As this report was being prepared in the summer of 2011, America’s institutional investors continued to face significant regulatory uncertainties as policy makers – including the National Commission on Fiscal Responsibility and Reform and Vice President Biden’s Middle Class Task Force –...

Employers are the heart of the American pension system and yet they are not well understood by policy makers despite the great influence of Congress on pension design through both regulation and favorable tax treatment of retirement accounts. Employer contributions to employee pensions have...

There are two stories about the economic status of elderly people in the United States and both cannot be right. The first focuses on the great economic gains of the elderly in the last few decades, particularly compared to other age groups, and relies heavily on the official measurement of...