Active investment manager Capital Group is expanding its presence in the small- and mid-sized retirement plan marketplace, an area of significant focus for the firm for some time.

The firm is using the famous retirement income sports story to help spread the word about the importance of guaranteed products in retirement plans and portfolios.

The Department of Labor’s Employee Benefits Security Administration (EBSA) announced on June 30 that it is removing some interpretive bulletins relevant to administering retirement plans.