Omega Healthcare Investors’ first-quarter financial performance resulted in “higher-than-expected interest income as well as earlier-than-anticipated cash payments received related to a turnaround...
20 percent of 50+ Americans lack retirement savings: AARP
By
Kathleen Steele Gaivin
Apr 26, 2024
Twenty percent of Americans aged 50 or more years have no retirement savings, and more than 50% worry they will not have enough money to support themselves in retirement. That’s according to a recent...
Noncompete agreement ban faces first legal challenge
By
Kathleen Steele Gaivin
Apr 25, 2024
Less than 24 hours after the Federal Trade Commission issued a final rule Tuesday that will prohibit employers across the country from using noncompete agreements in most instances, the rule faces its...
Perkins Eastman is newest resource partner for university retirement community website
By
Kathleen Steele Gaivin
Apr 18, 2024
Perkins Eastman has signed on as a resource partner with UniversityRetirementCommunities.com.
Want to keep employees? Offer a pension instead of a 401(k)
By
Kathleen Steele Gaivin
Apr 01, 2024
One way to entice employees to stay may be to offer them a pension instead of a hybrid retirement plan that is part pension and part 401(k), suggests a new report from the nonprofit National Institute...
Advocates celebrate joint employer ruling while potential appeal, contrary order await
By
Kathleen Steele Gaivin
Mar 12, 2024
Long-term care industry advocates are celebrating after a federal judge on Friday vacated the National Labor Relations Board’s joint employer rule, which had been set to go into effect Monday. Attorneys,...
Occupancy higher at entrance fee CCRCs compared with rental CCRCs
By
Kathleen Steele Gaivin
Mar 01, 2024
The occupancy rate for entrance fee continuing care retirement / life plan communities was greater than 90% in the fourth quarter of 2023, according to Omar Zahraoui, principal at the National Investment...
Fed ‘may have gone too far’ with rapid interest rate increases, expert says
By
Kathleen Steele Gaivin
Jun 14, 2023
A risk exists that the Federal Reserve “may have gone too far” with rapid interest rate increases over the past 14 months or so “and won’t know until they’ve gone farther,” Mary Ludgin, senior...
2022 investments so far top all of 2021, LTC Properties CEO says
By
Kathleen Steele Gaivin
Aug 01, 2022
Westlake Village, CA-based LTC Properties has invested $10 million in senior housing and care properties this year, which is more than its investments for all of last year, Chairman and CEO Wendy Simpson...
59 percent of older adults say they didn’t save enough money for retirement: study
By
Kathleen Steele Gaivin
Feb 20, 2024
More than half of the retirees participating in a new survey said they regret not saving as much as they should have for retirement.