COLUMBUS, Ohio--(BUSINESS WIRE)--

While facing the prospect of living more years in retirement, women nearing retirement underestimate how much they will need to pay for their future health care costs even more so than men nearing retirement, according to a Nationwide Financial survey released today.

According to the survey conducted by Harris Interactive of 1,250 Americans with at least $250,000 in household assets, women close to retirement estimate they will spend $4,624 each year on health care beyond what Medicare covers. Thats 21 percent less than the $5,882 men nearing retirement estimate they will spend each year on things like premiums, copayments and deductibles. However, both are way off. A 2012 study found a 65-year-old couple retiring today would need $240,000 to cover medical expenses during their retirement years and that doesnt include long-term care costs. 1

The fact is women live longer than men, which means they will spend more time in retirement and that places women at a greater risk of outliving their retirement assets, said John Carter, president of sales and distribution for Nationwide Financial. It also may increase their chances of incurring long-term care costs during their golden years. Thats why its especially important for women to plan for health care costs in retirement.

According to the survey, nearly half of both women and men say they are terrified of what health care costs may do to their retirement plans. Yet, women respondents nearing retirement are much more likely than men respondents to say they have not estimated:

On average, women estimate that Medicare will cover 65 percent of their annual health care costs. But, similar to men respondents, when asked how they came to this percentage, 85 percent either guessed or did not know. Only 2 percent said they were told this by a financial advisor.

Women are also slightly more likely than men to say they are somewhat unconfident to not at all confident in their plan to live comfortably in their retirement years (46 percent vs. 39 percent men).

Opportunity for advisors

While 65 percent of women have discussed their retirement with a financial advisor of those who have, only one in 10 talked about how much they should expect to pay in health care costs apart from Medicare (compared to one in four men).

Of those who have discussed retirement with a financial advisor, 77 percent of women say they were helpful to very helpful estimating health care costs in retirement (63 percent men) and a whopping 86 percent say they were helpful to very helpful discussing the role Medicare will play in their retirement (52 percent men).

Read more here:
Women Nearing Retirement Underestimate Future Health Care Costs More Than Men

SANDPOINT, Idaho, and LUGANO, Switzerland, July 31, 2012 /PRNewswire/ -- Thorne Research, Inc., a leader in developing and manufacturing pure, high quality nutritional supplements and personal care products marketed through medical professionals, and Helsinn, a rapidly growing pharmaceutical group based in Lugano, Switzerland, today announced the launch of the OncoQOL product line a portfolio of 13 nutritional supplements intended to support the unique nutritional needs of patients undergoing cancer treatment. The OncoQOL portfolio also includes the DermaQOL product line, with nine personal care products specially formulated to support the skin-care and hair-care needs of patients undergoing cancer treatment. DermaQOL products are manufactured using only high-quality, certified organic ingredients. OncoQOL products, including the DermaQOL product line, are available only through oncologists and other medical professionals in the United States and Canada.

Treatment for cancer often results in nutritionally related undesirable effects, such as weight loss, fatigue, diarrhea, and highly sensitive nerves and skin. The OncoQOL product line is designed to help patients address these and other similar conditions which can deteriorate their quality of life and adversely affect compliance in fully completing their course of treatment.

"For many cancer patients the side effects of treatment have a significant impact on their health and quality of life, often making it difficult for them to continue with their therapy. Our products are designed to meet the unique needs of these patients and are manufactured with the essential levels of purity and consistency that are so important for this population," said Sreenivas Rao, MD, president, OncoQOL.

OncoQOL nutritional supplement products are manufactured using pure, hypoallergenic, highly-absorbable nutrients. All products undergo extensive quality control testing during every phase of the manufacturing process. Although some of their active ingredients have been clinically shown to provide important benefits to cancer patients, OncoQOL products are not intended to treat specific diseases and should not be considered as adjuncts to disease treatment.

Three of the nutritional supplements in the OncoQOL portfolio are: DaxibeQOL, a blend of branched-chain and other essential amino acids known to possibly promote anabolism, weight gain, lean muscle mass, and muscle strength; NutraQOL, a wheat germ extract that may reduce fatigue and helps improve social, physical, and emotional wellbeing; and MucosaQOL, which contains L-glutamine, an amino acid helpful to support healthy mucous membranes of the mouth and GI tract.

