RefBan

Referral Banners

Yashi

Wednesday, February 6, 2013

Reuters Money: Seven ways boomers are rewriting the rules of retirement

Click to View in Browser
02/6/2013
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
Seven ways boomers are rewriting the rules of retirement
CHICAGO (Reuters) - The baby boom generation has broken the mold at every stage of life, and it looks like old age won't be any different.
YOUNG BUCKS - How and why your 401(k) is changing
(This is part of a five-part package on retirement that will run Feb 5 - Feb 7)
Analysis: Carried interest thrust again into tax debate
WASHINGTON (Reuters) - A big tax break that benefits U.S. private equity and venture capital executives is under threat again, and this time the chances of preserving it may have dimmed.
Goldman Sachs' O'Neill, aka Mr. BRIC, to retire
(Reuters) - Jim O'Neill, a Goldman Sachs Group Inc executive who coined the term "BRIC" to refer to four fast-growing emerging markets, will retire later this year, according to an internal memo sent out on Tuesday.
Philadelphia trader convicted in investment scheme
NEW YORK (Reuters) - Tyrone Gilliams, a Philadelphia commodities trader and hip-hop promoter, was convicted by a New York federal jury of fraud in connection with an investment scheme.
Local pension plans punished by safe investments: study
WASHINGTON (Reuters) - Cities and local governments are likely to put more money into their public pension plans than U.S. states, but conservative investments have led their retirement systems historically to be worse-funded, a Boston College study released on Tuesday found.
VantagePoint yanks planned $1.25 billion venture-capital fund
SAN FRANCISCO (Reuters) - Venture firm VantagePoint Capital Partners, known for its investments in clean technology, has pulled the plug on a planned $1.25 billion fund due to lack of investor interest.
Rethinking savings plans as struggling Americans raid 401(k)s
WASHINGTON (Reuters) - For too many of Vada Lindsey's lower-income clients, their hard-earned 401(k) accounts become go-to emergency funds when they are faced with unexpected cash needs.
Private equity funds raised $40.3 billion for emerging markets: EMPEA
NEW YORK (Reuters) - Emerging market private equity funds in 2012 had their best year for raising capital since 2008, pulling in $40.3 billion, although the amount of money committed to investment dropped as less flowed into sector juggernauts China and India.
In lawsuit against S&P, a surprise appearance from Talking Heads
NEW YORK (Reuters) - When the housing market was on the road to nowhere in 2007, one ratings analyst found an unlikely muse: the post-punk band Talking Heads.
Related Video
Dow 14k: Ceiling or floor?
Harbaugh v. Harbaugh: How to navigate sibling rivalries
Business News
Wall Street to open lower after Tuesday rally, results eyed
RBS fined $615 million for rate rigging
SUBSCRIBE TO OTHER REUTERS NEWSLETTERS
 Counterparties
The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today  
Reuters Business Today
A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today  
» MORE NEWSLETTERS
- 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters
Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details
Subscribe to other Reuters newsletters.
Unsubscribe from this newsletter.
Follow us on Twitter facebook Friend us on Facebook Forward this newsletter to a friend Forward to a friend

No comments:

Yashi

Chitika