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Retirement News


Longtime Wells Fargo wealth executive Carroll to retire

Longtime Wells Fargo & Co executive David Carroll will retire from his role as head of wealth and investment management next month, saying on Thursday he is leaving because he wants to pursue "another chapter in my life."

Investment funds urge shareholders to vote down Mylan board, pay

NEW YORK The New York City and State pension funds and the California State Teachers' Retirement System are fighting the re-election of six board members at drugmaker Mylan Inc and its 2016 executive pay including Chairman Robert Coury's compensation of more than $97 million.

Ex-N.Y. brokerage executive pleads guilty to pension bribe scheme

NEW YORK A former managing director at broker-dealer Sterne Agee pleaded guilty on Tuesday to bribing a former portfolio manager at New York state's retirement fund in exchange for tens of millions of dollars' worth of business, federal prosecutors said.


Your Money: Strategies to cope with permanent debt

NEW YORK Most people think of debt as a temporary condition: Something you accumulate early in life, chip away at during prime earnings years, and say good riddance to well before retirement.