Nevada Retirement Planners

A Low Fee Option May Be Coming to a 401k Near You

retiredguru — Tue, 16 Mar 2010 20:45:02 +0000

DES MOINES, Iowa (AP) — They’ve been around for decades and they’re cheaper than mutual funds, yet few companies offer collective investment trusts in their 401(k) plans. But that seems to be changing.

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Calif. Pension Fund Seeks to Boost Its Influence

retiredguru — Tue, 16 Mar 2010 00:45:03 +0000

SACRAMENTO, Calif. (AP) — The board of California’s giant public pension fund has voted to remove the limit on the number of shareholder proposals it can issue to companies in its portfolio.

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Patchwork Pension Plan Adds to Greek Debt Woes

retiredguru — Fri, 12 Mar 2010 23:45:03 +0000

Greece’s retirement plan, which lets 14 percent of its work force retire early, has become divisive in Europe.

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BofA Retirement Business Winning Clients: CEO

retiredguru — Thu, 11 Mar 2010 21:45:00 +0000

CHARLOTTE, North Carolina (Reuters) – Bank of America Corp’s push into the competitive realm of managing retirement assets is paying early dividends.

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Former NY Pension Fund Exec Pleads Guilty

retiredguru — Wed, 10 Mar 2010 19:45:02 +0000

NEW YORK (Reuters) – The former chief investment officer for New York State’s comptroller on Wednesday pleaded guilty to helping favored firms gain access to the state’s $129 billion pension fund.

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Former NY Pension Fund Exec Pleads Guilty: Cuomo

retiredguru — Wed, 10 Mar 2010 17:45:04 +0000

NEW YORK (Reuters) – New York state’s former top pension investment officer pleaded guilty to a felony for helping to steer hundreds of millions of investments to a political adviser and favored firms, Attorney General Andrew Cuomo said on Wednesday.

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Summary Box: Retirement Savings a Challenge

retiredguru — Tue, 09 Mar 2010 19:26:19 +0000

RETIRE? ARE YOU KIDDING? A new survey released Tuesday by the Employee Benefit Research Institute shows the percentage of workers who say they’ve saved for retirement slid to 69 percent in January, down from 75 percent in 2009.

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Survey: Workers Struggling to Save for Retirement

retiredguru — Tue, 09 Mar 2010 19:26:18 +0000

A year after the stock market bottomed out, workers are still a bit pessimistic about having enough money for retirement.

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Public Pension Funds Are Adding Risk to Raise Returns

retiredguru — Tue, 09 Mar 2010 19:26:18 +0000

Even as big companies are moving their pension funds out of stocks, state governments are chasing higher returns for their plans by making riskier investments.

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W.Va. Pensions Board Scales Back Premium Hike

retiredguru — Fri, 05 Mar 2010 00:45:02 +0000

CHARLESTON, W.Va. (AP) — The agency that manages pensions for West Virginia’s public workers is relenting on plans to increase premium charges sharply.

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