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BlackRock , the largest asset manager, has launched a new product to help workers their retirement savings into a regular income stream that mimics the paycheck they receive during their working years. "We're talking about a revolution in retirement," BlackRock CEO Larry Fink wrote of LifePath Paycheck in his recent annual letter to investors. While they receive that income, the rest of their retirement savings may continue to grow. A recent BlackRock survey found 60% of employees worry they may outlive their retirement savings. For now, the LifePath product is limited to plans offered through employers.
Persons: Larry Fink, Anne Ackerley Organizations: BlackRock, Finance, Security, Transamerica Center, Retirement Locations: BlackRock, New York
2014: They moved in with a bunch of other roommates and kept their relationship a secret at the onset. Tom Ackerley and Margot Robbie at a Rangers game in November 2014. After an enjoyable night, Robbie suggested that they should all live together. Robbie and Ackerley began dating that year. Robbie said that their friends were concerned that the relationship would "ruin our group."
Persons: Tom Ackerley, Margot Robbie, James Devaney, Robbie, Ackerley, Sophia Kerr, we're, Jerry Springer Organizations: Rangers, Guardian Locations: London
CNN —America Ferrera, who was honored with the SeeHer Award at Sunday’s Critics Choice Awards, used her speech to inspire others. Ferrera starred as Gloria in “Barbie.” Her character delivered a memorable movie monologue about the challenges of being a woman, and she was introduced by her “Barbie” co-star Margot Robbie. Ferrera began by thanking the Critics Choice Association. “Truly, your voices shape how people think about and value the stories we tell. “Receiving the SeeHer Award for my contributions to more authentic portrayals of women and girls — could it be more meaningful to me?
Persons: America Ferrera, Ferrera, Gloria, “ Barbie, , Barbie ”, Margot Robbie, , I’m, ” Ferrera, Betty ”, Ariana Greenblatt, ” Jenna Ortega, Selena Gomez, Robbie, Greta Gerwig, Noah Baumbach, Tom Ackerley, David Heyman, Ryan Gosling —, Organizations: CNN, America, Choice, , Latina Locations: Honduran
England & Wales Cricket Board apologises over racism and sexism
  + stars: | 2023-06-26 | by ( ) www.reuters.com   time to read: +2 min
June 26 (Reuters) - (This June 26 story has been refiled to fix the spelling of 'apologises' in the headline)The England and Wales Cricket Board (ECB) on Monday apologised "unreservedly" to those who faced discrimination in the game after the Independent Commission for Equity in Cricket (ICEC) released a report finding evidence of racism across the sport. The report found the cricket boards had failed to prevent "structural and institutional racism, sexism and class-based discrimination", and the ECB acknowledged the need for change. "Cricket should be a game for everyone, and we know that this has not always been the case. Powerful conclusions within the report also highlight that for too long women and Black people were neglected. Reporting by Pearl Josephine Nazare in Bengaluru; additional reporting by Angelica Medina Editing by Christian RadnedgeOur Standards: The Thomson Reuters Trust Principles.
Persons: Richard Thompson, Thompson, Clare Connor, Zahida Manzoor, Pete Ackerley, Ebony Rainford, Brent, Ron Kalifa, Richard Gould, Caroline Dinenage, Pearl Josephine Nazare, Angelica Medina, Christian Radnedge Organizations: Wales Cricket Board, Independent Commission, Equity, Cricket, ECB, Media, Sport, Thomson Locations: England, Bengaluru
The nation's youngest workers appear to be taking the save-for-retirement message to heart, research suggests. Defined as workers ages 18 to 25, Generation Z is saving an average of 14% of their income for their golden years, according to new study from BlackRock. Among millennials (ages 26-42), Gen Xers (ages 43-55) and baby boomers (ages 56-75), the average is 12%. However, the overall share of workers across all ages who think they're on track with their retirement savings has fallen to 63% from 68% in 2021, the research shows. Retirement plan sponsors' confidence also is down: 58% say their employees are on the right path, compared with 63% last year.
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