Retirement News

Ita s hard to tell from this perch whether IRA owners will be busting down the doors on Jan.

FURTHER fragmentation of the giant ING Group's Australian property operations seems inevitable following last week's decision of its parent company to divest its insurance and investment management businesses in the next four years.

Arnold Zaler stole nearly $2.5 million. A kosher meat salesman who left a trail of victims on two continents was sentenced to 15 years in prison Friday in a decision cheered by those who were fooled by the smooth-talking hot-dog salesman.

It took guts and good planning to decide to retire in the middle of the deepest recession in decades.

Starting in 2010, any taxpayer, regardless of income, can convert a traditional IRA into a Roth IRA.

Over the last year it's become abundantly clear that the stock market can devastate even seemingly healthy retirement accounts.

State Street Corp. on Friday said it added $250 million to a legal reserve, and revised its third-quarter earnings results downward to reflect the change.

The Essex Regional Retirement Board, beset by local officials for months, yesterday morning voted 3-1 to transfer control of its investments to the state's Pension Reserves Investment Trust.

TWO of Canada's biggest pension funds were last night seeking to reopen talks with the toll-road giant Transurban after it rejected a $6.7 billion takeover offer.

New Delhi, Nov 6 : Gopi Arora, a close aide of former prime minister Rajiv Gandhi died Thursday.

Alfred Villalobos, the controversial businessman at the heart of a pension fund corruption probe, earned some $9.6 million in fees after CalPERS invested hundreds of millions of dollars with a real estate firm with deep ties to downtown Sacramento.

Employers are improving access to their 401 plans, according to a survey released Wednesday, November 4. The Hewitt Associates Inc.

Labor Secretary Hilda Solis issued a call to change the retirement system Wednesday, saying new retirement arrangements should not put responsibility for investments solely on the workers, as the 401 approach does.

Controversial plans to build hundreds of homes on Sandford Farm have been approved by a Government inspector.

A Consumer NZ investigation of financial advisers has found the advice being given was "scandalously poor". The results appear to show that lessons have not been learned from the collapse of finance firms in this country and the global credit crunch.

Alberta Finance Minister Iris Evans says she's prepared to step up efforts to persuade the federal government the best way to tackle the country's pension woes is to establish a voluntary, supplementary plan atop the existing Canada Pension Plan.

A delegation from Sacramento came by the office this week to make the case for CalPERS , the nation's biggest pension fund.

HELENA - The Montana Supreme Court has upheld a state law that allows insurance companies to cut off worker's compensation payments when the injured or disabled party is of retirement age.

Tribune: "We don't expect the ESOP to continue once the company emerges from bankruptcy" From: Tribune Communications Sent: Tuesday, November 03, 2009 12:02 PM Subject: Message from Gerry Spector/Retirement Plan Changes As we move into the fourth quarter and the end of the year approaches, we wanted to update you on some recent developments with ...

ING announced today that it has reached an agreement to sell three of its U.S. independent retail broker-dealer units, which comprise three-quarters of ING Advisors Network, to Lightyear Capital LLC.