ERISA panel wants guidance on pension derisking

The Employee Retirement Income Security Act Advisory Council has asked the U.S. Labor Department to look into offering guidance on how pension funds should accomplish derisking through use of lump-sum distribution or annuities. The panel has dropped a proposal that the department go through formal rule making to adopt derisking guidance.

View Full Article in:

Pensions & Investments (free access for SmartBrief readers)

Published in Briefs: