VENTURE CAPITAL POST

U.S workers are losing at least $24 billion in retirement plan contributions each year by failing to take full advantage of company matches, according to recent research by 401(k) adviser Financial Engines.

A fast-growing segment of U.S. retirement plans is using hedge-fund type strategies to bet a small but increasing slice of their assets.

Monday marks the sixth anniversary of the bankruptcy filing of Lehman Brothers, a key event in the Wall Street meltdown that led to the Great Recession. The recession wreaked havoc on the retirement plans of millions of Americans, and two studies released last week suggest that most of us haven't recovered well.

Rackspace Hosting Inc's Co-Founder Graham Weston flew to San Francisco to meet with investors and reassure them about the state of the company after its CEO announced his abrupt retirement, Bloomberg reported.

J. Michael Evans, Vice President for Goldman Sachs for emerging markets, is set to retire by this December.

Norilisk CEO Potanin, who purchased stock at the collapse of the Soviet Union, intends to make the mining firm's management world class.

SAC Energy portfolio manager Nick Tiller would retire from his post after 12 years of service, said a Bloomberg report.

Capitec Bank Holdings Ltd. announced in a regulatory filing that Gerrie Fourie would be Riaan Stassen's successor for the chief executive post after the latter's retirement by the end of this year.

Kevin Burke, the long time CEO and Chairman of Consolidated Edison, announced his retirement from the firm by the end of 2013.

In her Reuters column, Allison Schrager asked a question that had continued to remain unanswered: How should people actually spend their retirement money?

The news media report on Volkswagen CEO's retirement was dismissed in another news report.

Tracy McGrady hangs up his sneakers after 16 years in the NBA.

Marion Bartoli, the latest winner of Wimbledon, recently announced her retirement from the game.

Lululemon Chief Executive Officer Christine Day is said to depart from the retail company after recent departure of the firm's chief product officer.