Senator Orrin Hatch, R-Utah, ratified as chairman of the powerful Senate Finance Committee this week, marked the occasion by calling for tax reforms that promote savings.

The Finance Committee has jurisdiction over retirement and tax policy. 

Hatch has been vocal in his ambition to make retirement reform a priority in the Senate and has said he would reintroduce his Secure Annuities for Employee Retirement Act this year. 

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Nick Thornton

Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.