----------------------------------------------------------- Reach engaged advisors specializing in group retirement plans ----------------------------------------------------------- Reach Advisors Specializing in Group Retirement Plans Retirement AdvisorPro Weekly eNewsletter Dedicated to advisors specializing in group retirement plans, this weekly practice-management-focused publication also details the latest in compliance and regulation. Subscribe to the Retirement AdvisorPro eNewsletter today. >> http://www.benefitspro.com/enewsletters?source=BenefitsPro_Retirement_061412 Or contact me today to get ideas on how to utilize this impactful eNewsletter as part of your integrated marketing campaign. Best regards, Claire Corroon Account Executive ccorroon@benefitspro.com p. 910.454.0752 Download the BenefitsPro media kit. >> http://www.benefitspro.com/pages/advertise.php ----------------------------------------------------------- TOP RETIREMENT STORIES: Public employee pensions face a rollback in California The pensions of current public employees have long been generally considered untouchable, but politicians (and voters) are saying those obligations are trumped by the current health and safety needs of their financially stressed communities. Read more at the link below: >> http://www.benefitspro.com/2012/06/11/public-employee-pensions-face-a-rollback-in-califo GAO calls veterans' pension program a rip-off A GAO study of the federal low-income veterans' retirement program shows widespread abuse of benefits and predatory practices among some unscrupulous advisors. The VA promises reforms for the $4.3 billion program. Read more at the link below: >> http://www.benefitspro.com/2012/06/08/gao-calls-veterans-pension-program-a-rip-off ASPPA takes issue with whitepaper on 401(k) fees The head of the ICI joined ASPPA in slamming the math in a recent Demos study that suggests retirees will lose huge portions of their investments to hidden 401(k) fees, although disclosure rules will indeed make those fees more visible. Read more at the link below: >> http://www.benefitspro.com/2012/06/04/asppa-takes-issue-with-white-paper-on-401k-fees Funded status of corporate pensions lowest since 2007 The large decline in equity markets and lower interest rates conspired to bring the funded status of the typical U.S. corporate pension plan to 69.8 percent in May, its lowest level since December 2007. Read more at the link below: >> http://www.benefitspro.com/2012/06/08/funded-status-of-corporate-pensions-lowest-since-2 Chrysler's chief says no to pension buyouts The last of the one-time Big Three says it doesn't need to hatch a pension buyout scheme like Ford and GM have now done. Is the optimism real? Read more at the link below: >> http://www.benefitspro.com/2012/06/05/chryslers-chief-says-no-to-pension-buyouts ----------------------------------------------------------- Weekly Highlights in Retirement News from Andy Stonehouse, BenefitsPro.com Retirement Advisor Channel Manager Voting in San Diego and San Jose, Calif. is seen by some as the start of a nationwide backlash against public retirement plans and their hard-to-sustain benefits. Will the sentiment spread elsewhere? Plus, a private study damning the costs of 401(k) management fees has rankled an industry working hard to meet government requirements to explain (and rationalize) those costs to consumers. And as the one-time auto industry giants try to shift their pension obligations to private insurers to firm up their bottom line, will shareholders and employees reap the benefits of the deals? ----------------------------------------------------------- Connect with us Twitter: >> http://twitter.com/Benefits_Pro Facebook: >> http://www.facebook.com/pages/BenefitsPro/157264760997423 LinkedIn: >> http://www.linkedin.com/groups/BenefitsPro-3824035?mostPopular=&gid=3824035 RSS: >> http://www.benefitspro.com/pages/rss.php ----------------------------------------------------------- ----------------------------------------------------------- ----------------------------------------------------------- >> www.BenefitsPro.com BenefitsPro.com | 7009 S. Potomac Street, Suite 200 | Centennial, CO 80112 | 888-265-3616 © 2012 Summit Business Media. All Rights Reserved. >> http://www.summitbusinessmedia.com Privacy Statement: >> http://www.benefitspro.com/pages/privacy-policy.php Unsubscribe: http://list.sbmedianews.com/u?id=[memberidchar]&o=[outmail.messageid]&n=T&e=[emailaddr]&l=[list.name]