Recent Stories
GAO: Service members need better info on new retirement plan

The Defense Department needs to bolster its financial education efforts for service members who participate in a new retirement system.
University of Michigan commits $359 million
7 Republican senators urge passage of SECURE Act

Seven Republicans are urging the Senate "to take action" on passing the SECURE Act as an important step to help workers save for retirement.
CII urges SEC to reconsider proxy advisory firm regulation

The Council of Institutional Investors sent a letter to the SEC urging it to change course on proxy advisory firms.
DC plans need to become more tech-savvy, customized – report

Defined contribution plans need to evolve to become more tech-savvy, customized, cost-effective and better governed, a report finds.
DOL shake-up touted as a plus for industry

A new labor secretary and a reorganization within EBSA could lead to increased guidance and a more uniform enforcement policy.
SEC launches asset management advisory committee

The SEC is launching an asset management advisory committee to address topics that affect investors and market participants.
Fed taking note of increased trade uncertainties, geopolitical pressures

Fed governors cited increased trade uncertainty and geopolitical pressures as reasons to cut the federal funds rate by a quarter-point.
Federal agencies approve Volcker rule changes

Five federal financial regulatory agencies approved changes to the Volcker rule in a move to provide relief to financial institutions.
SEC commissioner criticizes audit trail project

Commissioner Hester Peirce expressed concern about the amount of data to be soon collected by the SEC's consolidated audit trail.
Pension regulator at Delaware Public Employees to step down

Delaware Public Employees is searching for new pension administrator, following the retirement of David Craik, who steps down Jan. 1.
Plan Sponsor Council of America names Will Hansen next leader

Will Hansen will take over as the Plan Sponsor Council of America's executive director effective Jan. 1.
EBSA ready for reorganization, though Congress has questions

A proposed reorganization at EBSA is set to take effect on Oct. 1, but two congressional leaders have asked for a delay.
SEC wants updates to keep audit trail project on target

The SEC's consolidated audit trail is now on track and its proposed guidance aims to keep it that way, though some call it unnecessary.
Eugene Scalia ready to tackle the challenges at Labor Dept.

The Senate confirmed Eugene Scalia as the next secretary of Labor on Thursday in a 53-44 vote.