Retirement

Brian Heckert, the new Million Dollar Round Table president, shares the story of how he entered the industry, as well as what he hopes to accomplish and insights on other issues facing the retirement industry.

John Engler, president of Business Roundtable, called on Secretary of Labor Thomas Perez to consider changes to the fiduciary proposal.

Commentary: it is particularly curious that the DOL’s proposed fiduciary regulation seems to introduce prohibitions that will likely prevent future modernization of such plans, says The Principal’s Aaron Friedman.

Retirement planning is harder than sticking to a diet and exercise program, millennials say.

Long an afterthought, retirement firms and advisers are pushing their clients to add auto escalation to employer plans.

Defined contribution savings are down but overall wealth accumulation is up.

Transamerica is to become Mercer’s preferred DC recordkeeping provider, which will likely boost Transamerica’s position in the retirement space, experts say.

Consulting firm Mercer is selling its U.S. defined contribution administration book of business to Transamerica. The deal, expected to close by the end of this year, will see Transamerica become Mercer’s preferred DC recordkeeping provider.

Can business leaders be coaxed into focusing on the serious economic threat posed by unbridled health care excesses?

Retirement confidence around the world is up, yet only a third of employees report receiving retirement information from their employer.