BofA Retirement Business Winning Clients: CEO
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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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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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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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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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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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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A year after the stock market bottomed out, workers are still a bit pessimistic about having enough money for retirement.
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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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Nearly one in five of the businesses created in 2008 were by people 55 and older, but success isn’t as easy as some make it seem.
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As more adults near retirement age, gyms are adapting to meet the needs (and musical tastes) of a less-agile membership.
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WASHINGTON (Reuters) – The U.S. agency that insures corporate pensions will assume plans covering 5,800 workers and retirees of a joint venture in California between Toyota Motor Corp and General Motors Co that closes at the end of the month.
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