Bill to Rescind DOL Rule Extending Pension Coverage Sparks Fierce Debate
The concern is that employers may push participants out of their private plans and into those run by the state.
Investors are embracing indexing as a cheap guarantee against underperformance—but can they afford to abandon active management?
Despite healthy growth of 7.8%, company took mark-to-market loss of $985 million on pension plan.
President Trump's plans spur asset owner interest in the category's steady, long-term returns, but investment difficulties remain.
Bill would require disclosure of payments to foreign governments and possibly spotlight unaccounted revenue, but could give foreign governments an advantage.
Some pension systems may be underfunded forever.