Significant attention is building around public-sponsored retirement plans for private-sector workers, but what will these plans mean for established industry providers?
A working group established by the Senate Committee on Finance shows support for a number of proposals to reform the American retirement savings system.
Labor Secretary Perez was just about the only witness called to a recent Congressional hearing to actually defend the DOL’s fiduciary redefinition effort.
In a section called “Reducing Harmful Red Tape,” the committee proposes a “provision prohibiting regulatory changes to the definition of the term ‘Fiduciary.’”
A group of Republican and Democratic members of the U.S. House introduced the Receiving Electronic Statements to Improve Retiree Earnings (RETIRE) Act.