Investment Instruments

Illinois Gov. Pat Quinn, responding to a dire new report on state finances Monday, said more clearly than ever that he wants schools and universities to help pay for their employees' retirement costs.

Once pension and health benefits are factored in, the average federal worker reaps 16 percent more in total compensation than do private sector workers.

A website aimed at drawing attention to thousands of Tulsa-based American Airlines workers whose jobs and pensions could be in jeopardy as the struggling air carrier continues through bankruptcy was launched Monday by the local Transport Workers Union.

A new study by Towers Watson examined 13 major pension markets, totaling $27.5 trillion and accounting for 72.3 percent of the GDP of these markets. This represented a 3.9 percent increase compared to the year-end 2010 value.

More than one-third of the defined-contribution plan market is made up of small and mid-size plans, Cerulli Associates announced Thursday. The report notes that sponsors in this sweet spot have been underserved for years, opening opportunities to catch their business for recordkeepers, advisors, and third-party administrators who are able to...

More than eight in 10 households believe the current tax incentives to encourage retirement saving should be preserved, according to new research by the Investment Company Institute.