Retirement Trends

The American Council of Life Insurers is urging Congress to make changes to the retirement system as part of its tax reform agenda that encourage more Americans to begin saving for their post-work years.

The assets managed by SEC-registered investment advisors increased significantly in the past year, but with barely any growth in the number of RIAs.

Now that Oregon lawmakers have voted to cut retirement benefits for government workers, the battle moves from the Capitol to the courthouse.

Thanks to a decline in recordkeeping costs, fees paid to manage retirement investment accounts have seen another drop this year, a survey of defined contribution plan sponsors has found.

The funding levels of pension plans sponsored by S&P 1500 companies jumped to 91 percent in September, its highest point since October 2008.

Nearly a third of small employers dont offer retirement benefits, and just 22 percent in that group are giving any thought to starting to do so soon.