business - "retirement"

ACTS retirement-Life Communities will buy a 48-acre parcel in North Carolina to complement an existing community.

StanCorp Financial Group, through its subsidiaries marketed as The Standard, has opened a new retirement plans sales office in Indianapolis, Indiana.

The Supreme Court ruled Thursday that Kentucky's retirement system does not discriminate against older workers.

A consortium has launched a major attack on 'Personal Accounts' claiming that the schemes will leave thousands of employees worse off in retirement

Pyramis Global Advisors, a unit of fidelity investments, has appointed Kevin Uebelein as president and CEO. Mr Uebelein succeeds Peter Smail, who announced his retirement from the firm earlier in 2008.

Back in the '60s, when the musical 'Hair' was heralding the dawning of the Age of Aquarius, the popular catchphrase was 'What's your sign, man?' But with Hair now a nostalgic memory (in my case literally) and boomers more concerned about retirement than about Jupiter aligning with Mars, the new mantra is 'What's your number?'

THIS WEEK: Are stock mired in the muck? When you should be an index investor Myth or Reality: If you invest 10% a year you'll be set for retirement Our Guest: Author and wall street Journal Columnist June Fletcher

FKP Property, the Australian retirement villages group, has rejected a A$1.3bn takeover from Lend Lease, the property developer that admitted to problems securing debt to build London's 2012 Olympic village

In a 5-4 decision, the Supreme Court held that the Commonwealth of Kentucky's disability plan, which was not made available to persons already eligible for normal retirement benefits by virtue of their years of service (or age, plus years of service), was not discriminatory on its face, and did not violate the Age Discrimination in Employment Act (ADEA). The Court emphasized that it was dealing with the 'quite special case' of different treatment based on pension status where pension status itself turns on age, noting that the ADEA permits an employer to condition pension eligibility upon age. The Court adopted the rule that, where an employer adopts a pension plan that includes age as a factor, and then treats employees differently based on pension status, the employee must come forward with evidence that the differential treatment was 'actually motivated' by age, not pension status.