New Hire Roundup: Senate Finance Names Getz Tax Counsel
This week in new hires, Kara Getz joined the Senate Finance Committee as tax counsel, and ICI named Michelle Mesack director of financial services policy.
After Obama Victory, How the New Government Is Shaping Up for Advisors: Updated
Some notable newcomers—Elizabeth Warren, for one—join Congress, which remains divided between the two parties as fiscal cliff, tax issues come to fore of national agenda. FPA and FSI's leaders and lobbyists weigh in on what's next.
11 Key Congressional Committees for Advisors to Worry About
As the election approaches, not just the White House and Congress are in play, but also control of congressional committees important to advisors and others in the financial services sector.
Keep Savin’ It, Sister: GAO Says Women Saving More, but Need Social Security More Than Men
American women may think they’re good at penny-pinching, but it turns out that they’ll need to save even more if they want to feel secure in retirement.
The Next Congress
This year’s congressional elections hold considerable potential to reshuffle power on Capitol Hill.
GAO Retirement Advice: Delay Social Security, Buy Annuities
In what could be a boon to the annuity industry, a report released Friday by the Government Accountability Office said that delaying Social Security and purchasing an annuity may the only way to ensure solvency in retirement.
Sens. Kohl, Enzi Float Bill to Limit 401(k) Loans
Two Senators on Wednesday introduced legislation that would reduce the number of loans that participants could take out of their 401(k)s as well as giving employees more time to pay back a loan.
Senate Hearing Focuses on 401(k) ‘Securities Lending’ Practice
The Senate Special Committee on Aging held hearings Wednesday into how securities lending affects plan sponsors and investors in workplace retirement plans.
Outlook 2011, Regulation & Legislation: Advisors Brace for Dodd-Frank, New Committee Chairmen
Implementation of Dodd-Frank, new congressional chairmen and scores of compliance chores will keep advisors busy throughout the New Year.
Senator Kohl Against Compelling Americans to Purchase Annuities
The Senate Special Committee on Aging held a hearing on Wednesday, June 16, on the issue of retirement and lifetime income.