In case you missed it
Posted by Namita KoppaHere’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.












