Boomers beware: Scams, frauds and other financial exploitation schemes targeting older Americans are a growing multibillion-dollar industry enriching the schemers, anguishing the victims and vexing law enforcement officials who find these crimes among the hardest to investigate and prosecute.

Advisors and plan sponsors are surprisingly still unaware that DOL has jurisdiction over them, says Andy Larson of the Retirement Learning Center.

President Barack Obama on Wednesday proposed a lower corporate tax rate and an end to dozens of loopholes he said helps companies move jobs and profits overseas. "It's not right and it needs to change," he said.

A round-up of the weeks employee benefits news, reports and controversy