Legal

Shareholder groups, including the nation's two largest public pension funds, and key proxy adviser firms have called for the removal of several board members, including CEO Mike Duke and former CEO Lee Scott.

As states battle against budgetary problems, the unsustainability of current pension plans has become a major point of contention. We examine three hot spots.

Both the House and Senate agreed to create a new pension plan for future rank-and-file state workers, a victory for Gov. Bobby Jindal's reform efforts.

California's Senate on Wednesday passed a bill that would create a guaranteed, government-run retirement savings program catering to private-sector workers of modest means.

The CEO of the much-maligned investment giant is set to speak before the Senate Banking Committee, addressing the company's $2 billion trading losses.

Besides investment managers, benefits-brokers also will feel the pinch of fee disclosure regulations when they go into effect July 1.