"In our practice we see firsthand the challenges that patients face in managing the side effects of chemotherapy and trying to optimize their overall health and diet during treatment. A high fraction of patients take nutritional supplements during therapy, but many commercially available supplements are not designed for people with cancer. Selecting products and managing combinations of supplements is very confusing to patients, and many interact negatively and unpredictably with their cancer treatment. OncoQOL has prepared pure, high quality products designed with our patients' specific needs in mind which reduces the confusion and apprehension of using supportive care products as part of the treatment program,"said Lawrence Piro, MD, president and chief operating officer of The Angeles Clinic and Research Institute in Santa Monica, California.

DermaQOL personal care products are manufactured without the use of plasticizers, foaming agents, and preservatives found in many personal care product brands. Three of the products in the DermaQOL portfolio are: DermaQOL Lotion, a silicone-free and sulfate-free blend of unscented organic emollients to hydrate dry, rough skin; DermaQOL Shower Gel, an all-body wash and shampoo specially formulated for sensitive skin; and DermaQOL Cooling Aloe Spray, a moisturizer that provides cooling relief for irritated skin.

"Living with cancer creates many challenges, and treatment can now extend over years. In order to avoid negative interactions, cancer patients should choose products formulated with their needs in mind," said Mary Hardy, MD, medical director, Simms/Mann-UCLA Center for Integrative Oncology.

Patients can access the full range of OncoQOL nutritional supplements and DermaQOL personal care products directly from their physician. Thus far, more than 100 cancer specialists and other health-care providers have signed up to provide these products to their patients.

"OncoQOL represents a huge step forward in helping patients undergoing cancer treatment and their families obtain reliable access to products and information that empowers them to become more proactive in their health challenge. By providing targeted dietary supplements that the consumer and the physician can rely on, OncoQOL is filling a huge void in the cancer supportive care marketplace," said James B. LaValle, RPh, chief executive officer of Integrative Health Resources, LLC, and chair of OncoQOL's Science Advisory Board.

See original here:
Thorne Research, Inc., And Helsinn Healthcare SA Announce OncoQOL™ - A Joint Effort To Provide Nutritional Supplements ...

Looking at the data, U.S. consumer spending was unchanged for July, while consumer confidence rose unexpectedly. To add another layer of complexity, personal income ticked higher in July.

So, Americans didnt spend the extra money they earned even as they grew more confident about the state of economy.

But whatever consumers say or do, investors are betting on the consumer sector. It has outperformed broad U.S. equities year-to-date, and flows to ETFs canvassing the sector have exceeded $600 million for 2012.

But picking the right ETF is anything but easy, as well see.

Just look at the year-to-date performance spread of the top four funds by assets.

The top-performing fund shown in dark blue, the iShares Dow Jones U.S. Consumer Services Index Fund (IYC) has outpaced the laggard shown in light blue, the First Trust Consumer Discretionary AlphaDex Fund (FXD) by more than 10 percentage points in just seven months.

Also note the performance of these four funds relative to the S'P 500, shown in red, as represented by the SPDR S'P 500 (SPY). Three of the four have beaten SPY so far this year quite handily, while FXD lagged.

This means that choosing among the top ETFs in the space is just as critical as the decision to overweight or underweight the sector in the first place.

Performance Drivers

More:
Consumer Sector ETFs: Buyer Beware

By Alecko Eskandarian, Special to SI.com

Hope Solo (above) took aim at Brandi Chastain with a series of tweets that have taken the spotlight off Team USA's success.

AP

Hope Solo gets people talking.

On the field, she's the greatest U.S. women's goalkeeper of all time. Off it, she's arguably the most outspoken American player ever.

As the U.S. women's soccer team chases its third consecutive Olympic gold medal -- buoyed by impressive Olympics victories over France, Colombia and North Korea in the opening round -- the majority of the attention has been on Solo's Twitter rant aimed towards NBC broadcaster (and former U.S. women's national team star) Brandi Chastain.

Instead of a positive buzz for the women's team heading into the quarterfinals, it has now largely been overshadowed by the public debate of whether you are on #TeamSolo or #TeamChastain.

Chastain's comments, the ones that presumably irked Solo following the U.S.' 3-0 victory over Colombia on Saturday, weren't overly critical and were primarily aimed at U.S. defender Rachel Buehler.

