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Retirement News Headlines

Longtime Wells Fargo wealth executive Carroll to retire

Longtime Wells Fargo & Co executive David Carroll will retire from his role as head of wealth and investment management next month, saying on Thursday he is leaving because he wants to pursue "another chapter in my life."

Investment funds urge shareholders to vote down Mylan board, pay

The New York City and State pension funds and the California State Teachers' Retirement System are fighting the re-election of six board members at drugmaker Mylan Inc and its 2016 executive pay including Chairman Robert Coury's compensation of more than $97 million.

Senators raise alarms about shelving retirement advice rule

Three U.S. Democratic Senators on Friday raised concerns over the possibility that President Donald Trump's administration will permanently shelve the "fiduciary rule," aimed at preventing brokers from recommending inappropriate retirement investments.

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Senate Republicans unveil Obamacare replacement bill, but fate uncertain

WASHINGTON U.S. Senate Republicans on Thursday unveiled legislation that would replace Obamacare with a plan that scales back aid to the poor and kills a tax on the wealthy, but the bill's fate was quickly thrown into question as several senators voiced skepticism. | Video