Latest Pension Stories

Retirement Roadster announced today that David Beckham is the first recipient of their Money Savvy Retiree of the Week Award. New York, NY (PRWEB) May 23, 2013 Today, Retirement Roadster chose David Beckham as the Money Savvy Retiree of the Week. On May 21, 2013, Forbes.com announced that David Beckham is going to purchase a Major League Soccer team for only $25 million, which is approximately 25% of the current value. David Beckham was able to make the purchase at such a low price...

FORT SMITH, Ark., May 17, 2013 /PRNewswire/ -- Arkansas Best Corporation (Nasdaq: ABFS) announced today that it has adopted changes to its nonunion defined benefit pension plan ("the Plan"). The changes affect all active Plan participants including all management executives who are participants. The change is being made to reduce the ongoing costs, including administrative and regulatory costs, associated with the Plan. Effective July 1, 2013, the Plan will be frozen with the...

Small Businesses Using Defined Contribution Software to Offer Health Insurance in a New Way Park City, Utah (PRWEB) May 08, 2013 Today, Zane Benefits, Inc. published a new guide on defined contribution health plans. Zane Benefits, which provides comprehensive and flexible alternatives to traditional employer sponsored health benefits, is the leader in defined contribution and health reimbursement arrangements. According to Zane Benefits’ website, defined contribution health plans are...

Retirement Manager offers individualized, tax-efficient retirement drawdown strategy, enhanced liability-driven portfolio methodology, and more holistic advice CHICAGO, May 6, 2013 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, has announced the next generation of Morningstar(®) Retirement Manager(SM), an advice and managed account service for defined contribution participants in the United States. Together, Morningstar's...

RADNOR, Pa., May 1, 2013 /PRNewswire/ -- Underscoring the importance of people taking charge of their financial future - and helping consumers make sound benefit decisions - Lincoln Financial Group (NYSE: LNC) today announced the launch of Lincoln for Living, a new and innovative website that gives the public access to a wide array of tools and resources that can help them make smart decisions about protecting their future. And it's just a click away to see it yourself at...

HARTFORD, Conn., April 30, 2013 /PRNewswire/ -- Insurers have a significant opportunity to expand assets in the small and midsized pension market, according to a new study by Conning. "Insurers are uniquely positioned to serve the small and midsized pension plan market, which showed plan growth of 5 percent in 2011, and which contains the majority of plans overall," said Scott Hawkins, analyst at Conning. "The market is dynamic, with frequent provider reviews, so detailed market...

However, research reveals that the relatively vast sums of personal wealth accrued by households in Asia provide a solid foundation for generating retirement income if efficiently mobilised TORONTO, April 22, 2013 /PRNewswire/ -- Manulife Asset Management recently issued a report that analyses the retirement income security of elderly households in five Asian economies. The report finds that households in these countries and territories have relatively high levels of accumulated...

ALK-Abello Selects MassMutual as New Retirement Plan Provider SPRINGFIELD, Mass., April 9, 2013 /PRNewswire/ -- MassMutual's Retirement Services Division has been selected by Denmark-based ALK-Abello as the new recordkeeper for the company's defined contribution plan. Assets added to MassMutual's platform from ALK's 401(k) plan retirement plan total more than $14.5 million. Headquartered in Horsholm, Denmark, ALK is a research-driven global pharmaceutical company that focuses on...

NASHVILLE, Tenn., April 5, 2013 /PRNewswire/ -- Avondale Partners today announced that Steven Glasgow has been named one of only five finalists from across the nation for the 2013 PLANSPONSOR Retirement Plan Advisor of the Year Award. This recognition follows Glasgow's recent ranking among the nation's "Top 100 Retirement Plan Advisers" for 2013 by PLANADVISER magazine, which created the pool of more than 400 nominations and approximately 175 resulting entries from which the Retirement...

Company to Provide Information Technology and Operations Support Services MCLEAN, Va., April 3, 2013 /PRNewswire/ -- Science Applications International Corporation (SAIC) (NYSE: SAI) announced today it was awarded a prime contract by the Pension Benefit Guaranty Corporation (PBGC) to provide information technology (IT) and operations support services. The multiple-award, indefinite-delivery/indefinite-quantity (IDIQ) contract has a one-year base period of performance, four one-year...