Legal

The Internal Revenue Service announced cost of living adjustments that affect the dollar limits for pension plans and other retirement-related items for the 2012 tax year.

Hedge fund SAC Capital Advisors is being investigated by federal regulators for using inside information to profit from a health care takeover in 2009, the Wall Street Journal reported Thursday.

That didn't last long. About 55 million Social Security recipients will get their first increase in benefits next year since 2009 a 3.6 percent raise. But higher Medicare premiums could erase part of it.

Prudential Financial Inc. said Tuesday that it named David Hunt as CEO of its investment management business.

Swaps are an important tool of ERISA pension plans and any disruption to the way they are currently exercised would have a negative effect on those plans, the companies sponsoring the plans and plan participants, according to Bella Sanevich, general counsel of NISA Investment Advisors, L.L.C. who testified on behalf...

Plan Sponsors need to make sure they dont fall for the fee trap when DOL-require plan disclosure of all service provider fees begins next April.