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States seek workplace retirement plans

05/22/2015 | Consumers Digest

According to the latest data, about 55 million U.S. private-sector workers don’t have access to a workplace retirement-savings plan, and states want to change that.


As Pension Recoupment Grows, Advocates For Pensioners Offer Advice to Agencies

05/19/2015 | Bloomberg BNA's Pension & Benefits Reporter

Pension plans have been ratcheting up demands that retirees reimburse them for benefit overpayments, and a lack of government guidance has pushed those efforts even further, advocates for pensioners told Bloomberg BNA.


As Church Plan Debate Hits Next Level, 3rd Cir. Receives Competing Amicus Briefs

05/19/2015 | Bloomberg BNA's Pension & Benefits Reporter

More than two years into a litigation effort challenging the way large hospitals run their pension plans, all eyes are on the U.S. Court of Appeals for the Third Circuit, which recently received a flood of amicus briefs arguing both sides of the debate.


Supreme Court decision should help lower 401(k) fees

05/18/2015 | San Francisco Chronicle

In a decision that should put further downward pressure on 401(k) fees, the Supreme Court ruled unanimously Monday that the trustees in charge of such plans have an ongoing duty to monitor plan investments.


More GOP Senators Press DOL to Extend Fiduciary Comment Period

05/13/2015 | ThinkAdvisor

Lawmakers on both sides of the aisle continue to pressure the Department of Labor to extend the comment period on its revised plan to amend the definition of fiduciary for retirement accounts.


Lawmakers Ask DOL’s Perez to Extend Fiduciary Comment Period

05/08/2015 | ThinkAdvisor

Lawmakers asked Labor Secretary Thomas Perez in two separate letters this week to extend by another 45 days the comment period on the Department’s redraft of its rule to amend the definition of fiduciary under the Employee Retirement Income Security Act.


Split with White House widens as Democratic lawmakers ask DOL to extend comment deadline on fiduciary rule

05/08/2015 | Investment News

More than two dozen Democratic lawmakers are asking the Labor Department to extend the comment period on a controversial rule that would raise investment advice standards for brokers working with retirement accounts.


A small victory in the war over pensions

05/06/2015 | Al Jazeera America

Religious exemptions to pension guarantees have led to theft, but workers at one New Jersey hospital fought back


Pension Plan Clawbacks Becoming More Common In U.S.

05/05/2015 | IRA Market Report

In recent months, many seniors have been surprised to find that they have been the subject of a pension plan clawback, an action that is occurring more frequently across the United States.


Major Financial Players Lobby Around Obama’s Investment Rules

05/01/2015 | Center for Responsive Politics

In the months since President Obama announced his support for new retirement investment rules that would stop advisers from pushing high-fee plans on small-fry American investors, several major financial organizations have lobbied hard on a bill that would undermine the commander in chief’s agenda, according to recently released lobbying records for the first quarter of the year.