UPDATE, MARCH 14: The provision described below was subsequently withdrawn. For more on that development, click here.The Connecticut Retirement Security Board has taken another step forward with its implementation plan by introducing legislation creating the Connecticut Retirement Security Program... READ MORE

Though specific policy details remain elusive on many key issues in the 2016 presidential campaign, the tax reform proposal of a leading candidate could undermine the 401(k).Today is the day of the New Hampshire primary contests, a critical time in the 2016 presidential campaign. Sen. Marco Rubio (... READ MORE

Economists and retirement policy wonks gathered at a Washington D.C. think tank Jan. 20 for a presentation and discussion about the distribution of retirement benefits. The discussion focused on new research from Peter Brady, a senior economist at the Investment Company Institute, that examined the... READ MORE

The Financial Services Roundtable recently hosted an event on Capitol Hill that amounted to a retirement counseling session for Millennials working in Congress. Headlining the event was the youngest woman ever elected to Congress, Rep. Elise Stefanik (R-NY). A freshman member first elected in 2014... READ MORE

This week the Windy City played host to a gathering focused on developing ideas to address America’s retirement savings challenge — but government-run solutions dominated the conversation.At the conference, “Saving — America’s Challenge and Opportunity in the Twenty-First Century,” experts from... READ MORE

While many in the retirement industry are solely focused on the impending fiduciary rule, the Department of Labor is proceeding on another potentially far-reaching regulatory project at the direction of President Obama. In July 2015, President Obama tasked the Department of Labor to issue new... READ MORE

We’re months away from December, but it felt like a fiduciary rule Festivus on Capitol Hill Sept. 10 as members of Congress aired their grievances about the Department of Labor’s proposed extension authority to regulate assets contained in retirement accounts.Two subcommittees of the House... READ MORE

Renowned French author André Gide once famously remarked, “Everything that needs to be said has already been said. But since no one was listening, everything must be said again.” So it felt at times during Day 4 of the Department of Labor’s public hearing on its fiduciary rule. To be fair, some... READ MORE

The second day of public hearings on the Department of Labor’s fiduciary rule reproposal was highlighted by a debate over the economic impact that the rule will have on the financial services industry. When a rule of this significance is issued, it must be accompanied by an analysis from the... READ MORE