plans on closing a loophole that hedge fund managers had been trying to exploit to avoid paying higher taxes on carried-interest profits.
Jump in U.S. yields may not lure foreign cash, and here's why

Markets -

Markets -

Treasuries are offering the highest yields in four years — and a multiple of those in Japanese and European bond markets.
Treasury market absorbs the most punishing January since 2009

Markets -

Markets -

The U.S. Treasury market is delivering investors a loss of historic proportions to start 2018.
Sponsors cite new tax law in improving 401(k) plans

DEFINED CONTRIBUTION -

DEFINED CONTRIBUTION -

The new tax law played a role in several companies' decisions to enhance their 401(k) plans.
MetLife, FSOC end legal case over SIFI designation

REGULATION -

REGULATION -

MetLife and the Financial Stability Oversight Council agreed to end the legal fight over the company's designation as a non-bank systemically important financial institution.
U.S. Treasury 10-year yield rises to highest level since 2014

MARKETS -

MARKETS -

The benchmark Treasury yield rose Friday, extending a sell-off in the world's largest-debt market that began last September.
2 multiemployer plans reapply for benefit cuts

PENSION FUNDS -

PENSION FUNDS -

Two multiemployer pension funds whose applications to reduce benefits were rejected or withdrawn have submitted new ones under the Multiemployer Pension Reform Act of 2014.
Renewed focus, action needed for defined contribution plan annuities

OPINION -

OPINION -

It is time to move forward and clear the path to providing in-plan annuities options for defined contribution plan participants.
Spending battles putting national debt in jeopardy

WASHINGTON -

WASHINGTON -

Investors are closely watching Congress as it races to pass spending bills to avoid a Jan. 19 shutdown.
Commentary: The world according to Trump – Year 2

INDUSTRY VOICES -

INDUSTRY VOICES -

Donald Trump's first year as president left many in asset management wondering what to expect. What does 2018 hold?
Leon Black's tax-overhaul dilemma could alter Wall Street model

MONEY MANAGEMENT -

MONEY MANAGEMENT -

Overhauled tax rules may cause some publicly traded partnerships – including private equity firms – to revisit their business structures.
Tax cuts, bonds and the look ahead

editorial -

editorial -

The far-reaching Tax Cuts and Jobs Act that Congress passed on Dec. 20 is likely to affect institutional investors for years.
Tax reform deal has few answers, many questions

WASHINGTON -

WASHINGTON -

The ambitious tax overhaul leaves plenty of unanswered questions and fears of glitches due to the speed of its passage.
President Trump signs tax reform into law

Washington -

Washington -

President Donald Trump signed major tax reform legislation Friday, following approval earlier in the week by the Senate and House of Representatives.
Kroger officially withdraws from Teamsters Central States

Pension Funds -

Pension Funds -

Kroger and the International Brotherhood of Teamsters have ratified a new labor agreement to withdraw active Kroger participants from Teamsters Central States.