Two proposals to revamp the defined contribution plan system will only hurt Americans ability to save for retirement, according to industry experts. They also have the potential to dissuade plan sponsors, especially small businesses, from offering qualified defined contribution plans, which would reduce the number of people able to contribute...

Stocks edged higher Wednesday after a trade group reported that the U.S. service sector continued to grow in September. Private company hiring also increased.

Republican presidential candidate Mitt Romney warned senior citizens Tuesday to beware of turning Social Security into a "Perry scheme."

Research firm BrightScope announced Tuesday the top 15 mid-cap funds in the defined contribution industry.