WASHINGTON, May 22- Pension funds- those old guaranteed-benefit retirement plans your grandma might have told you about- outperform those in 401 plans year after year, according to new research from consulting company Towers Watson.
CHICAGO, May 21- A job and a paycheck- they go together like coffee and cream. But when you retire from your regular job, does that mean you have to give up the cream? They want a piece of the $5.1 trillion in assets that the Investment Company Institute says was in workplace retirement plans last year.
*Austria's Fekter welcomes plan to boost coffers. LONDON, Feb 14- The European Union's executive formally proposed on Thursday a tax on financial trading in 11 countries to raise up to 35 billion euros annually, a step investors said would hit savers and pension pots.
*Options limited amid tight budgets, Washington gridlock. WASHINGTON, Feb 5- For too many of Vada Lindsey's lower-income clients, their hard-earned 401 accounts become go-to emergency funds when they are faced with unexpected cash needs.
No reason has been given yet for the departure of founder and executive chairman George Zimmer, reports CNBC's Courtney Reagan. Zimmer has long been the face of the company.
Wednesday, 19 Jun 2013 | 10:52 AM ETCNBC's Rick Santelli, explains why he hears 'crickets" when he asks questions about Fed Chairman Bernanke's policies. "Enough is enough," he rants.
Wednesday, 19 Jun 2013 | 11:36 AM ETAre reporters lobbing "softball" questions at the Fed chairman? CNBC's Rick Santelli and the Wall Street Journal's Jon Hilsenrath, debate whether the economy continues to need quantitative easing. I'm trying to inform the public about what the Fed is up to, says Hilsenrath.