Legal

Drinker Biddle & Reath LLP has formed a team to help the retirement industry navigate the legal and regulatory maze associated with creating sustainable income solutions.

AMR Corp. says it lost $234 million in January, as bankruptcy discussions continue on turning over the company's pension obligations to the federal government.

The Kroger Co. said costs associated with consolidating its pension plan for union workers led it to post a net loss in the fourth quarter, even as sales improved at the nation's biggest supermarket chain.

Brett Horowitz shows how clients can gain tens of thousands of dollars in extra retirement income by applying little known Social Security Administration rules.

A new survey by Charles Schwab shows that three-fourths of advisors believe that the number of advisors becoming registered investment advisors will continue to increase, and more than half say they find the idea of becoming an RIA appealing.

The U.S. Department of Labors Advisory Council on Employee Welfare and Pension Benefit Plans, also known as the ERISA Advisory Council, will meet Tuesday, March 13, at Labor Department Headquarters in Washington, D.C.

Bank of America has informed its employees that it will be freezing its existing pension plans in July and swapping in increases to company 401(k) plans instead, CNNMoney reports.

West Virginia is already reaping benefits from recent efforts to rein in public retiree health benefit costs, officials say. A Wall Street credit rating agency appears ready to praise the state's handling of its last major liability.