|
In the news
|
|
Financial Engines Issues National 401(k) Evaluation: How Well Are Americans Handling Their 401(k)s? -- Study of Nearly One Million 401(k) Portfolios Shows Lower Paid,Older Employees Making the Most Costly Mistakes
Financial Engines, a leading provider of independent investment advice and managed accounts, today released The Financial Engines National 401(k) Evaluation, a new report that assesses nearly one million 401(k) participant portfolios (964,118) to determine how well Americans are handling their 401(k) plans. The report also estimates the costs associated with common investing mistakes. According to the National 401(k) Evaluation, 69 percent of participants in the study have 401(k) portfolios with inappropriate risk and/or diversification, 36 percent hold high concentrations of company stock, and 33 percent fail to contribute enough to receive the full company match. While groups of participants are taking full advantage of their 401(k) plans, participants with lower salaries, lower plan balances, and those closer to retirement tend to make the most costly mistakes. (PRWeb May 12, 2008)
Read the full story at http://ww1.prweb.com/releases/percent/participant/prweb935514.htm
Full Story
|
Americas Watchdog Is Offering Free Advice To All Consumers Who Were Taken In The $320 Billion Dollar Auction Rate Securities Scam
Americas Watchdog is offering to help all victims of the auction rate securities scandal. The group has termed the auction rate securities debacle, "the single worst case of fraud in US history". Why is this the biggest case of fraud in US history? Over 100,000 US citizens were told by their name brand US bank, a high profile Wall Street stock brokerage firm, or a financial institution that individual investors there was no risk in something called an auction rate security, they were liquid, they were just like cash". On February 14th 2008, the auctions failed, and now over 100,000 US investors are wondering if they will ever see their money again. In this case its $320 billion dollars. This represents the life savings of most victims. Victims can call Americas Watchdog anytime at 866-714-6466 (PRWeb May 12, 2008)
Read the full story at http://ww1.prweb.com/releases/2008/05/prweb933324.htm
Full Story
|
Baird Hosts 29th Annual Growth Stock Conference: Senior Research Analyst Christopher Raymond Discusses Potential Growth Opportunities for Biotechnology Sector
Baird, an employee-owned, international capital markets, private equity, wealth and asset management firm, will host its 29th annual Growth Stock Conference at the Four Seasons in Chicago, May 13-15. This year's conference will feature executives from more than 160 of the fastest-growing companies across the following sectors: Business Services, Communications, Consumer/Retail, Distribution, Education, Financial Institutions, Health Care/Life Sciences, Specialty Pharmaceuticals, Technology and Transportation/Logistics. Several hundred institutional and private equity investors will attend. (PRWeb May 12, 2008)
Read the full story at http://ww1.prweb.com/releases/baird/growth/prweb936274.htm
Full Story
|
Rothschild Investment Corporation Offers Employers Free 401k and Retirement Plan Analysis
The Pension Protection Act of 2006 brought with it significant changes to the way organizations are to run their 401k and retirement plans. To help employers ensure that their retirement plans reflect the sweeping new mandates, Rothschild Investment Corporation (www.rothschildinv.com) is pleased to announce a new program to offer complimentary 401k and retirement plan evaluations. (PRWeb May 12, 2008)
Read the full story at http://ww1.prweb.com/releases/retirement/rothschild/prweb937344.htm
Full Story
|
Archive
|
|
|
