RSS icon

Top Stories

Retirement/Pensions

Investment Executive Aims to Put Retirement Security on Election Agenda

May 10, 2012
Comments (0)
Putnam Investments' Robert Reynolds laid out a three-point plan—making Social Security solvent, providing employer savings programs to everyone who pays Social Security taxes and raising workplace savings rates to 10 percent—that he said should be addressed in every federal campaign.
Read More

Ending a Defined Benefit Plan Takes Shutdown Strategy, Experts Say

May 9, 2012
Comments (0)
Before a plan can be terminated, it needs to have all the funds necessary to pay benefits to employees. Once that happens, plan sponsors can start the process of shutting down the plan.
Read More

Auto Enrollment in Place? Good, but Without Auto Increase, Disaster Lies in Wait

May 8, 2012
Comments (0)
Even with employer matches, automatically enrolled workers' annual savings doesn't hit the recommended minimum 10 percent of pay.
Read More

Ford to Offer Lump-Sum Pension Payouts to Ex-Workers

April 27, 2012
Comments (0)
When individuals take a lump-sum payment rather than continued monthly benefits, Ford no longer will face such risks as paying more than expected if the individuals live longer than expected.
Read More

Illinois' Pension Fix: Workers to Pay More, Retire Later

April 20, 2012
Comments (0)
Workers would keep their defined benefit contributions, something that has largely disappeared from the private sector.
Read More

Changes Necessary in Company Pension Plans

April 20, 2012
Comments (0)
Personnel Journal Jan./Feb. 1936, pages 237-242
Read More

In an Apparent First, a Public Pension Plan Files for Bankruptcy

April 19, 2012
Comments (0)
The development of the restructuring will set a precedent, particularly at a time when local government budgets and defined benefit plans are under strain.
Read More

Fidelity-ABB Ruling First in What Could Be String of Excessive-Plan-Fee Cases

April 19, 2012
Comments (0)
The case is significant because new federal rules that go into effect this summer will require 401(k) plan service providers—such as record keepers and investment managers—to report detailed fee information to plan sponsors.
Read More

Rules for Retirement-Plan Fees Have Some Companies Scrambling to Comply

April 17, 2012
Comments (0)
Plan sponsors need provider fee information so they can give participants data on fees. This regulation comes in two waves: the first requiring plan sponsors to give participants plan and investment information due Aug. 30, and the second delivering quarterly information on fees and services to participants' individual accounts, due Nov. 14.
Read More

Retirement Savings Tax Breaks Safe—for Now

April 17, 2012
Comments (0)
At a House hearing, neither Dems nor Republicans seemed eager to tinker with main selling point of 401(k)s and IRAs.
Read More