Industry News & Blogs

Newsvine - Groundhog Day: 7 mistakes retirees make repeatedly

Despite the best of intentions, retirees tend to make the same money mistakes over and over and over again.

Leo W. Gerard: Retirees Occupy Century Aluminum

On Dec. 18, a dozen retirees, men and women in their 60s, 70s, even 80s, began occupying a median strip along Route 33 in front of the closed Century Aluminum smelter in Ravenswood, W.Va.

Pensioners 'will work into 70s' - mirror.co.uk

Many of tomorrow's pensioners will become self-employed consultants, online traders or run odd-job businesses to make ends meet in retirement, according to research.

Retiree likes to take it easy with his portfolio - The Globe and Mail

By focusing on long-term growth and staying away from small-caps, Tom Loftus doesn’t have to spend a lot of time managing his portfolio

BENISTAR Completes Record Year for Group Retiree Health Coverage | PRLog

BENISTAR Completes Record Year for Group Retiree Health Coverage. BENISTAR, one of the nation’s largest administrators of group retiree medical and prescription drug plans, reported its most successful year for new business for the fiscal year ending June 30, 2011. - PR11729962

VEBA Retirement Trusts Face Funding Shortfalls - WSJ.com

Union retirement trust funds known as VEBAs are running short—one by as much as $20 billion—as health-care costs rise and investment returns are skimpy. Funds are trimming benefits and asking retirees to pay more.

High Court challenge to public sector pensions switch - News centre - PCS

Six unions have mounted a legal challenge on behalf of millions of public sector workers over what inflation index is used to increase their pensions.

U.S. District Court dismisses part of Delphi retiree lawsuit | Crain's Detroit Business

NEW YORK (AP) — A Michigan federal court has dismissed a portion of a lawsuit filed by white-collar workers and retirees against auto parts supplier Delphi Automotive PLC. The court dismissed a claim that federal officials unfairly considered politics in advising the government how to

Pensioners are paying £3bn price for surging inflation - Scotsman.com Business

Pensioners are paying £3bn price for surging inflation - <strong>Rising prices are wiping hundreds off elderly savings</strong>

British Airways 'too weak' to support pension plan top-up | Business | The Guardian

Pension scheme's chairman tells members company's poor financial position mean no reverse in way increases are calculated

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