Retirement News

Four Mutual sales agents with Mutual Benefits Corp., a viatical and life settlement company, for their alleged involvement in a scheme that officials say raised more than $1.25 billion from more than 30,000 ...

Hedge funds, the high-flying darlings of the investment industry, have fallen to earth.

President-elect Barack Obama has plenty on his plate as his inauguration nears, what with wars in the Middle East and a financial crisis -- and $1.2 trillion dollar deficit -- here at home.

OTTAWA a ' Health issues drove a lot of Canadians into retirement, while financial concerns are now putting the brakes on those plans for many, separate bank surveys released Tuesday suggest.

At an event today where he outlined the organization's annual legislative and advocacy priorities, AARP CEO Bill Novelli pledged to work with Congress and the Administration to address our nation's most serious ...

Jan 7, 2009 5:31 am US/Central The tanking stock market has hit the Field Museum's endowment, which has dropped about $95 million -- 30 percent -- leading to salary cuts, layoffs and buyout offers to scientists ...

A Consumer Reports survey of 19,000 online subscribers finds retirees and pre-retirees have lost chunks of their nest eggs.

Oregon's new secretary of state, treasurer and attorney general wasted no time Monday laying out their priorities after taking office and paying tributes to the people who they succeeded.

Pension worries are back at the forefront of Canadians' concerns and at the top of politicians' in-baskets. The stock market crash has undermined the personal savings of Canadians who count on their ...

Older Americans are spending less on entertainment and restaurant meals as the recession forces them to focus on paying for essentials such as food, gas and medicine, a survey released on Tuesday said.

During the worst economic crisis in a lifetime, the right financial decisions are crucial.

Two more months of mortgage payments and retiree Allan Goldstein says he'll be broke, just another victim in what may be the biggest Ponzi scheme in history.

Goldstein, 76, was among the thousands of investors who trusted Wall Street figure Bernard Madoff with their money while counting on federal regulators to protect the investing public from fraud.

'Somewhere inside of me was the thought that this was a regulated industry. It wasn't. The warning flags were just pushed aside,' Goldstein told a House panel Monday.

In the wake of big investment losses many have turned to Plan B to strategize and rebuild their retirement nest egg, according to Consumer Reports latest retirement survey.

The opinions expressed are his own - It was perhaps inevitable that we ended 2008, the year we learned we were up the creek, with a great financial scandal: the Madoff Ponzi case.

Italy did for retirement financing what President George W. Bush couldna t do in the US: It privatized part of its social security system.

Managers of West Virginia's main investments are hoping the worst is over after the global financial crisis erased about $2.6 billion from the state's portfolio since June.

The bear market and the economic slump have caused most 401 retirement savings to have a major meltdown.

Similar to 401 plans, the IRS designed 403 retirement plans to serve employees of tax-exempt organizations.

New York - ING Group NV split up its U.S. wealth management business to put the company in position to increase assets under management when the economy eventually recovers, but analysts remain skeptical that ...

The Bushes will move to their new $2 million, 8,500-square-foot Dallas home - not paid for by taxpayers - on Jan.