The House Ways and Means Committee by voice vote approved a massive retirement security package known as SECURE Act 2.0.
The Labor Department's new investment-advice guidance makes clear that rollover recommendations will be a major focus moving forward.
Institutional investors are warming to the idea of investing in digital assets.
Two public pension funds in Virginia were the first asset owners to commit to a fund that invests primarily in blockchain technology firms.
A Trump-era investment-advice exemption was allowed to take effect in February, but the DOL signaled it has more work to do on the issue.
The DOL's non-enforcement policy for two Trump-era rules is welcome news for fiduciaries, but an ESG-investing boom isn't expected just yet.
LIBOR is going away and the transition to new rates has plenty of hurdles.
Masco Corp. plans to contribute about $140 million to its qualified U.S. defined benefit pension plans in 2021.
Ford Motor Co. plans to contribute $600 million to $800 million to its non-U.S. defined benefit plans in 2021.
The South Carolina Retirement System Investment Commission revamped its portfolio by taking a more passive approach.
President Joe Biden withdrew nominations for three Federal Retirement Thrift Investment Board nominees made by predecessor Donald Trump.
Marty Walsh promised to prioritize workers' rights and fix pension plan funding should he be confirmed to lead the Labor Department.
SEC Commissioner Hester M. Peirce is optimistic the agency will provide clarity on cryptocurrency assets with Gary Gensler at the helm.
New guidance on missing participants from the Labor Department is helpful, but for stakeholders it presents concerns of its own.
The Department of Labor appointed five new members to its ERISA Advisory Council.
The Department of Labor has unveiled three pieces of guidance related to missing participants, including a range of best practices.
Hopes are high for Congress to pass another retirement security package in 2021.
Ascensus and Empower Retirement announced the purchase of Truist Financial Corp.'s institutional 401(k) record-keeping businesses.
President Trump reintroduced three nominations to the Federal Retirement Thrift board, along with Judy Shelton to serve on the Fed board.
The nominations of three men to the Federal Retirement Thrift Investment Board has not yet been approved by the full Senate.