Lawmakers reintroduce climate-risk disclosure bill
April 16, 2021 03:23:57 PMHouse and Senate Democrats introduced the latest version of a bill that would require public companies to disclose climate-related risks.
Senate bill seeks to make U.S. climate-change leader
April 16, 2021 03:18:26 PMLegislation that would boost America's role as a global leader in addressing climate change was introduced in the Senate.
Regulators endorse federal LIBOR transition bill
April 16, 2021 12:25:02 PMLawmakers and regulators called for legislation to provide a replacement framework for outstanding financial contracts tied to LIBOR.
Legislation may encourage super funds to invest in risky assets
April 13, 2021 06:16:32 PMGPIF treads water as ESG picks up pace
April 12, 2021 11:38:43 AMThe Government Pension Investment Fund had charted a course for sustainable investing, but is now treading water when it comes to ESG.
Q1 2021 legal overview report
April 09, 2021 03:54:52 PMDuring the first quarter of 2021, 30 ERISA-related lawsuits were filed and/or updated. Each instance represents the involved parties either reaching a settlement or filing an appeal, or a court decision was made. The parties involved in the ERISA lawsuits in the first quarter included 10 financial firms, two health care-related firms, two universities, and prominent companies such as Johnson & Johnson, Raytheon Co., General Electric Co., Intel Corp., Mercedes-Benz U.S. International Inc., and IBM, whose case was reviewed by the U.S. Supreme Court.
Florida Senate bill seeks to close state pension plan to most new hires
April 09, 2021 12:27:25 PMFlorida's Senate approved a bill that would close the Florida Retirement System Pension Plan to most new hires starting in mid-2022.
Kentucky slates $247.5 million for private equity
April 05, 2021 12:40:05 PMInnovations in DC: Helping Supercharge Retirement Outcomes
April 05, 2021 12:30:01 AMWith impetus from regulation and technology advances, change is blowing through the DC world. Read the latest on plan design, lifetime income solutions, asset allocation considerations, participant communication, pooled plans, and more.
New PEPs targeting firms without retirement plans
April 05, 2021 12:00:00 AMTwo pooled plan providers are wooing employers without 401(k) plans in a bid to establish themselves in the marketplace.
CITs become preferred target-date series choice
April 05, 2021 12:00:00 AMIn the target-date asset arena, collective investment trusts are growing faster than their still-larger mutual fund peers.
Strengthening markets affect contributions
April 05, 2021 12:00:00 AMU.S. corporations with defined benefit plans have many ways to approach contributions in the wake of new funding relief.
Kentucky lawmakers override veto of teachers hybrid plan
March 30, 2021 11:40:58 AMThe Kentucky General Assembly overrode the veto of a bill that would move new participants in the teachers pension fund to a hybrid plan.
New York Legislature passes LIBOR transition bill
March 25, 2021 02:02:04 PMLawmakers in New York passed a bill to provide a replacement framework for outstanding financial contracts tied to LIBOR.
Australian legislation may push super funds away from clean energy investments
March 24, 2021 12:06:19 AMLIBOR’s end leaves nearly $2 trillion of debt facing legal limbo
March 23, 2021 10:53:11 AMNearly $2 trillion of debt pegged to dollar LIBOR won't mature until after the discredited rate expires in mid-2023.
Lawmakers ask money managers for diversity disclosure
March 19, 2021 03:36:13 PMLarge U.S. investment firms should disclose their diversity data and policies, two members of Congress said in a letter sent to 31 firms.
Risky trading targeted in Democratic proposal for financial transaction tax
March 19, 2021 12:06:22 PMInvestors would face a 0.1% tax on each sale of stocks, bonds and derivatives under a proposal aimed at curbing risky trading behaviors.
COVID-19 relief bill passes House; includes aid for pension plans
March 10, 2021 02:35:47 PMFinal passage of a massive COVID-19 relief bill came Wednesday with House approval, along a 220-211 mostly party-line vote.
The end of LIBOR to be anything but simple
March 08, 2021 12:00:00 AMLIBOR is going away and the transition to new rates has plenty of hurdles.
Contribution catch-up for caregivers gaining favor
March 08, 2021 12:00:00 AMEven though a bill to help caregivers boost their retirement savings hasn't gotten much buzz, it's still managed to gather fans.
Collective DC plans a new part of U.K. retirement matrix
March 08, 2021 12:00:00 AMU.K. plan sponsors are one step closer to being able to offer collective defined contribution arrangements to their employees.
Oklahoma latest state to consider employer-mandated IRA
March 03, 2021 04:04:10 PMOklahoma lawmakers introduced legislation to create a program requiring employers without a retirement plan to offer one to employees.
Multiemployer pension measures cleared for relief bill vote
March 02, 2021 03:19:01 PMLegislation to help struggling multiemployer pension funds is to remain in the COVID-19 relief measure headed for a Senate vote.
Virginia passes private-sector auto IRA bill
March 01, 2021 12:44:13 PMVirginia lawmakers approved legislation creating an automatic enrollment IRA for employees with no access to a workplace retirement plan.