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Workers at companies with small plans are burdened by high costs.

--The Workplace Solutions group within Morningstar Investment Management LLC, a subsidiary of Morningstar, Inc., a leading provider of independent investment research, today launched the Morningstar Center for Retirement and Policy Studies. We want to change that, "said Aron Szapiro, head of retirement studies and public policy at Morningstar, Inc./...

On the Table Washington Democrats are considering two motions to boost investment-related revenues. One is a financial transaction tax, or FTT, which would apply to the transactions of stocks, bonds, and derivatives. (Whether the FTT would exempt purchases and redemptions of funds that own such securities is unclear.) The other proposal, touted by President Biden during his speech to Congress, is to hike the capital gains rate on taxpayers who earn more than $1 million. The FTT is a recycled regulation. From 1914 through 1966, the United States imposed a transfer tax on equity sales that was...

Edison International Awards $1.2 Million to 30 High School Seniors Pursuing STEM By Sentinel News Service Published May 4, 2021 Thirty high school seniors in Southern California Edison’s service area have been named 2021 Edison Scholars and will be awarded $1.2 million in scholarships by Edison International to pursue science, technology, engineering or math (STEM) studies. “The Edison Scholars class of 2021 is outstanding,” said Pedro Pizarro, president and CEO of Edison International. “They are navigating school, leading organizations and securing internships, often while balancing ...

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