It's been five years since President Barack Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act, a far-reaching law enacted in the wake of the 2008 financial crisis that aimed...
July 21, 2015 | 01:56 pm
The “flash crash” in U.S. Treasuries on Oct. 15, 2014, came from several factors, including high-frequency trading.
July 13, 2015 | 01:49 pm
General Electric Co. will seek to undo designation as a systemically important financial institution after it completes the sale of its lending business GE Capital, which it announced April 10.
April 13, 2015 | 03:18 pm
The Treasury Department and the IRS on Thursday announced new guidance to defined contribution plans offering auto-enrollment features that will make it easier for the plans “to easily correct...
April 02, 2015 | 03:33 pm
Litigation, regulation, legislation and some consternation emerged as dominant themes at the annual Pensions & Investments' East Coast Defined Contribution Conference, held March 1-3 in Miami.
March 04, 2015 | 06:53 pm
Some multiemployer pension fund executives are trying to figure out whether to take advantage of a controversial new reform law that allows potential benefit cuts for participants and retirees....
February 09, 2015
The Financial Stability Oversight Council agreed Wednesday to bring more transparency to its process for determining whether non-bank financial institutions are systemically important to the...
February 05, 2015 | 02:59 pm
Monetary policy divergence — and the opportunities and downfalls it presents — is set to take center stage in conversations among global money managers in 2015, with expectations that...
December 22, 2014
The Internal Revenue Service on Friday said defined contribution plans’ use of a target-date fund series containing deferred annuities won’t violate IRS rules against DC plans...
October 24, 2014 | 03:45 pm
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.