perspectives

In case you missed it

Posted by Namita Koppa

Here’s some of the latest news from the world of pensions:

▪     The National Consumers League’s Savvy Consumer blog takes a few minutes to write about why it has signed on to support the Retirement USA principles for a universal, secure, and adequate retirement system in addition to Social Security.

▪     MarketWatch examines the holes in nation’s patchwork retirement system and how they have been exposed by the current economic crisis.

▪     According to Workforce Management, the Department of Labor has announced plans to nix a regulation that would have allowed investment company advisors to provide investment advice.

▪     Apparently, hard economic times mean a doubling of hardship withdrawals from 401(k) accounts in 2009.

▪     A recent Gallup poll shows that annuities contribute significantly to the retirement security of middle-class Americans. Read the survey.

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