"Rachel Buehler with the giveaway there," Chastain noted in the match's 22nd minute. "As a defender, your responsibilities are defend, win the ball, and then keep possession, and that's something Rachel Buehler needs to improve on during this tournament."

Though Solo's comments (see her postgame Tweets above) were aimed at Chastain's abilities in the booth, one can't help but read into the "the game has changed from a decade ago" tweet without thinking there's more to this than just commentary.

Read the rest here:
Solo, Chastain feud obscures U.S. team's success entering medal round

LONDON (AP) -- What are they on? Or are they?

When Chinese swimmers started blowing rivals out of the water in London's Olympic pool, whispers quickly followed. Is China cheating the sport again, as it did in the 1990s, when drug-fueled, muscle-bound swimmers emerged from nowhere to beat the world? Alain Bernard, the 2008 Olympic freestyle champion from France, was among those who wondered.

"I'm for clean sport, without doping, and I truly hope the authorities in charge of this are doing their job in good conscience and really well," he said. "Unfortunately, I want to say that there is no smoke without fire. But today there is no proof to show that any Chinese has tested positive in this competition."

At a briefing Monday in London, reporters peppered Arne Ljungqvist, the International Olympic Committee's medical commission chairman, with questions about Ye Shiwen, China's 16-year-old swimming sensation. Ljungqvist said "it is very sad that an unexpected performance be surrounded by suspicions." "Suspicion is halfway an accusation that something is wrong," Ljungqvist said. "I don't like that. I would rather have facts."

Unlike the 1990s, however, there are plausible explanations this time for why China is the swimming phenomenon of the 2012 Games.

For example, Ye's astounding world record in the 400 medley, when she swam the last 50 meters faster than American Ryan Lochte did in winning the equivalent men's race, isn't solely attributable to her large hands and feet. It also is at least partly because China, which has grown to become the world's second-largest economy, now throws big checks at some of swimming's sharpest minds. China has turned to foreign trainers to get their coaching programs, expertise and methods, not only to hone its swimming stars but to make them more rounded and relaxed, too. The idea is that happy swimmers are fast swimmers.

Ye has trained in Australia with two well-recognized coaches, Ken Wood and Denis Cotterell. Wood has had a contract with the Chinese Swimming Association since 2008, and 15 of China's swimmers in London, plus five of its relay swimmers, have trained at his academy north of Brisbane, rotating through in groups for a couple of months at a time, he told The Associated Press in a phone interview.

"I get paid per month, per swimmer four times more than I do with my home swimmers," Wood said from Australia after Ye qualified comfortably fastest Monday in the 200 medley heats. China pays him bonuses for Olympic gold and for swimmers' personal bests, and he also got a bonus for Ye's 200 medley world championship win in 2011.

"China is putting a lot of money into its program and I am only too happy to work with them," he said. "The whole Chinese philosophy is that they want to be the best they can."

Not only is training overseas exposing Chinese swimmers to more sophisticated coaching, it is teaching them about life and the wider world. In Australia, they and their coaches are learning to let their hair down a bit and about themselves. For a seasoned observer of China and its state-run sport system, the worldlier Chinese swimmers performing so well in London are truly a new breed. These aren't the automatons of old, with monosyllabic stock responses about how grateful they are to their motherland and seemingly so ignorant of life outside China's government-funded medal factories with their grind of training and yet more training far from family and friends.

See the article here:
Chinese success raising suspicions of doping

What are they on? Or are they?

When Chinese swimmers started blowing rivals out of the water in London's Olympic pool, whispers quickly followed. Is China cheating the sport again, as it did in the 1990s, when drug-fueled, muscle-bound swimmers emerged from nowhere to beat the world? Alain Bernard, the 2008 Olympic freestyle champion from France, was among those who wondered.

"I'm for clean sport, without doping, and I truly hope the authorities in charge of this are doing their job in good conscience and really well," he said. "Unfortunately, I want to say that there is no smoke without fire. But today there is no proof to show that any Chinese has tested positive in this competition."

At a briefing Monday in London, reporters peppered Arne Ljungqvist, the International Olympic Committee's medical commission chairman, with questions about Ye Shiwen, China's 16-year-old swimming sensation. Ljungqvist said "it is very sad that an unexpected performance be surrounded by suspicions."

