Retirement Advisor

Lincoln Financial Group plans to extend its small business area to serve two to 14 lives, up from two to nine lives, the company announced Monday.

For two months, Gov. Dannel P. Malloy's labor negotiators have been meeting privately with the leaders of 15 state employee unions, trying to come up with $2 billion in labor savings over two years to help balance Connecticut's budget.

Mitchell Harris will serve as the newly created president of the investment management division at BNY Mellon.

The biggest corporate hiring spree in five years ended a weeklong slide in the stock market.

California's state and local government workers make salaries similar to those at large private-sector employers but get significantly higher retirement benefits.

New Hawaii government employees will work more years, contribute higher amounts toward their pensions and get paid less after retirement, according to sweeping proposed changes to the state's underfunded pension system.

A U.S. Treasury Department advisory committee is wondering whether the department could come up with new types of financial instruments that could help pension managers do a better job of handling plan obligations.

Of all the latest regulations, those concerning 401(k) fee disclosures have been the most talked about.