First, do no harm. A term commonly applied to the practice of medicine, but a recent blog post by Christopher Carosa applies it to fiduciary practices.
The retirement industry is rife with words and terms whose meaning is expanding or shifting, including terms related to DB plans, at least according to Willis Towers Watson.
Current measures of the adequacy of retirement income provide diverse answers about the state of retirement income security in the U.S., but what is the correct level?
Behavioral finance tells us that human beings are prone to relying on heuristics to solve complex problems; survey data and anecdotal evidence suggest that participants often rely on these benchmarks.
The National Association for Fixed Annuities hasn’t had much success thus far in its litigation challenging the Department of Labor’s (DOL) fiduciary regulation — until now.
On Capitol Hill on Nov. 16 both the House and Senate took major steps toward completing the much-anticipated tax reform overhaul.
For the PBGC pension plan insurance programs, the glass was both half full and half empty in federal fiscal year 2017.
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