Index investing, as evidenced through last year’s flash crash and this year’s market volatility, may have all the markings of a classic economic dilemma all 401(k) plan sponsors must be aware of before jumping into the wonder world of ETFs – the free rider problem.

Little more than a month after they backed sweeping changes to Medicare, Republicans are on the political defensive, losing a House seat long in their possession and exhibiting significant internal strains for the first time since last fall's election gains.

Kathy Hochul told her supporters they had picked the right issue to fight a Republican on long-held Republican turf.

It will be harder for Wisconsin public workers to be covered by the state retirement system and take longer to get vested to receive pension benefits under action by the Legislature's budget committee.