Retirement

Total U.S. retirement assets hit $24.1 trillion in the first quarter of 2016, up from 0.6 percent at the end of December, according to the Investment Company Institute.

Rep. Joseph Crowley, D-N.Y., said he will introduce legislation that would mandate employers offer a retirement savings plan.

Retirement plan participants familiar with annuities overwhelmingly favor them for their savings strategy that is, the few who know what annuities are.

Be careful when using retirement income calculators: These income projection tools, which are becoming default features on recordkeeping and retail advisory platforms, generate wildly varying interpretations, say analysts at Corporate Insight.

Automatically enrolling employees in 401(k) plans can be a key to expanding access to retirement savings, a SHRM study finds, though companies aren't using it as much as they could.

The pound plunged to the lowest since 1985, global stocks tumbled, companies consider pulling out of Great Britain after U.K. voters voted to leave the EU.