Retirement Regulation

Six investor advocacy groups are opposing CITs in 403(b)s because some plans are not governed by ERISA, so eliminating SEC's regulatory oversight is detrimental, in a letter to the Senate committee.

For employees, portable plans mean they own their retirement savings from day one, eliminating the need for complex rollovers when changing jobs. For employers, these plans remove the administrative burden and high costs.

After getting fined $35 million by the Securities and Exchange Commission in September, Invesco is fined again – this time for violations of the Advisers Act.

In President-elect Trump's first administration, there were "explicit statements of support for the 401(k) system and its pre-tax savings benefits," said one expert. Will that continue?

The new retirement bill, aimed at expanding retirement coverage for workers not covered by an employer plan, would likely lead to worse retirement outcomes for most Gen Z and millennial workers, according to the Morningstar Center for Retirement's new research.

For 13 years, she has been attempting to claim her husband's $53,000 pension plan, which he amassed from working 10 years for the investment firm.