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Employee Benefits & Human Resources

EBRI survey: retirement confidence remains low

Americans’ confidence in their ability to afford a comfortable retirement remains low, despite the improving economy. That’s among the findings in the 23rd annual Retirement Confidence Survey (RCS) issued recently by the Washington, D.C.–based Employee Benefit Research Institute (EBRI). The March 19 report, entitled “The 2013 Retirement Confidence Survey: Perceived Savings Needs Outpace Reality for

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Scotsman ends Pennysavers after “severe” downturn

SYRACUSE — A “severe” and “abrupt” downturn in Scotsman Media Group’s Pennysaver business prompted the company stop publishing the weekly newspapers March 10 and cut about one-third of its workforce as a result. The downturn began in December and continued through February, Scotsman President William Veit says. The company considered a major overhaul of the

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