The insurance addresses situations where employees become disabled before their normal retirement age and are no longer able to participate in their companys retirement plan.
The move helped shore up the pension plans financial standing and alleviates some of the PBGCs concerns about the plans sponsor being sold to a company with fewer financial resources.
There are three basic portfolio risks that can prevent investors from achieving their goals, retirement and otherwise: capital risk, reinvestment rate risk and inflation risk.
An Iowa-based investment advisor is being forced to repay $341,487 to 68 pension plans he and his company worked with from May 2007 through November 2011.
A report by the Government Accountability Office found that while the most severely distressed multiemployer plans have taken steps to address their funding problems, some did not.
In the last 10 years, the use of matching contributions has nearly doubled, with more than three-quarters of the FTSE 100 now using matching contributions.
DebugScreen: mobile
{
"author": {
"name": "Paula Aven Gladych",
"webUrl": "/author/profile/paula-aven-gladych/",
"description": "",
"imageLarge": "https://secure.gravatar.com/avatar/f16d6fc2845f417ea0e93a3f2b6cd37d?s=136&d=mm&r=g",
"estimate": 1377,
"social": [],
"articles": [
{
"uri": "/2014/04/17/new-policy-ensures-retirement-savings-plan-if-disa/",
"title": "New policy ensures retirement savings plan if disabled",
"byline": "Paula Aven Gladych",
"kicker": "",
"prettyDate": "April 17, 2014",
"timeToRead": "3 minute",
"image": {
"uri": "",
"width": "",
"height": ""
},
"authors": [
{
"webUrl": "/author/profile/paula-aven-gladych/",
"name": "Paula Aven Gladych"
}
],
"kickerNode": [],
"summary": "The insurance addresses situations where employees become disabled before their normal retirement age and are no longer able to participate in their companys retirement plan.",
"body": null
},
{
"uri": "/2014/04/17/pbgc-settlement-results-in-companys-207-5-million/",
"title": "PBGC settlement results in company’s $207.5 million pension payment",
"byline": " Paula Aven Gladych ",
"kicker": "",
"prettyDate": "April 17, 2014",
"timeToRead": "2 minute",
"image": {
"uri": "",
"width": "",
"height": ""
},
"authors": [
{
"webUrl": "/author/profile/paula-aven-gladych/",
"name": "Paula Aven Gladych"
}
],
"kickerNode": [],
"summary": "The move helped shore up the pension plans financial standing and alleviates some of the PBGCs concerns about the plans sponsor being sold to a company with fewer financial resources.",
"body": null
},
{
"uri": "/2014/04/16/coming-to-grips-with-the-three-basic-portfolio-ris/",
"title": "Coming to grips with the three basic portfolio risks",
"byline": "Paula Aven Gladych",
"kicker": "",
"prettyDate": "April 16, 2014",
"timeToRead": "3 minute",
"image": {
"uri": "",
"width": "",
"height": ""
},
"authors": [
{
"webUrl": "/author/profile/paula-aven-gladych/",
"name": "Paula Aven Gladych"
}
],
"kickerNode": [],
"summary": "There are three basic portfolio risks that can prevent investors from achieving their goals, retirement and otherwise: capital risk, reinvestment rate risk and inflation risk.",
"body": null
},
{
"uri": "/2014/04/16/rising-rates-low-returns-and-high-volatility-worry/",
"title": "Rising rates, low returns and high volatility worrying DC consultants",
"byline": "Paula Aven Gladych",
"kicker": "",
"prettyDate": "April 16, 2014",
"timeToRead": "2 minute",
"image": {
"uri": "",
"width": "",
"height": ""
},
"authors": [
{
"webUrl": "/author/profile/paula-aven-gladych/",
"name": "Paula Aven Gladych"
}
],
"kickerNode": [],
