Legal

If you were told your state might wither away because it took too long to do the math on its retirement system, would you be angry? Would you pack up and move? Or would you try to be fair?

BrightScope, Inc. has put on hold plans to launch an online forum where consumers can write reviews about their financial advisers.

Rhode Island public workers and retirees pushed back against a major public pension overhaul proposal Wednesday, urging lawmakers to slow down their deliberations to ensure any changes are fair.

A new rule regulating fiduciary investment advice wont necessarily affect the way large 401(k) providers do business, but it will give many smaller companies the opportunity to bundle investment advice as part of their 401(k) and IRA plans.

The Department of Labor is investigating broker-dealer and registered investment advisors services to ERISA retirement plans.

The Department of Labor plans to repropose its controversial rule amending the definition of fiduciary under the Employee Retirement Income Security Act (ERISA) shortly after the first of the year, Phyllis Borzi, assistant secretary for DOLs Employee Benefits Security Administration (EBSA), told a group of retirement plan specialists on Tuesday.