AIG and ING Sell Units to Raise Cash
Wed, Oct 14, 2009
Both firms are divesting major subsidiaries to pay back billions extended to them by the U.S. and Dutch governments, respectively.
Regulations/Legal
Cash-strapped Firms Hope to Delay Pension Funding Mandates
Fri, Oct 16, 2009
Three legislative proposals would allow companies to make interest-only payments for two years on their 2008 losses and then amortize pension shortfalls over the next seven years.
A Third of DC Plans Have Auto-Enrollment—Mercer
Fri, Oct 16, 2009
While 74% of employers have a targeted employee participation rate of 80% to 100% percent, only half have achieved that goal.
