retirement savings News

States Developing IRA Plans for Small Business Employees

For people working for a small business that doesn’t have a retirement plan, help is on the way. Roughly half of the U.S. states are working to create government-sponsored automatic individual retirement account (IRA) plans that would enroll workers without …

Financial Markets Warned Aging Population Means End to Savings Glut

The global “savings glut” that has driven stocks to record highs and bond yields to record lows will soon start to disappear, leading to higher interest rates around the world as populations age, according to a Barclays study. After three …

Willis to Acquire Sweden’s Employee Benefits Provider Max Matthiessen

Willis Group Holdings plc announced that it will acquire a controlling stake of approximately 75 percent in Max Matthiessen, an employee benefits adviser in Sweden, for $205 million. Willis said the acquisition “underlines its commitment to grow its global Human …