The Governmental Accounting Standards Board has approved two new standards that should improve the accounting and financial reporting of public employee pensions by state and local governments.

The 100 largest public-employee retirement systems in the country saw their largest earnings on investments since the third quarter of 1974, according to new statistics released by the U.S. Census Bureau.

A good percentage of 403(b) plan sponsors are ready for the regulatory changes taking effect this year, but many are still trying to figure out what role they need to play.

The Insured Retirement Institute has launched a new research initiative to identify regulatory burdens facing broker-dealers that impede their ability, and financial advisors willingness, to sell lifetime income products.

Professionally managed retirement accounts were the hot 401(k) trend in 2011, according to Vanguards How America Saves 2012 report.

A Fidelity Investments poll of high net worth individuals found that most are looking for dividend-producing stocks and corporate bonds for higher yields in a low interest rate environment.

The Financial Industry Regulatory Authority (FINRA) fined Merrill Lynch, Pierce, Fenner & Smith, Inc. $2.8 million for supervisory failures that resulted in overcharging customers $32 million in unwarranted fees, and for failing to provide certain required trade notices.

The American Benefits Council told the Securities and Exchange Commission in a letter this week that it believes proposed changes to how money market funds are regulated will have a negative effect on work-sponsored retirement plans and workers ability to prepare for retirement.