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Treasury’s annual blueprint for the guidance it expects to issue in the coming year — the Priority Guidance Plan — is out for 2014-2015, and retirement plans are on its agenda. As is usually the case, it is an ambitious plan. Of course, the road to certain places is paved with good intentions, and... READ MORE

The U.S. Census Bureau has published its annual survey of public pensions. The 2013 Survey of Public Pensions: State-Administered Defined Benefit Data provides revenues, expenditures, financial assets, membership and liabilities information for DB public pension systems. Data are shown by state,... READ MORE

We’re living longer than ever. But no one told the economy that, so for most of us saving enough to cover our expenses late in life after we’ve retired takes planning and good choices. Recent pieces from The Wall Street Journal and the Brookings Institution highlight expanded options but counsel... READ MORE

This summer, for the first time in more than 20 years, Hawaii was hit by a named tropical system. ays later, a second churned offshore. Hurricane Arthur splashed through North Carolina’s Outer Banks just before July 4. And the height of the Atlantic hurricane season is about to arrive. This... READ MORE

It is routinely reported that “10,000 Baby Boomers are retiring every day”, and yet surveys continue to indicate that Americans plan to postpone retirement.   A recent Wall Street Journal article titled, “The Truth About Retirement for Baby Boomers,” notes that one of the biggest changes in the U.S... READ MORE

The Department of Labor’s Inspector General is looking at how the department’s Employee Benefits Security Administration monitors plans that claim the “small plan” exemption from the annual independent audit requirement that applies under ERISA, the ASPPA Government Affairs Committee has learned. ... READ MORE

With the official report not due until September, a draft report released by the Oregon legislature's Task Force on Oregon Retirement Savings offers a blueprint of a proposed new mandatory auto-IRA program for the state. According to a report in the Oregon Statesman-Journal, the proposal calls for... READ MORE

This week the ERISA Advisory Council turned its attention to the issue of outsourcing employee benefit plan services, how that might impact and influence fiduciary responsibilities, and even touched on how an accreditation program could help fiduciaries make more informed outsourcing choices,... READ MORE

The U.S. Department of Labor has published a request for information on the use of brokerage windows, self-directed brokerage accounts and “similar features” in 401(k)-type plans. “We promised employers and other plan sponsors and fiduciaries that we would look into the use of brokerage window... READ MORE