News from PFEEF
 
April 9, 2009
 
 
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Senior Finance Executives Overwhelmingly Support Quality Workplace Financial Programs
A survey of 87% of senior finance executives surveyed by CFO Research Services and Charles Schwab agree that "understanding individual debt management" is properly a primary responsibility of the EMPLOYER! 9% think it is a shared responsibility between employee and the company and only 2% think is is solely the employee's role. Defined Contribution Insights, March/April 2009, pp 4-7.
BEST QUOTE
"Too many Americans following the bad example of their government - spending more money than they make and charging even more" says David Walker, former comptroller general." 
Employment Benefit News
, February 2009, pg 40 
NUMBERS -Consumers Fall Behind on Loans at Record Rate
A record 4.2% of consumer loans were delinquent at least 30 days in the fourth quarter, the latest data available, according to the Federal Reserve. Another 4% of consumer loans were in default, meaning they'd been written off by lenders.
 
RESEARCH: Gallup-Healthways Daily Well-Being Index 
The Gallup-Healthways Well-Being Index has, since January 2008, tracked Americans' collective well-being on a daily basis of 1,000 adults, and will do so for the next 24 years.The worst of the six sub-indexes (life evaluation, healthy behaviors, work environment, physical health, emotional health and access to basic necessities) is life evaluation (well-being), reflecting these economic times. Click here
                                      "Featured Partner - Best Provider "
   
Financial Soundings is a registered investment advisor focused on proactively delivering retirement plan investment direction to employees of all types of corporations.  By incorporating their Retirement Planning Insights program as a feature of the plan, every employee of an organization, whether participating in the retirement plan or not, receives a personalized report outlining their current investment strategy, an analysis of whether the person is on track to meet their retirment goals, suggestions on how to improve their likelihood of success in reaching their goals, and specific fund level advice on how to allocate their assets to more effectively utilize the plan to meet their objectives. 

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