| Perez Speech Hints at DOL Fiduciary Flexibility |
| Speaking at a Brookings Institution public meeting, U.S. Secretary of Labor Thomas Perez said he is “confident we will be making changes to improve and clarify our proposal.”
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| A New Player in the Retirement Industry |
| Retirement is front and center as a local and national legislative issue, said Brian Graff, executive director of the American Retirement Association. “The government finally gets it that retirement plans are important, but now it’s not sure we are the best to deliver those plans.”
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| Voya Urges ‘Born to Save’ Mentality |
| Voya announces sales campaign with some helpful talking points for clients with young kids or newborns on the way. For example, did you know roughly four-in-10 U.S. parents spent at least $500 (and many spent more than $1,000) on baby-related items that were never used?
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| U.S. Retirement Ranking Slips Again |
| Global retirement readiness rankings are inherently subjective and often controversial, but Mercer says the U.S. is clearly slipping compared with some other developed nations. On one key factor in particular—labor force participation for those above age 55—the U.S. is particularly challenged.
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