Pension News

President Barack Obama, in his State of the Union speech, didn’t really touch on the subject near and dear to the hearts of millions of Americans — the State of Retirement in the U.S.

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Workers who retire this year can expect their pensions to be £3,000 less than they would have been in 2008.

Big falls on the stock- market and record low annuity rates – which

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The number of people filing for bankruptcy protection in retirement has soared in recent years — even before the recession.

In fact, people 65 and older are the fastest-growing segment of the population seeking bankruptcy protection, according to a recent study from the University of Michigan Law School.

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Investment fraud is on the increase. Securities regulators and prosecutors are battling what they say is a nationwide surge in investment fraud against baby boomers.

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Double-dipping — the well-established practice of public workers collecting government pensions and salaries at the same time — has become a hot topic for lawmakers struggling with strained budgets.

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