MFS Reaches Settlement Agreement in ERISA Lawsuit |
Under the settlement, MFS shall cause its insurers to pay $6,875,000 into a qualified settlement fund to resolve the claims of the court-approved class.
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Seniors Worried Health Care Costs Will Outpace Retirement Savings |
Women are even more concerned than men, with 60% worried about the rising costs of health care and 46% worried about prescription drug costs. Sixty-eight percent of Americans age 60 and older with household incomes of less than $50,000 are worried.
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Nudging Participants to Rebalance Portfolios |
For those plans where participants are left to make investment decisions on their own, experts agree, it is critically important for advisers to educate them about the proper diversification.
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