Feb 19, 2010 — Data from insurance.com suggests certain professions are more likely to have had an accident. —
Continue reading “Attorneys, Financial Professionals Top List of Worst Drivers” »
Feb 22, 2010 — The labor-force participation rate is increasing for Americans ages 55 and older as they are faced with higher health costs and economic losses, according to a study published by the Employee Benefit Research Institute (EBRI). —
Continue reading “Americans Staying in the Workforce Longer” »
Feb 22, 2010 — Once again, 401(k) participants that were inclined to rebalance their accounts tended to chase the market. —
And while it won’t come as a surprise to most advisers, according to the Hewitt 401(k) Index, transfers were strongly equity-oriented during the first half of the month (when markets were higher), with participants moving monies out of fixed income investments and into equities during 9 out of 10 days. However, as the market retreated mid-month, 401(k) participants also changed the direction of their transfers, and moved monies back into fixed income investments during 8 out of 9 days in the second half of the month.
Continue reading “Market Continues to Move Participants” »
Feb 02, 2010 — A recent survey conducted by ING’s U.S. Retirement Services indicates those employed in the higher education community are growing more nervous about their ability to retire comfortably, yet few are acting on their concerns. —
Continue reading “Higher Ed Employees not Acting on Retirement Concerns” »
Feb 04, 2010 — Brokers/advisers are the most trusted sources to provide accurate information about investments, investing, or the markets, according to the 2010 Edelman Financial Services U.S. Trust Barometer. —
Continue reading “Advisers Most Trusted Source for Investing Information” »
Feb 04, 2010 — New York accounting firm Eisner LLP has issued a warning that the Internal Revenue Service (IRS) will begin sending questionnaires to 401(k) sponsors to gather information about their level of compliance with applicable tax rules.
Continue reading “IRS to Mail 401(k) Compliance Questionnaires” »