Longer life expectancies are killing pension funds

<i>Breakfast with Benjamin</i>: Pension funds never factored in that people would live as long as they're living. Plus: Fake hedge funder goes to extremes to cover his tracks, Congress to the rescue, and IRA missteps you can avoid

FEB 11, 2015

By Jeff Benjamin

Pension fund strategies never factored in that people would live as long as they're living. It is a real and growing problem. Mamas, don't let your babies grow up to be pension fund managers
Stories of investors being ripped off by advisers and money managers have become way too common, but you've got to at least give this guy points for creativity. Nothing says guilt like creating a fictional employee to report that you have died. Conning investors in order to bankroll a lavish lifestyle
Big sigh of relief. Congress is forming a committee to create a task force to try and determine whether it should launch an investigation into the recent spate of fraudulent tax filings. We're from the government, and here to help you
There's nothing like tax season for a reason to take a closer look at the best and worst uses for individual retirement accounts. 20 IRA mistakes to avoid

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Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains

SPONSORED Who builds the income when the pension disappears?

Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income

Longer life expectancies are killing pension funds

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