Retirement Trends

Politics aside, tax reform is coming and it could well mean an overhaul of the pension system including a government takeover.

The mood in financial markets was cautious on Monday as the partial shutdown of the U.S. government entered a seventh day and lawmakers appeared to be making little headway in raising the country's debt ceiling.

Participation in defined contribution retirement plans reached an all-time high last year, according to a report by Aon Hewitt.

The American Council of Life Insurers is urging Congress to make changes to the retirement system as part of its tax reform agenda that encourage more Americans to begin saving for their post-work years.

The assets managed by SEC-registered investment advisors increased significantly in the past year, but with barely any growth in the number of RIAs.

Now that Oregon lawmakers have voted to cut retirement benefits for government workers, the battle moves from the Capitol to the courthouse.