Doug Halonen
Doug Halonen is a reporter and Washington Bureau Chief at our sister publication Pensions & Investments. See his updates on LinkedIn
Doug Halonen is a reporter and Washington Bureau Chief at our sister publication Pensions & Investments. See his updates on LinkedIn
A proposal to cut by more than half the total amount employers and employees may contribute to their defined-contribution plans could spur some employers to kill the plans, industry lobbyists say.
The prospect of Finra regulation for hedge funds and other money managers is scaring them enough that they are offering to open their wallets to help the SEC expand regulation of their industry.
Corporate pension industry lobbyists are bracing for an attack on the tax breaks for pension plans as the White House and federal lawmakers struggle to slash the federal budget deficit
Institutional Shareholder Services Inc., the nation's largest proxy advisory firm, could be forced to revise its business plan if the Labor Department adopts a proposal to expand the definition of “fiduciary.”
The split in control of Congress means that legislative gridlock will shift the lead on pension issues to executive-branch agencies over next two years, pension industry lobbyists said.
The Republican takeover of the House predicted by key pundits next month would have a major impact on legislation related to retirement plans and the firms that manage their money — but only measures with broad bipartisan support are likely to become law.
Money managers are jittery about a provision in the financial-reform law that gives the Securities and Exchange Commission and other federal regulators authority to decide whether their compensation is “excessive.”
The U.S. Supreme Court today rejected without comment Pimco's appeal of a lower court ruling granting class-action status to a lawsuit claiming the money manager illegally manipulated the futures market for some 10-year Treasury notes.
The U.S. Supreme Court today rejected a review of the dismissal of a lawsuit against Deere & Co. and two Fidelity Investments units, claiming unreasonable fees were charged for investment options in Deere's $3.1 billion 401(k) plan.
More-restrictive investment advice regulations are coming now that the Labor Department has killed a controversial Bush administration proposal that would have permitted the mutual fund industry to provide direct investment advice to defined contribution plan participants.
