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Finance/Taxes

Court: Ex-Temp Creates Fake W-2s

January 24, 2012
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The former temporary worker, Valerie Yvonne Brown, faces charges of aiding or assisting the preparation of a false or fraudulent document and identity theft, according to the filing.
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Worker Optimism About Retirement Security Grows: Towers Watson

January 19, 2012
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One factor boosting employees' confidence level is the growth in many employees' 401(k) account balances, according to the study.
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Aon Moving Its Headquarters to London

January 13, 2012
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Aon President and CEO Greg Case said the move, which must be approved by shareholders, is another step in the firm's strategic plan to grow Aon as a global platform. In particular, London will help Aon grow its business in emerging markets, he said.
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Top 5 Workplace Injury Causes Make Up 72 Percent of Direct Workers' Comp Costs: Analysis

January 10, 2012
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Overexertion—or injuries caused by lifting, pushing, pulling, holding and carrying—costs businesses $12.5 billon in direct annual expenses and accounts for more than 25 percent of the national burden, according to Liberty Mutual's Workplace Safety Index.
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U.S. Health Care Spending Totaled Nearly $2.6 Trillion in 2010

January 9, 2012
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In 2010, total U.S. health care spending hit $2.593 trillion, or $8,402 per person. While a record, expenditures rose only 3.9 percent in 2010, up slightly from a 3.8 percent increase in 2009, according to statistics compiled by researchers at the Centers for Medicare & Medicaid Services.
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Will Labor Department's Request Slow Fiduciary Proposal?

January 6, 2012
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In its latest timetable for implementing the Dodd-Frank financial reform law, the commission put fiduciary duty on the list of rules labeled 'dates still to be determined.' Many other rules are designated for release during specific time periods.
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Funded Status of Pension Plans Falls for Second Year: Mercer

January 4, 2012
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In the aggregate, the plans' funding deficit hit $484 billion as of Dec. 31, 2011, up from $315 billion a year earlier and $229 billion as of Dec. 31, 2009.
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Several States' Residents Show Their Financial Savvy

December 23, 2011
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The Employee Benefit Research Institute did a state-by-state analysis to see whether it was possible to pinpoint financially savvy states and ranked them in two categories: financial literacy and financial behavior.
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Empire Blue Cross Changes Course on Health Plans

December 23, 2011
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The decision is being greeted with relief by brokers and small businesses. An estimated 20,000 companies, covering as many as 250,000 workers and their family members, use the plans being discontinued by Empire.
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Affluent Anxious About Retirement Too, Wells Fargo Finds

December 15, 2011
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Four in 10 of those surveyed said that their biggest fear about retirement is that they 'will do all the right things and it still won't be enough for tomorrow.'
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