Defined Benefits

From an attempt to override the veto to a legal challenge by Republican state attorneys general in 25 states, the political issues surrounding Labor's ESG rule will continue to swirl for the foreseeable future.

For the first time, a majority of workers (51%) said they would consider converting a portion of assets into a lifetime-guaranteed annuity for retirement, according to a new survey.

After eight consecutive rate hikes, the Federal Reserve raised interest rates again on Wednesday, pushing the federal funds rate to the highest level since 2007.

A combination of rising yields, declining equity markets and a strengthening dollar made 2022 a challenging year for many investors, but pension fund levels improved year over year, according a new report.

Over the last two decades, the traditionally more generous public service benefits may have been diminished, as many state and local governments enacted changes to their DB pensions that raised contributions, says a new study.

Gov. Ron DeSantis has made changes that direct investment decisions to be based only on "pecuniary factors" and they can't include "social, political or ideological interests."

Over two-thirds of employees would access the help of financial professionals with financial planning and investing questions if it were available, according to a new Morgan Stanley survey.

Most public pension plans are distressed or fragile, and there are better ways – risk-managed pensions, guaranteed return plans, hybrid plans or any combination – to design them for the 21st Century, says a new report.