BUENOS AIRES, Dec 5- Argentina is not on the verge of cutting its soybean export tax despite market rumors to the contrary and pressure on the government to stimulate international sales, a well-placed source at the agriculture ministry said on Thursday.» Read More
The mutual fund company is threatening to prevent Southwest Airlines pilots who subscribe to a monthly newsletter called 401 k Maximizer from purchasing the three Vanguard funds in their union's retirement plan, according to officials at Vanguard, the pilots union and the newsletter.
Jean Chatzky, NBC Today financial editor, talks about the ramifications.
SAPPORO, Japan, Oct 10- When a Tokyo- based investment manager set out to win business from a pension fund in northern Japan, the cost included dozens of nights drinking at Club Godfather, a discrete watering hole with a $200 cover charge and kimono-clad hostesses.
NEW YORK, Oct 9- Private equity firms J.C. Flowers& Co and Apollo Global Management are among a handful of companies expected to bid for Hartford Financial Services Group Inc' s Japanese annuity business, three people familiar with the situation told Reuters this week. Hartford has tapped Deutsche Bank to handle the sales process, the sources said.
Many workers are ending up with woefully small retirement accounts, even if they have had high incomes and have managed to save over the years.
*Australian self-managed pension funds account for $470 bln. SYDNEY, Oct 7- Risky, high-yielding debt is being sold to Australian retail investors who manage their own pension savings, a move that underlines growing risks associated with the country's $1.5 trillion private pensions system, the world's fourth largest.
More Americans believe they're on track for retirement now than last year. But just because they believe it doesn't make it true.
MOSCOW, Oct 3- Russia's government approved a pension system overhaul on Thursday that will give it tighter control over savings accumulated by private funds while reducing the burden of an ageing population on the state's budget.
LONDON, Oct 3- The rising number of Britons putting off retirement may help explain something that has been puzzling economists- why the Bank of England thinks unemployment will be slow to fall despite a stronger economy. More than 1 million people over the age of 65 in Britain are in employment.
The $268 billion California Public Employees' Retirement System, the nation's largest public pension fund, joins banks and other investors in worrying that Richmond's plan will undermine the value of its holdings.
In opposing Richmond's plan, the $268 billion California Public Employees' Retirement System, the nation's largest public pension fund, joins banks and other investors in worrying that Richmond's plan will undermine the value of its holdings.
As Asia's elderly population rises, there is a risk that many will outlive their retirement savings if they fail to plan properly. CNBC's Chloe Cho investigates the economics of old age.
PNC found the five most serious threats to your retirement. CNBC's Sue Herera breaks it down.
Baseball Commissioner Bud Selig, who instituted the wildcard and presided over the steroid era, said he'll retire after the 2014 season.
Fidelity found the gap between men and women on investment decision making issues is beginning to close. Younger generations are lagging behind, reports CNBC's Simon Hobbs.
A battle in San Jose, the self-proclaimed capital of Silicon Valley, over benefit cuts could have a ripple effect in California.
The IRS official at the center of the Tea Party scandal is retiring. Discussing what Lerner's retirement announcement means for the investigation, with Eliana Johnson, National Review.
CNBC's Sharon Epperson reports how some retirees became millionaires from their retirement savings. "Most millionaires are able to accumulate their wealth because they didn't spend it," says Barry Glassman of Glassman Wealth Services.
The average 401(k) account balance is just shy of $59,000. Some secrets of the rich can help when it comes to building your own retirement fund.
*Retiree committee hires Lazard, Segal. DETROIT, Sept 19- Detroit's retirees have bolstered their defenses against benefit cuts in the city's bankruptcy case by hiring Ron Bloom, a chief architect of the Obama administration's 2009 U.S. auto bailout and long-time adviser to unions in industry shake-ups.