"summary": "More than 70 percent of consultants surveyed said they are concerned or very concerned about each of these topics.",
"body": null
},
{
"uri": "/2014/04/16/5-most-common-401k-plan-red-flags/",
"title": "5 most common 401(k) plan red flags",
"byline": "Paula Aven Gladych",
"kicker": "",
"prettyDate": "April 16, 2014",
"timeToRead": "3 minute",
"image": {
"uri": "",
"width": "",
"height": ""
},
"authors": [
{
"webUrl": "/author/profile/paula-aven-gladych/",
"name": "Paula Aven Gladych"
}
],
"kickerNode": [],
"summary": "The flags indicate whether a plan is underperforming, is poorly designed or has reached certain thresholds that suggest it may need new services.",
"body": null
},
{
"uri": "/2014/04/15/dol-nails-advisor-for-erisa-violations/",
"title": "DOL nails advisor for ERISA violations",
"byline": "Paula Aven Gladych",
"kicker": "",
"prettyDate": "April 15, 2014",
"timeToRead": "3 minute",
"image": {
"uri": "",
"width": "",
"height": ""
},
"authors": [
{
"webUrl": "/author/profile/paula-aven-gladych/",
"name": "Paula Aven Gladych"
}
],
"kickerNode": [],
"summary": "An Iowa-based investment advisor is being forced to repay $341,487 to 68 pension plans he and his company worked with from May 2007 through November 2011.",
"body": null
},
{
"uri": "/2014/04/15/millennials-savvy-when-considering-retirement/",
"title": "Millennials savvy when considering retirement",
"byline": "Paula Aven Gladych",
"kicker": "",
"prettyDate": "April 15, 2014",
"timeToRead": "3 minute",
"image": {
"uri": "",
"width": "",
"height": ""
},
"authors": [
{
"webUrl": "/author/profile/paula-aven-gladych/",
"name": "Paula Aven Gladych"
}
],
"kickerNode": [],
"summary": "Eighty percent of millennial workers say they have a monthly budget and two-thirds have established an emergency fund.",
"body": null
},
{
"uri": "/2014/04/14/pbgc-could-go-down-due-to-underfunded-multiemploye/",
"title": "PBGC could go down due to underfunded multiemployer pension plans",
"byline": "Paula Aven Gladych",
"kicker": "",
"prettyDate": "April 14, 2014",
"timeToRead": "2 minute",
"image": {
"uri": "",
"width": "",
"height": ""
},
"authors": [
{
"webUrl": "/author/profile/paula-aven-gladych/",
"name": "Paula Aven Gladych"
}
],
"kickerNode": [],
"summary": "A report by the Government Accountability Office found that while the most severely distressed multiemployer plans have taken steps to address their funding problems, some did not.",
"body": null
},
{
"uri": "/2014/04/14/illinois-senate-approves-bill-to-create-retirement/",
"title": "Illinois Senate approves bill to create retirement plan",
"byline": "Paula Aven Gladych",
"kicker": "",
"prettyDate": "April 14, 2014",
"timeToRead": "2 minute",
"image": {
"uri": "",
"width": "",
"height": ""
},
"authors": [
{
"webUrl": "/author/profile/paula-aven-gladych/",
"name": "Paula Aven Gladych"
}
],
"kickerNode": [],
"summary": "Called the Secure Choice plan, it would give them access to savings accounts that would be similar to traditional IRAs.",
"body": null
},
{
"uri": "/2014/04/11/not-one-ftse-100-employer-offers-a-final-salary-pe/",
"title": "Not one FTSE 100 employer offers a final salary pension scheme to new employees",
"byline": "Paula Aven Gladych",
"kicker": "",
"prettyDate": "April 11, 2014",
"timeToRead": "2 minute",
"image": {
"uri": "",
"width": "",
"height": ""
},
"authors": [
{
"webUrl": "/author/profile/paula-aven-gladych/",
"name": "Paula Aven Gladych"
}
],
"kickerNode": [],
"summary": "In the last 10 years, the use of matching contributions has nearly doubled, with more than three-quarters of the FTSE 100 now using matching contributions.",
"body": null
}
]
}
}
