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Retirement News Headlines

U.S. pensions stuck in the red despite stock market boom

While U.S. corporate pensions regained some swagger after Wall Street’s record run this summer, they are still far from their heyday before the 2007-2009 credit crunch when they appeared to be in great shape to meet retirement obligations.

Trump administration signals plans to defang retirement rule

The U.S. government will likely water down a key part of a landmark retirement rule, lawyers for the Department of Labor said, signaling that the government will offer an out for brokerages that would have been subject to class action lawsuits.

Labor Department delays fiduciary rule implementation date

The U.S. Department of Labor will give wealth management companies more time to get in line with the new "fiduciary rule," a regulation that requires financial advisers to put retirees' interests ahead of their own, the regulator said on Wednesday.

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Senator Collins leaning against voting for Republican healthcare bill

WASHINGTON U.S. Republican Senator Susan Collins of Maine is strongly leaning against voting for the latest draft of her party's healthcare bill attempting to dismantle Obamacare, she said on Sunday.