The Kentucky Supreme Court ruled unconstitutional a pension reform bill signed by Gov. Matt Bevin because it violated a state law.
House Republican leaders sent their members home for a six-day break without revealing any plan to avoid a looming government shutdown.
Economic expansion will continue into 2019, but volatility will remain elevated, possibly increasing risk and lowering returns.
Employers want to take advantage of older employees' knowledge and experience but also worry about potential higher costs of retaining them.
Robert A. Wylie, executive director South Dakota Retirement System, has announced plans to retire within the year.
Thomas Hirschmann was named managing director head of distribution at Hotchkis & Wiley Capital Management.
Forrest Wilson was named vice president of retirement plans at Ameritas.
Participants in defined contribution plans are saving too little and withdrawing too much, research shows.
GAM Holding saw its share price fall about 22% on Thursday as it announced an AUM drop, companywide restructuring and no dividend this year.
Rep. John Yarmuth plans to introduce legislation that would sell federal bonds to pension funds to finance a national infrastructure bank.
Hewlett-Packard Enterprise Co. expects to contribute about $190 million to its non-U.S. pension plans in fiscal year 2019.
Edward Jones agreed to a $3.175 million settlement with 401(k) plan participants who alleged ERISA violations relating to investment options.
Philippe Jabre is returning money to investors after a challenging year, adding to the growing list of hedge fund veterans calling it quits.
Texas Employees hired NEPC as general investment consultant and CBRE Caledon as consultant for its infrastructure portfolio.
The European Central Bank kept interest rates unchanged and will end its asset purchase program this month.