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Wednesday, March 28, 2012

Reuters Money: Retirement providers push for email for cost savings

Reuters » Money 2012
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03/28/2012
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Retirement providers push for email for cost savings
NEW YORK (Reuters) - Companies that serve 401(k) plans are asking the Labor Department to reconsider its stance on mailed notification, so that they can save costs by using email instead of regular mail to send information to plan participants.
Why college students stop short of a degree
CHICAGO (Reuters) - Aspiring journalist Fruzsina Eordogh dropped out of Loyola University Chicago last spring, just a few classes shy of graduating.
Analysis: Commodities look to simmer not boil this year
NEW YORK (Reuters) - Even with crude oil prices nearing record territory, experts see signs that the market for commodities is running on fumes.
Self-directed IRAs satisfy alternative investors
(Reuters) - Despite the surge in popularity of target-date funds, which put retirement investing on autopilot, some bold individuals are going to the other extreme. These aggressive investors are using a special kind of account, called a "self-directed" Individual Retirement Account (IRA), to add alternative -- and sometimes off-beat -- investments to their retirement portfolios.
Wells Fargo to face lending program class-action suit
NEW YORK (Reuters) - Wells Fargo & Co was ordered to face a class-action lawsuit in Minnesota federal court by investors who accuse the bank of improperly touting a lending program as safe when in fact it was risky.
Same old, same old expected from RIM under new CEO
TORONTO (Reuters) - Research In Motion is likely to prove this week that it's much easier to install a new chief executive than it is to turn around a struggling company in his first quarter at the helm.
Of two minds about Roth conversions?
NEW YORK (Reuters) - To Roth or not to Roth? As it turns out, you can sort of have it both ways.
Analysis: The U.S. elections: Time for investors to worry
NEW YORK (Reuters) - Investors have yet to break a sweat over November's U.S. elections. That's likely to change soon.
Princeton Review to sell test guides business, change name
(Reuters) - The Princeton Review Inc, best known for providing preparation guides for competitive exams like the SAT, GRE and GMAT, said it sold its test preparation business to focus on its online education unit.
Apple's gains make some mutual funds riskier
NEW YORK (Reuters) - When it comes to Apple, investors could become victims of their own success.
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