In his May 4, 2012 Forbes column, John W. Rogers, Jr., Founder and Chief Investment Officer of Ariel Investments, LLC, writes, “Sports is in the sweet spot of transformative technology and media that have made these pastimes even more ubiquitous and entertaining. And more lucrative.”
The Ariel/Aon Hewitt study, 401(k) Plans in Living Color II, examined the defined contribution plans of 60 large U.S. organizations, representing 2.4 million employees. The results reveal retirement plans of African-Americans and Hispanics were hit especially hard during the Great Recession. Key recommendations are outlined for policy makers and employers to help minority workers adequately prepare for retirement.