Leah Shepherd

Employees improving their financial skills

While retirement confidence levels are low, employees are showing that they’re taking steps to financially recover from the 2008 recession and that they understand the importance of planning for the future, according to a new research report from Financial Finesse, a provider of workplace financial education.

Rising interest rates boost pension funding

The funded status of the nation’s largest defined benefit pension plans improved by $16 billion in March, according to a new analysis by Milliman. This increase is primarily due to a rise in corporate bond interest rates that are used to value pension liabilities.

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