Pension funds

Nationwide found that women struggle to understand what to do with their savings once they hit retirement.

Jennifer Lewis, senior director of retirement at Willis Towers Watson, discusses the health of corporate pension plans.

Looking ahead, there are many arguments that the overall changes brought about by the pandemic could serve to improve future lifespans.

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Unfortunately, physical and cognitive decline are among potential side-effects.

More than one-third of the $18.1 trillion invested globally in pensions are in 133 U.S. funds, including Boeing, AT&T, IBM, General Motors and General Electric.

More than one-third of the $18.1 trillion invested globally in pensions are in 133 U.S. funds, including Boeing, AT&T, IBM, General Motors and General Electric.

Many are following the example of corporations by instituting defined contribution or hybrid plan options for new hires and by freezing their old plans.

Workers who want to make their retirement portfolio resilient to market volatility should veer away from core stock and bond holdings.

Federal Express is the latest large company to purchase an annuity for its current retirees in an effort to keep the plan solvent.

Federal Express is the latest large company to purchase an annuity for its current retirees in an effort to keep the plan solvent.

Prudential’s analysis underscores the challenges that companies face as low interest rates, which increase pension liabilities, and substantial payouts to retirees temper the benefits generated by rising equity markets.

The massive shortfalls in public pension funds are the single biggest financial challenge for American’s states and cities.

Pension funds for more than 1.5 million union workers is said to be on the brink of failure.

GE’s pension deficit has gotten so big, a misstep could risk leaving the separate units with commitments they ultimately can’t afford to pay.

Lawmakers in Illinois are so desperate to shore up the state’s massively underfunded retirement system that they’re willing to entertain an eye-popping wager.

With many private and public pensions in the red, employees are advised to look for options that will improve their prospects, such Roth IRAs.

California Governor Jerry Brown said legal rulings may clear the way for making cuts to public pension benefits, which would go against long-standing assumptions and potentially provide financial relief to the state and its local governments.

Employees should do a quick assessment of their retirement prospects while still working.