Under the heading “Newswatch,” I will in the future be posting titles of articles and links to them for readers without much explanation. (In the manner of some of my fellow bloggers.) I do not always have the time to write commentary on what I read, but would like to provide links to some noteworthy articles. There is a selfish reason here too, I’m afraid. I would like to go back and refer to some of these from time to time and this will provide the means to do so. I have tried Furl, and think it is great, but unfortunately cannot seem to work it into my schedule.
Some articles for today:
- Kiss your taxless Net goodbye
- Redemption fee could trap small investors
- Cash balance pensions plans continue to lose in court
- Pension Uncertainties Vex Retirees
- Pension fight nearly settled: Electro-Jet workers, lawyers to share $14.3M
- Extra Day for Leap Year Can Cause Confusion with Paychecks, Retirement Plans
- From CFO.com: This Year’s Leap: Expensing Options
USAToday.com posted an interview with Eliot Spitzer which you can access here. What he had to say about mutual fund fees:
Government has no place setting the fees. But disclosure needs to be improved dramatically. Nobody knows what they are paying. Every prospectus should have the sort of chart you see on a can of soup: three servings, X calories, this much fat, this much carbs. It should be reduced to this sort of simple, comparative basis. Right now, you read a prospectus, who knows what it means?