Retirement News
New Mexico public employees to exit Ackman's Pershing Square
NEW YORK New Mexico's public employees are taking their final chunk of money out of billionaire investor William Ackman's hedge fund Pershing Square Capital Management, the pension fund's chief investment officer said on Friday.
Column - Tapping retirement accounts early: the ins and outs
CHICAGO 401(k) accounts are not designed as piggy banks to be tapped for nonretirement expenses. But stuff happens.
'Let them sell their summer homes': NYC pension dumps hedge funds
NEW YORK New York City's largest public pension is exiting all hedge fund investments in the latest sign that the $4 trillion public pension sector is losing patience with these often secretive portfolios at a time of poor performance and high fees. | Video
Morgan Stanley creating team to educate brokers on U.S. retirement advice rule
Morgan Stanley is creating a team to educate its financial advisers about a new U.S. rule intended to protect retirement savers, a bank spokesman confirmed on Thursday.
'Let them sell their summer homes': NYC pension dumps hedge funds
NEW YORK New York City's largest public pension fund voted on Thursday to unwind all of its hedge fund investments in a sign of the growing dissatisfaction with the asset class in the $4 trillion public pension fund sector.
Column: How to get the most from Social Security's survivor benefit
CHICAGO The opinions expressed here are those of the author, a columnist for Reuters.
