Northern Mariana Islands plan in deep trench, with $268M in assets, $911M in liabilities
Claims big losses from partnerships that failed to provide anticipated tax benefits
Opponents of a pending Department of Labor rule that would increase the standards for investment advice for retirement plans have insisted that the agency conduct a cost-benefit analysis before proposing a regulation. The difficulty the agency faces in satisfying critics was evident at an event in Washington on Tuesday.
Americans are sick of watching politicians squabble in a capital riven along partisan lines – a sentiment that is reflected by investment advisers.
At $6B, Margaret Cargill top donor in U.S. in 2011; Michael Bloomberg, George Soros also big givers
Carrier aims to pull away from 'capital-intensive' products — including annuities
Turnkey asset manager in talks with Transamerica Life Insurance Co. and The Phoenix Cos. to develop income-producing product
Executives at life insurance companies can breathe a sigh of relief now that the proposed federal long-term-care insurance program — the CLASS Act — has been killed
Workers in Northern Mariana look to halt fund's filing for court protection; benefits could be slashed by more than half
Candidate's donations lower than most in his income bracket; conservatives tend to give more
Families earning more than $250K lose incentive; those without plans can access an auto-IRA
Says funds have held up despite fears of a global recession and drama on the Continent
The American Society of Pension Professionals and Actuaries and its sister organization The Council of Independent 401(k) Recordkeepers have asked the Labor Department for more time to meet enhanced fee disclosure requirements.
Group storms Capitol Hill to protect retirement savings vehicles
Advocacy group demands update on rule revamping; 'withdraw and re-propose, not withdraw and walk away'
But broker-dealer group still not convinced applying fiduciary standard to IRA advice necessary
