Retirement Advisor

New York Gov. Andrew Cuomo will soon announce a proposal for a new, less generous pension system for future state, local and school employees that is designed to save taxpayers $93 billion over 30 years, according to two officials briefed on the plan.

An employee benefits lawyer discusses the six most important lessons plan sponsors can learn from the Kraft 401(k) lawsuit.

A new notice, part of the Dodd-Frank Act, would increase the net worth threshold to $2 million before advisers can charge performance fees.

New York Life Insurance Company announced Monday first-quarter gains in sales of life insurance, income annuities, long-term care insurance and mutual funds, as well as a solid double-digit increase in the number of new agents hired in the first three months of 2011.

As a result of the economic downturn, seniors and pre-retirees are more concerned than ever before about their ability to last through retirement — especially since they're living longer and therefore spending more time (and money) in retirement.

Employee benefits lawyer Jenny Kiesewetter provides analysis on the Kraft 401(k) lawsuit.

Under provisions of the Dodd-Frank law that will take effect in July, virtually all hedge funds will be required to file with the SEC (and publicly disclose) new Form ADV Section 7.B data.

Timothy Geithner is telling Congress that he will halt investments in two big government pension plans to allow the government to continue borrowing money for the next few months.