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Retirement News

News on Retirement continually updated from thousands of sources around the net.

3 hrs ago | Tech Confidential Blog

SEC register 'would kill a 3-partner VC firm'

Registering venture capital firms -- along with hedge funds and private equity firms -- with the Securities and Exchange Commission, as President Obama's administration plans to do, would be "very burdensome" for small VC firms, said Michael Stark, co-founder and general partner at Crosslink Capital.

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Related Topix: Venture Capital, Emerging Technology, Securities and Exchange Commission, Corporate / Securities Law, Law, Personal Finance

7 hrs ago | Sunday Tribune

Two minutes to pension midnight

Irish pensions are collapsing. But the government is running away from offering meaningful assistance.

Comment?

Related Topix: Pension, Personal Finance, Travel, Ireland Travel

11 hrs ago | Times Online

Bernard Madoff victim claims: a He robbed me. Ia ll be unable to afford food'

Miriam Siegman, 65, one of Bernard Madoff's many victims, is now reduced to scavenging for food in skips James Bone Many of Bernard Madoff's victims have been forced to sell their homes or cancel retirement plans.

Comment?

Related Topix: Bernie Madoff, Personal Finance, Securities and Exchange Commission, Corporate / Securities Law, Law

16 hrs ago | Fox News

Madoff Sentenced to 150 Years

Ponzi-scheme mastermind Bernard Madoff was sentenced to 150 years in prison, after appearing in U.S. District Court in New York on Monday.

Comment?

Related Topix: Prison, Criminal Defense Law, Law, Personal Finance, Viola, NY, Business News

20 hrs ago | The Herald

Pension reform plans a should have been even more radicala

Pension reform plans 'should have been even more radical' The author of the government blueprint on the future of pensions in Britain has confessed he now wishes he had been more radical in his proposals for pension reform.

Comment?

Related Topix: Pension, Personal Finance

Yesterday | Myrtle Beach Online

Retired workers to see state refunds

The S.C. Retirement System must pay back about $40 million in retirement contributions it improperly took from the paychecks of state employees who participated in a program that lets them continue working after retirement, a state judge ruled this week.

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Related Topix: Personal Finance, Georgetown County, SC, Richland County, SC, Georgetown, SC

Thu Jul 02, 2009

Hispanic Business

$2 Million Settles Kickback Scandal

A California financial company on Wednesday agreed to repay $2 million to New York state's giant public pension fund after one of the company's former partners was implicated in paying a kickback to secure investment deals from the fund.

Comment?

Related Topix: Pension, Personal Finance

Charlotte.com

All Business: Cash is king for investors

NEW YORK That old saying "cash is king" certainly rings true these days. Investors can't seem to get enough of it, which ultimately could be bad news for the stock market and the economy.

Comment?

Related Topix: Financial Markets, Mutual Funds, Personal Finance

Business Insurance

Pension funds to lead Bank of America investor lawsuit

A group of five public pension funds, including state funds in Ohio and Texas, have won the right to lead investor class action lawsuits against Bank of America Corp.

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Related Topix: Banking, Bank of America, Financial Services, Pension, Personal Finance, Merrill Lynch and Co, Investment Services

The Miami Herald

For Madoff victims, jail can't ease losses

For the investors whose life savings vanished in Bernard Madoff's fraud scheme, a 150-year prison sentence can't bring back what they lost.

Comment?

Related Topix: Prison, Bernie Madoff, Pembroke Pines, FL, Personal Finance, Weston, FL

Daily Mail

Pension crisis looms for half of all women

Survey: A quarter of women are saving nothing towards their retirement, with a similar proportion not saving for anything at all A quarter of women are saving nothing towards their retirement, with a similar proportion not saving for anything at all, a survey has found.

Comment?

Related Topix: Pension, Personal Finance

Wed Jul 01, 2009

Stawell Times News

It's back to work as super slumps

Older Australians are returning to the workforce and putting off retirement because of big losses in superannuation, which has experienced its worst year on record.

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Related Topix: Personal Finance

StartupJournal

Majority Of VCs In Survey Call Industry 'Broken'

Venture capitalists are inherently an overly optimistic bunch, betting millions of dollars on high-risk business ventures that are always running out of cash.

1 comment

Related Topix: Venture Capital, Emerging Technology, Personal Finance

Las Vegas Sun

Pension adviser settles NY kickback probe for $2M

Wed, Jul 1, 2009 The Pacific Corporate Group, a company that helps big government pension funds decide how to invest their money, has agreed to pay $2 million to extract itself from a corruption investigation in New York.

Comment?

Related Topix: Pension, Personal Finance, Criminal Defense Law, Law, Securities and Exchange Commission, Corporate / Securities Law

Raw Story

Unsolved Madoff mystery: Where did all the money go?

One day after Wall Street huckster Bernard Madoff was sentenced to 150 years in prison, investigators remain stumped about the whereabouts of the billions of dollars he stole from his victims.

Comment?

Related Topix: Bernie Madoff, Personal Finance

Brattleboro Reformer

Bennington hospital blames pension plan

Data collected by the federal government shows that most companies have abandoned the style of pension plan used by Southwestern Vermont Health Care that helped lead to a staggering $22 million dollar projected budget deficit for the health system.

1 comment

Related Topix: Pension, Personal Finance, Medicine, Hospital Administration, Healthcare Industry, Law, Employment / Labor Law

Guardian Unlimited

Court rulings loom on campaign funds, civil rights - AP

A A A' The Supreme Court will have a new look A A A' and perhaps a new member A A A' but the same right-of-center tilt when the justices return in late summer to deal with unfinished business about money in campaigns.

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Related Topix: US News, Personal Finance, Law, Employment / Labor Law, Hillary Clinton, US Politics, 2008 Presidential Election, Barack Obama

Tue Jun 30, 2009

Marco Eagle

Darcie Guerin: Women, Wisdom, & Wealth: Taking an active role in family finances

You know them when you meet them; people who are truly inspiring. I met Grace at what was possibly the worst time in her life.

Comment?

Related Topix: Pension, Personal Finance, Social Security

The News-Record

Neenah faces huge unfunded liability

The Neenah Joint School District faces an unfunded liability of $86.3 million in early retirement benefits for its employees, according to a recent actuarial study.

Comment?

Related Topix: Appleton Metro, Neenah, WI, Education Etc., Personal Finance

On Wall Street

Advisors Should Choose Process over Product for Retirement Income

Everyone knows that clients' top concern is having enough money to last through retirement, but how to do that remains in question.

Comment?

Related Topix: Personal Finance

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