retirement

Fidelity retirement funds warm to Canada, cool to emerging markets

1 day ago DieselGasoil Comments Off on Fidelity retirement funds warm to Canada, cool to emerging markets
BOSTON (Reuters) – Fidelity Investments has cut exposure to red-hot emerging markets stocks in its age-based retirement funds while putting more money into Canadian stocks and U.S. government bonds. The shift, reflected in a Morningstar Inc report released on Thursday, shows how the $200 billion-plus Fidelity Freedom Funds franchise is taking a slightly more defensive Read More

How to close the race-based chasm in U.S. retirement wealth

1 week ago DieselGasoil Comments Off on How to close the race-based chasm in U.S. retirement wealth
CHICAGO (Reuters) – The gap in U.S. retirement wealth between white and minority families has widened to the point where it really is not a gap anymore. It is a canyon. In 2016, white families had six times more money saved for retirement on average than black or Latino families, according to new data from Read More

Column: Pre-tax retirement contributions at risk in tax reform

2 weeks ago DieselGasoil Comments Off on Column: Pre-tax retirement contributions at risk in tax reform
NEW YORK (Reuters) – If you like the income tax reduction you get for your 401(k) contribution then make sure to max out now, because you may not get the chance in the future. Tax reform proposals of past years from both political parties have targeted the break people get for 401(k)s because it is Read More

General Electric says ‍in connection with Jeffrey​ Immelt's retirement, board decreased its size

3 weeks ago DieselGasoil Comments Off on General Electric says ‍in connection with Jeffrey​ Immelt's retirement, board decreased its size
Oct 2 (Reuters) – General Electric Co * General Electric Co says ‍in connection with Jeffrey​ Immelt’s retirement, board decreased its size from 19 to 18 directors – SEC filing * General electric co – Larry Nichols resigned from BHGE board, and BHGE board decreased its size from 11 to 9 directors​ Source: (bit.ly/2xTp9oq) Further Read More

Transocean Ltd. Announces Retirement of Six Floaters

4 weeks ago DieselGasoil Comments Off on Transocean Ltd. Announces Retirement of Six Floaters
ZUG, Switzerland, Sept. 22, 2017 (GLOBE NEWSWIRE) — Transocean Ltd. (NYSE:RIG) announced today its intent to retire the ultra-deepwater floaters GSF Jack Ryan, Sedco Energy, Sedco Express, Cajun Express, and Deepwater Pathfinder, and the deepwater floater Transocean Marianas. The rigs will be classified as held for sale and will be recycled in an environmentally responsible Read More

Finlay Minerals announces retirement of James Tutton as CFO

1 month ago DieselGasoil Comments Off on Finlay Minerals announces retirement of James Tutton as CFO
Sept 18 (Reuters) – Finlay Minerals Ltd: * Finlay Minerals Ltd. announces a change of the Chief Financial Officer * Says Richard T. Dauphinee appointed CFO * Announces retirement of James Tutton as Chief Financial Officer * Tutton will continue to serve as a member of board of directors of company Source text for Eikon: Read More

Trump administration signals plans to defang retirement rule

1 month ago DieselGasoil Comments Off on Trump administration signals plans to defang retirement rule
NEW YORK (Reuters) – The U.S. government will likely water down a key part of a landmark retirement rule, lawyers for the Department of Labor said, signaling that the government will offer an out for brokerages that would have been subject to class action lawsuits. Thrivent Financial, a Minneapolis-based asset manager, has asked a federal Read More

Adams Resources & Energy announces retirement of CEO and appointment of new executive chairman

1 month ago DieselGasoil Comments Off on Adams Resources & Energy announces retirement of CEO and appointment of new executive chairman
Sept 8 (Reuters) – Adams Resources & Energy Inc * Adams Resources & Energy, Inc announces retirement of CEO, appointment of a new executive chairman and formation of the office of the chairman * Adams Resources & Energy Inc – ‍Thomas S. Smith has informed company of his intent to retire as president and chief Read More

ETFs are hot everywhere but workplace retirement plans

2 months ago DieselGasoil Comments Off on ETFs are hot everywhere but workplace retirement plans
NEW YORK (Reuters) – Low-cost exchange-traded funds are a favorite of individual investors. ETF assets reached $2.9 trillion in 2017, up 32 percent in the last year, according to Investment Company Institute, a trade group. So why are so few ETFs offered in workplace retirement plans? Of the $5 trillion in assets in company-sponsored 401(k) Read More

Q&A: When retirement experts sell a family-run business

2 months ago DieselGasoil Comments Off on Q&A: When retirement experts sell a family-run business
NEW YORK (Reuters) – A little information can go a long way in the retirement business, which is something that brothers Mike and Ryan Alfred were able to turn into a thriving enterprise. Founded in 2009, their company BrightScope was the first online rating system for 401(k) plans, allowing employees to plug in the name Read More