2008 ends with alarming retirement benefit trends

2008 ends with alarming retirement benefit trends

We’re ringing out 2008 with a frightening deterioration of retirement benefits for American workers, as the economic downturn ratchets up pressure on saving and health care. Benefits consultant Watson Wyatt reports that a growing number of employers are cutting back on their matching contributions to 401(k) accounts. A Watson Wyatt survey finds that five percent more »

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Duty of loyalty and good faith

David Skeel, guesting on Conglomerate, posts on the distinction between the duty of good faith and the duty of loyalty. He says, in part: At least one Delaware judge has suggested that the good faith duty is part of the duty of loyalty, while several academics (including Hillary Sale and Mel Eisenberg) have characterized it more »