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2012 will be a year of change for the retirement industry. Experts agree that 401(k) plan fee disclosure rules, affecting plan sponsors and plan participants, and the U.S. Department of Labors reproposal of its rule amending the definition of fiduciary under the Employee Retirement Income Security Act will have the...

The American Society of Pension Professionals and Actuaries and the Council of Independent 401(k) Recordkeepers sent a letter to the Department of Labor requesting it extend the applicability dates of fee disclosure regulations that affect both plan sponsors and plan participants.

The Social Security program has lived to see another day, thanks to the squabbling of the budget deficit supercommittee, which announced Monday it had failed to agree on a proposal.

More than 30 House Democrats sent a letter to Secretary of Labor Hilda Solis on Monday that not only thanked her for Phyllis Borzis decision to withdraw the DOLs proposed rule redefining the term fiduciary, but also set out specific areas the new rule should address when its reproposed in...

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.

The American Society of Pension Professionals & Actuaries has inaugurated Robert Richter as 2011-2012 president of the organization during the opening session of ASPPA's annual conference at the Gaylord Hotel in National Harbor, Md.

Half of millennials do not believe Social Security will still exist when they are ready to retire.

Two retirement industry associations recently expanded their focus, citing a changing regulatory environment and a lack of representation in Washington as the main reasons for the overhaul.