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Retirement Planning

Labor Department Weighs New Definition of Fiduciary

March 31, 2011
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For the first time in 35 years, Labor Department officials are exploring whether they should change the definition of ‘fiduciary’. The agency wants to make the change so it can better protect the rights of participants, but the benefits community doesn’t see it that way.
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IRS Extends Deadline to Alter Defined Benefit Plans

December 2, 2010
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The one-year extension will likely give employers more time to prepare plan documents.
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Study Hispanics Lag on Plan Participation

October 14, 2010
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The percentage of U.S.-born Hispanic workers participating in a plan was twice as high as the rate of Hispanic workers born outside the U.S., 40 percent to 20 percent, respectively.
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Gains Appear in U.S. Corporate Retirement Plan Assets

June 10, 2010
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Corporate defined-benefit plan assets totaled $2.17 trillion as of March 31, up 3.1 percent from the previous quarter. Total assets in corporate defined-contribution plans were $3.557 trillion, up 5.7 percent.
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