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Most Plan Fiduciaries “Ill-Prepared” to Evaluate Alternatives

by Editorial Staff

Wed, Aug 04, 2010

Alternative investments could be a trap waiting for unwary or unprepared plan sponsors and fiduciaries, Matthew Hutcheson told members of the House Subcommittee on Health, Employment, Labor and Pensions on July 20.

To Offset Potential S.S. Cuts, Save 10 Percent More

by Editorial Staff

Wed, Aug 04, 2010

A hypothetical 45-year-old couple should save an extra $90,000 before they retire. At age 55, the same couple year-old should begin saving an extra $82,900, suggests economist Laurence Kotlikoff.

Spark Institute Seeks Input on Proposed Data Standards for In-Plan Income Options

by Editorial Staff

Wed, Aug 04, 2010

"The absence of standards for sharing necessary information among the insurance product providers and unaffiliated record keepers [is] an impediment to more widespread access to these products," said Spark attorney Larry Goldbrum.

In UK, Protest Against 'Lynch Mob' Mentality on Public Pensions

by Editorial Staff

Wed, Aug 04, 2010

Lobbyists wish to "drastically erode the modest pensions of millions of public sector workers," said Derek Simpson of Unite, Britain's largest union.

New River and Newkirk in Electronic Delivery Deal

by Editorial Staff

Wed, Aug 04, 2010

Newkirk Products, Inc., has agreed to distribute NewRiver’s Prospectus Express product in the 401(k) and 403(b) markets via Newkirk’s Fund Central platform.