Coalition Urges Labor Department to Protect Retirees’ Nest Eggs

Public interest groups have joined forces in a coalition to prod the U.S. Department of Labor to revise rules requiring financial advisers to act in their clients’ best interests when offering retirement investment advice. SaveOurRetirement.com, a website created by the coalition, is urging the Labor Department to update the so-called fiduciary rule. Without that safeguard, advisers to retirement plans could sell financial products that pay large commissions yet hurt their clients with unnecessary fees, poor returns or excessive risks, the coalition said. Enter for …

Fewer Struggle With Medical Costs as Obamacare Expands Coverage

WASHINGTON (AP) — Not only do more Americans have health insurance, but the number struggling with medical costs has dropped since President Barack Obama’s health care law expanded coverage, according to a study released Thursday. The Commonwealth Fund’s biennial health insurance survey found that the share of U.S. adults who did not get needed care because of cost dropped from 43 percent in 2012 to 36 percent last year, as the health care law’s main coverage expansion went into full …

Weak Flu Shot Adds to Woes for Those 65-Plus

It’s already a bad flu season for those age 65-plus and now there’s more bad news: This season’s flu shot will only cut your chances of getting sick by 23 percent, compared to the more typical 60 percent in previous years, according to the Centers for Disease Control and Prevention (CDC). Federal health officials said this year’s figure is nearly the lowest the agency has seen during the decade or so since it began tracking annual vaccine effectiveness, the Washington …

Job Gains for the 55-Plus: Not Too Shabby

Employers capped a year of solid hiring by adding 252,000 jobs to the economy in December — and older workers welcomed those gains. The national unemployment rate for people 55-plus dipped by 0.6 percent to 3.9 percent last month, a bigger monthly decline than the rate for workers overall, according to the Bureau of Labor Statistics. Better still, workers 55 and older saw their jobless rate fall over the past year from 5.1 percent in December 2013. Older women seemed …

Rod Taylor: The Aussie Actor Who Hit It Big in ‘The Birds’

You might remember Rod Taylor as Mitch Brenner, the handsome, stolid lawyer who, despite being something of a mama’s boy, summons up the courage and presence of mind to repeatedly rescue young socialite Melanie Daniels (Tippi Hedren) from flocks of inexplicably murderous avians in Alfred Hitchcock’s 1963 horror-suspense classic, The Birds. Taylor, who died Jan. 7 at age 84 in Los Angeles, was one of the first Australian-born actors to make it big in Hollywood, following in the footsteps of …