The financial industry and members of both parties of Congress have urged the agencies to combine their efforts and “harmonize” the controversial rule making in order to produce consistent guidance for investment firms.Read More
The U.S. Labor Department first proposed an enhanced fiduciary-duty rule in October 2010, citing the need to update federal retirement law to improve the protection of millions of 401(k) and individual retirement account investors from tainted advice. Read More
Putnam Investments' Robert Reynolds laid out a three-point plan—making Social Security solvent, providing employer savings programs to everyone who pays Social Security taxes and raising workplace savings rates to 10 percent—that he said should be addressed in every federal campaign.
At a House hearing, neither Dems nor Republicans seemed eager to tinker with main selling point of 401(k)s and IRAs.Read More
In its latest timetable for implementing the Dodd-Frank financial reform law, the commission put fiduciary duty on the list of rules labeled 'dates still to be determined.' Many other rules are designated for release during specific time periods.
Among other things, the National Association of Plan Advisors plans to fight to keep tax breaks for retirement savings.Read More
The military branch maintains a massive workforce with programs that offer personnel a greater choice of jobs, education assistance and family support.Read More
A new sick-leave program that slashes absenteeism helps the state agency reach ambitious road-building goals without adding to its workforce.Read More
The food and facilities giant improves hiring speed and quality by building a “recruitment culture” that makes talent scouts of all of its employees.Read More
The drugstore chains forges alliances with government agencies and nonprofits that help meet business needs and also serve the communities in which it operates.Read More