Will a divided Congress cut retirement programs or roll back gains? We talked to the president of retirement and income solutions at Principal Financial Group about the new retirement legislation - and his 2023 outlook for the industry.
All 50 GOP senators, as well as Democrat Sen. Joe Manchin, plan to re-introduce a resolution attempting to block enforcement of the Department of Labor's new ESG regulation for retirement plans, which took effect Monday.
State attorneys general allege that the rule that rolls back ESG restrictions in investments - and went into effect on Monday - "undermines key protections for retirement savings of 152 million workers."
No slowdown is expected in the coming months when it comes to employer-sponsored health care and retirement plans. Here are some of the big-ticket items.
Capitol Hill reactions split along party lines - but one outlier also wanted companies' "climate-related lobbying and influencing activities" to be disclosed as well.