pensions

Good news as 401(k) accounts nearly double over 4 years

Some Pre-Retirees’ Accounts Top $250,000, Nearly Doubling in Four Years BOSTON – There’s good news for Americans with 401(k) retirement accounts. With the rebound of the stock market from the lows of 2008-2009 recession, to record highs in 2013, those with market-based retirement accounts are seeing their retirement funds rebuild. In its most recent quarterly […]

Isaac M. O'Bannon

May. 29, 2013

Regions Bank settles $25M fraud complaint

Birmingham, Ala.-based Regions Financial Corp. has agreed to pay the Louisiana Firefighters' Retirement System $25 million to settle a complaint alleging that it was defrauded by a former portfolio manager, The (New Orleans) Times-Picayune reported April 26.

May. 15, 2013