Retirement Trends

In July 2012, 50 percent of retirement plan participants didnt know how much they were paying in fees and expenses. One year later, a follow-up survey tells the same story, LIMRA said.

Standard & Poors declared Illinois fiscal outlook developing, an improvement, if a somewhat fuzzy one, over its previous negative outlook.

They argues in a letter that recalculating spousal benefits, death benefits and required minimum distributions to same sex partners would open plans and participants to complicated questions about payments and decisions made under DOMA.

Most people are not equipped to invest their funds or withdraw them in a way that allows them to maintain their lifestyle while preserving principal.

State pension funds more than doubled their allocations to alternative investments between 2006 and 2012, about a $600 billion increase.

According to data from the Milliman 100 Pension Funding Index, the pension deficit is below $100 billion for the first time in five years as the funded status increased by $34 billion during November.