Manufacturing grew in December at the fastest pace in six months and hiring at U.S. factories picked up. The data helped bolster the view that the economy gained momentum at the end of last year.
Secretary of Labor Hilda L. Solis announced the appointment of five new members to the 2012 Advisory Council on Employee Welfare and Pension Benefit Plans, which also is known as the ERISA Advisory Council.
For the retirement industry, there wasnt much to gloat about in 2011. I hate to end the year on a sour note, and I know I'm not listing them all, but there are plenty of media missteps, lawmaker oversights, and plan misjudgments.
The SPARK Institute and the Investment Company Institute have released a Sample Glossary of Investment-Related Terms for Disclosures to Retirement Plan Participants that defined contribution plans can use and adapt in complying with new Department of Labor participant disclosure regulations requiring plans to give participants specific information about plan investments,...
Perhaps, after its all said and done, the end of the Mayan Calendar the Year 2012 will not mark the end of civilization as we know it. Maybe it just will just mark the beginning of the end of overpriced 401*(k) service providers.
Fifty-eight percent of employers surveyed state that financial illness plays a role in employee absenteeism and 78 percent said that concerns over financial problems while at work can have a negative impact on employee productivity.
Net sales of variable annuities surged in the third quarter of 2011, reaching their highest level since the comparable period in 2007, according to a new study.