60% of Financial Sector Has Government Backing: Richmond Fed
The Federal Reserve Bank of Richmond’s “bailout barometer” says the government's safety net reaches $26 trillion — far beyond U.S. GDP.
Congress Begins to Tackle Retirement
Congress this week is turning its attention to the country’s retirement security crisis, particularly for workers in small and midsize businesses.
ERISA’s Midlife Crisis
On ERISA's 40th birthday, a growing chorus of voices say the landmark retirement income security law needs an overhaul.
PBGC Halts Employer Shutdown Cases
After complaints, PBGC said Tuesday that it is placing a six-month moratorium on the enforcement of facility shutdown cases.
Fear and Loathing at PBGC
The agency faces a crucial few months as it lobbies Congress to help it address nothing less than the potential collapse of federal pension insurance.
Pension Advocates Blast Budget’s Premium Hike
“It is simply unacceptable that members of Congress of both parties...view pension plans as a piggy bank," American Benefits Council president says.
Mote’s Risk-Busting Strategy: Diversify Internationally
The firm devotes more than half of client portfolios to international diversification.
Sen. Harkin Floats Bill to Help Charities, Co-Ops Offer Pensions
Sen. Tom Harkin, D-Iowa, chairman of the Senate Health Education Labor & Pensions (HELP) Committee, introduced legislation Tuesday that would make it easier for charities and cooperatives to continue to offer pensions to their employees.
94% of Pension Plans Underfunded: Wilshire
A low-interest-rate environment is wreaking havoc with corporate defined benefit plans.
4 Ways to Repeat the Mortgage Mess: Peter Wallison
Peter Wallison decries Washington's latest “fix” to prevent another repeat of the housing market collapse.