Retirement Advisor

PBGC director Josh Gotbaum addressed the agency's $26 billion coverage gap, asking for changes to set premiums based on the risk of the insured.

Financial advisors who adopt an independent business model are better off financially than those who dont, according to a new Fidelity study.

Medicare Advantage premiums have fallen by 7 percent, on average, while enrollment in the program has risen by about 10 percent since this time last year, according to Health & Human Services Secretary Kathleen Sebelius.

Baby boomers look for retirement locations that have low taxes and housing costs, the climate is good and the health care is readily available.

In the wake of American Airlines' announcement that it plans to terminate its pension plans as part of its bankruptcy reorganization, the Pension Benefit Guaranty Corporation has reiterated the company should reconsider the move.

Plan sponsors will now have until July 1 to meet the much-discussed regulations on 401(k) fee disclosure, following Department of Labor announcements Thursday on the final rulings.

Mayor Angel Taveras painted a bleak picture Thursday of the city's finances, saying Providence faces "devastation" and could go bankrupt if retiree benefits aren't cut and tax-exempt institutions like Brown University don't pay more in lieu of taxes.

The Los Angeles city attorney has sued a major financial institution, alleging its investment practices cost the city's pension fund $95 million.