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Tuesday, April 16, 2013

French ministers get low grades from money experts

President Francois Hollande forced all 38 of his cabinet ministers to publish their financial records this week and the initial headlines focused on how eight of them were millionaires.

http://www.myrtlebeachonline.com/2013/04/16/3440123/french-ministers-get-low-grades.html

Reading Health System lays off 210 employees

The parent company of Reading Hospital, Reading Health System, laid off 210 employees today as part of a cost-cutting plan that also will eliminate an additional 181 jobs through attrition and change the employee retirement package from a defined-benefit pension to a 401 plan.

http://readingeagle.com/article.aspx?id=470221

French ministers get low gradesa

France's government leaders have bared their financial assets and the ruling is in: they're not very good at money.

http://www.wwlp.com/dpp/news/international/French-ministers-get-low-grades-from-money-experts_58859485

Two Heights Public Retirees Receive More Than $100K Pension

The list of retired public workers named to New Jersey Watchdog's "$100K Club" - those who collect more than $100,000 in state pension each year - includes two from Hasbrouck Heights.

http://hasbrouckheights.patch.com/articles/two-heights-public-retirees-receive-more-than-100k-pension

Jacksonville pension fund picks 2 small-cap growth managers

... small-cap growth equities, confirmed Joey Greive, chief investment officer. Funding comes from the $1.8 billion pension fund's termination of Franklin Templeton ( BEN ) Investments ( BEN ), which ran $62 million in a similar portfolio, due to ...

http://www.pionline.com/article/20130416/DAILY/130419920?

U.K.'s Pension Protection Fund wants liquid alternatives managers

Pension Protection Fund, London, is searching for managers to run liquid alternatives strategies that currently account for about 5% of total assets, according to Ana Moreno, spokeswoman for the 13.5 billion fund.

http://www.pionline.com/article/20130416/DAILY/130419921?

Retirement Benefits And Divorce

For many couples, Pension plans, IRAs, 401ks and other retirement plans represent a significant portion of their net worth.

http://www.jdsupra.com/legalnews/retirement-benefits-and-divorce-04638/