business - "retirement"

SAN DIEGO, CA (MARKET WIRE) The federal district court overseeing a derivative action concerning the collapse of Countrywide Financial Corporation (NYSE: CFC) issued an important ruling today upholding, in large part, the plaintiffs' claims against certain officers and directors of the Company. The action alleges breaches of fiduciary duty by Countrywide's officers and directors, including Angelo Mozilo and David Sambol, as well as violations of the federal securities laws. The derivative action is led by a group of institutional investors, including Arkansas Teacher retirement System, Fire & Police Pension

These savers are stashing their cash, saying 'no' to expensive outings and spending time with family instead. They're on their way to an early retirement.

A federal judge has ruled that executives from Countrywide, one of the nation's biggest mortgage lenders, will have to face a lawsuit from angry shareholders like the Arkansas Teacher retirement Fund that have lost fortunes since the housing market meltdown.

In light of the economic downturn, a new study from AARP says that 81 percent of Americans aged 45 and older are now taking steps to ride out trouble, but those steps include everything from cutting back on retirement savings, on medications, postponing retirement plans or paying certain bills. Robert Powell, editor of retirement Weekly, says these kinds of actions are 'a recipe for disaster,' noting that people need to look long and hard with the ways they cope with the slowdown and with rising costs.

We're looking for passionate and enthusiastic individual to be the Guide to the retirement Planning site on About.com!What sort of information do we want the new Guide to provide?Well, we're...

You?re playing a game and all at once someone shouts ?Do over? and everyone starts the game over. You get ?do overs? in quite a few things in life but...

A defined benefit retirement or pension plan is becoming more and more obsolete in favor of defined contribution plans. There are, however, several companies that still offer these plans to...

Watson Wyatt welcomes the Pensions Regulators new guidance on retirement options and the open market option (OMO), as it comes at a time when the routes available to DC members at retirement for decumulating assets are becoming considerably more numerous and complex. [EUROPE]

Once again, Kiplinger?s is teaming with the National Association of Personal Financial Advisors to offer 2 days of free financial advice. This advice would normally cost you $100 to $250...