Retirement

With the final comment period for the DOL’s proposed fiduciary rule closing later this month, experts say the pressure is on regulators to issue a final rule before President Obama leaves office.

General Electric Co. is trying to sell the asset management arm that oversees the company’s pension plan as it continues to cut back on non-manufacturing operations.

Kraft Heinz Co., which counts Warren Buffett’s Berkshire Hathaway Inc. as its largest shareholder, is pushing some of its retirees to health exchanges as the company cuts expenses.

Retirement plan sponsors need more clarity with QDIA regulations, says the Government Accountability Office.

The DOL’s proposed fiduciary rule presents complex challenges to advisers, clients and will exacerbate the savings crisis in America, NAIFA warned Congress Thursday — two weeks before the comment period on the controversial rule closes.

Non-government money market funds in 401(k) plans are likely to be institutional prime money market funds that will be affected by reform rules announced by the SEC.

Commentary: Complacency can be a dangerous strategy when it comes to defined benefit plans, says The Principal’s Mike Clark.

Employees are gaining confidence in their short-term finances but the majority is still not saving enough for retirement.

The retirement system continues to change, with close to half of all corporate DB plans now closed to new entrants.

Stock market swings reiterate need for ongoing retirement plan communication.