Retirement

Air Canada stock gained the most in a week after the carrier reached an agreement with the Canadian federal government to extend a cap on pension funding by seven years, vividly demonstrating the impact of pension obligations and the price of publicly traded sponsor’s common stock shares.

A new nationwide public opinion research report produced by the National Institute on Retirement Security (NIRS) finds overwhelming support for Congressional action to provide all Americans with access to a new type of privately run pension plan.

Last week the Dow Jones Industrial Average reached record highs. Many expect the Standard & Poor's 500, a broader market index, to follow the Dow's lead soon. Is this a time to consider committing significantly to U.S. equities, or a time to take profits?

The number of employers offering a sponsored retirement plan slightly increased in 2012 from four years prior, while matches and employer contributions remained near constant, according to a survey released today by WorldatWork and the American Benefits Institute.

Plan fiduciaries are more vulnerable than ever on a lot of legal and regulatory fronts, including the financial statements included with their 5500 filings. In an era when 5500 forms and their attachments quickly enter the public domain online via E-fast 2, available to anyone -- including an enlarged army of DOL inspectors hunting for anomalies, “fiduciaries need to be on the top of their game,” warns Dave Dacey, CPA, a partner with the WithumSmith+Brown and leader of the firm’s Employee Benefit & Pension Plans Group.

New Jersey’s public pension deficit swelled 13% to $47.2 billion in fiscal 2012 as the state continued to make partial contributions to its retirement plans.

The number of employers offering a sponsored retirement plan slightly increased in 2012 from four years prior, while matches and employer contributions remained near constant, according to a survey released today by WorldatWork and the American Benefits Institute.

The new Roth in-plan conversions are getting a lot of press. Here’s what you will need to be ready for the questions heading your way.

More than eight in 10 Americans (84%) expect to see their dentist this year for regular cleanings while less than half (43%) plan to meet with their financial adviser to review their investment strategies, according to a survey on retirement from the PNC Financial Services Group.

Western European nations, backed by strong health care and retiree social programs, dominated the top of the list, snagging the first 10 slots in an index based on data from sources including the World Bank and the United Nations.