Switzerland has a long established and well developed three-pillar system for providing retirement, survivors' and disability benefits. The target of the first pillar, federal social security insurance, is to provide for the subsistence needs for all residents of Switzerland. The second pillar is the occupational benefit system BVG (Swiss pension...
Senior executives across the wealth management and life insurance industries often cite retirement as one of their top growth priorities. They often differ on its magnitude, what they can do now to seize it, how much to invest, the implications that retirement will have on their overall businesses, and the...
One of the biggest questions before the professionals about to retire is the amount of money needed after retirement. Majority of the people think that early planning for retirement is beneficial. While still on the job, people begin to invest in stocks, bonds, and other investments, thereby, accumulating assets for...
HR should help employees start planning for retirement long before their final days on the job.Planning for retirement involves more than redistributing the assets in a 401k plan. To make the most of life after leaving the full-time workforce, experts say, employees should start long before their final days on...
This article is not a pitch for investing in bonds, though they are an essential part of most retirement portfolios. No, this is a pitch for investments of any type that have lower risks. It stresses that there is a big difference between the best way to invest before retirement...
In much of the world, retiring is riskier than it's been since the modern welfare state began to emerge, in the late 19th century. But help may be on the way in the form of the intense competition emerging among banks, insurance companies, mutual funds, and traditional brokerage houses. As...
25-year Accenture veteran to oversee company's U.S. operations NEW YORK -- Accenture (NYSE: ACN) has named Lisa Mascolo U.S. country managing director, effective Sept. 1. As U.S. country managing director, Ms. Mascolo, 48, will have primary responsibility for Accenture's business and operations in the United States,...
New execs at Laureate Laureate Education Inc., of Baltimore, a provider of higher education services, announced that Neal Cohen, a former high-level executive at Northwest Airlines, has been named president and chief operating officer. Cohen, who will report directly to Chairman and CEO Douglas Becker, will oversee...
John Coyle Promoted to President, Catalog, Retail and Direct Services CHICAGO -- R.R. Donnelley & Sons Company (NYSE:RRD) announced today that following the retirement of Troy Reed, George Zengo has been appointed Group Chief Financial Officer, and will assume responsibility for all finance functions for worldwide operations. In...
In the June issue, there was a listing in the letters section of pitching teammates with the most combined victories in one season (the combined wins ranged from a high of 68 to a low of 50). It made me think of the 1968 Tigers...
The Consultant Will Develop a Pension Accounting Model and Train CalSTRS Employees to Use It SACRAMENTO, Calif. -- The California State Teachers' Retirement System CalSTRS today launched a search for a consultant team to research, design and implement a best practice model for pension accounting and to provide...
Marks Entrance of Fastest Growing Mutual Fund Complex in U.S. BOSTON -- Natixis Global Associates NGA, named by Financial Research Corp. as the fastest-growing mutual fund complex in 2006 and 20071, has hired a seasoned veteran to spearhead retirement efforts aimed at the financial advisor marketplace. Tracey Flaherty...
New Web Interface Enables Next Generation Mainframe Developers DETROIT, July 29 /PRNewswire-FirstCall/ -- Compuware Corporation today announced the release of Abend-AID 11. This latest version features an innovative web interface that helps leading IT organizations enable new mainframe talent to support vital systems. (Logo: ...
LIONVILLE, Pa., July 28 /PRNewswire-FirstCall/ -- West Pharmaceutical Services, Inc. today announced the appointment of Matthew T. Mullarky to the position of Chief Operating Officer. Mr. Mullarky, 46, was previously Chief Executive Officer and President of Impact Materials Group of Cleveland, OH, a privately owned engineered materials...
WOODCLIFF LAKE, N.J., July 25 /PRNewswire/ -- BMW of North America, LLC, the U.S. division of the German manufacturer of premium vehicles and motorcycles, today announced the appointment of Peter Miles to the position of Executive Vice President of Operations, effective September 1st, 2008. Miles replaces Howard Mosher who...
MINNEAPOLIS -- Graco Inc. (NYSE: GGG) today announced results for the quarter and six months ended June 27, 2008. Second Quarter Highlights $ in millions except per share amounts [TABLE OMITTED] * Solid sales growth in Europe and Asia offset a decrease in Contractor...
MIPS OKs 22 research projects The Maryland Industrial Partnerships program announced the approval of 22 research projects partnering Maryland companies with university researchers to develop high-tech products. Worth $3.6 million, the projects combine $1.8 million from participating companies and $1.8 million from MIPS,...
THOMASVILLE, Ala. AP - Residents in once-sleepy Thomasville have started complaining about traffic jams on Route 43, which runs right through the town. Much of the new traffic is coming from shoppers, squeezed by $4- per-gallon gas, who are staying closer to home...
The Futura Loyalty Group Inc. (TSX VENTURE: FUT) (the "Company") today announced it has entered into a strategic partnership with Environics Analytics, a market leader in consumer market insight analysis and value added data reporting and mapping technologies. The Company has recently begun to focus its growth efforts...
SYRACUSE, N.Y. -- Community Bank System, Inc. (NYSE: CBU), through its Benefit Plans Administrative Services, Inc. subsidiary BPAS, has acquired the Philadelphia division of Alliance Benefit Group MidAtlantic from BenefitStreet, Inc. Alliance Benefit Group MidAtlantic provides retirement plan consulting, daily valuation administration, actuarial and ancillary support services....
Articles 2008-07-09
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