"Suspicion is halfway an accusation that something is wrong," Ljungqvist said. "I don't like that. I would rather have facts."

Unlike the 1990s, however, there are plausible explanations this time for why China is the swimming phenomenon of the 2012 Games.

For example, Ye's astounding world record in the 400 medley, when she swam the last 50 meters faster than American Ryan Lochte did in winning the equivalent men's race, isn't solely attributable to her large hands and feet. It also is at least partly because China, which has grown to become the world's second-largest economy, now throws big checks at some of swimming's sharpest minds. China has turned to foreign trainers to get their coaching programs, expertise and methods, not only to hone its swimming stars but to make them more rounded and relaxed, too. The idea is that happy swimmers are fast swimmers.

Ye has trained in Australia with two well-recognized coaches, Ken Wood and Denis Cotterell. Wood has had a contract with the Chinese Swimming Association since 2008, and 15 of China's swimmers in London, plus five of its relay swimmers, have trained at his academy north of Brisbane, rotating through in groups for a couple of months at a time, he told The Associated Press in a phone interview.

"I get paid per month, per swimmer four times more than I do with my home swimmers," Wood said from Australia after Ye qualified comfortably fastest Monday in the 200 medley heats. China pays him bonuses for Olympic gold and for swimmers' personal bests, and he also got a bonus for Ye's 200 medley world championship win in 2011.

"China is putting a lot of money into its program and I am only too happy to work with them," he said. "The whole Chinese philosophy is that they want to be the best they can."

More:
What's up With China's Swimming Success?

CLEVELAND--(BUSINESS WIRE)--

The Lubrizol Corporation announces that it has completed the acquisition of Lipotec SA, a leader in the development, manufacturing and sale of personal care ingredients based on three core technologies: peptide-based active cosmetic ingredients, delivery systems and biotechnology products. This purchase includes Lipotecs cosmetic active ingredients business and its subsidiaries, Diverdrugs and Lipofoods. The transaction was announced on June 20, 2012.

The addition of Lipotec complements Lubrizols global personal care ingredients business, strengthening its offering of high-performance technology solutions to marketers of formulated skin care products. Furthermore, it illustrates Lubrizols commitment to provide a broad product portfolio, new technology and applications expertise that enhance its ability to make customers successful through expanded access to innovative ingredients.

With the close of this transaction, Lipotec is now part of Lubrizol Advanced Materials, with Lipotec, Diverdrugs and Lipofoods retaining their respective names. The previous owners will continue their activities in the pharmaceutical and cosmetic finished goods segments through BCN Peptides, GP Pharm and Prima-Derm which are not part of the transaction. Financial terms of the agreement were not disclosed.

About The Lubrizol Corporation

The Lubrizol Corporation, a Berkshire Hathaway company, is an innovative specialty chemical company that produces and supplies technologies to customers in the global transportation, industrial and consumer markets. These technologies include lubricant additives for engine oils, other transportation-related fluids and industrial lubricants, as well as fuel additives for gasoline and diesel fuel. In addition, Lubrizol makes ingredients and additives for personal care products and pharmaceuticals; specialty materials, including plastics technology and performance coatings in the form of specialty resins and additives. Lubrizols industry-leading technologies in additives, ingredients and compounds enhance the quality, performance and value of customers products, while reducing their environmental impact.

With headquarters in Wickliffe, Ohio, The Lubrizol Corporation owns and operates manufacturing facilities in 17 countries, as well as sales and technical offices around the world. Founded in 1928, Lubrizol has approximately 7,000 employees worldwide. Revenues for 2011 were $6.1billion. For more information, visit http://www.lubrizol.com.

Originally posted here:
Lubrizol Completes Acquisition of Lipotec

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--

Bisnar | Chase Personal Injury Attorneys, LLP of Newport Beach, California (www.BestAttorney.com) has been named one of the Best Places to Work by Orange County Business Journal and Best Companies Group.

Companies making the Best Places to Work list are evaluated, scored and ranked on workplace policies, practices, philosophies and systems, as well as the results of a comprehensive employee survey that gauges opinions about leadership and planning, corporate culture and communications, role satisfaction, work environment, supervisor relationship, training and development, pay and benefits and overall engagement.

Based on these criteria, Orange County companies making the list are recognized as most successful in creating and maintaining workplace excellence.

Bisnar | Chase will be featured in the October 2012 Best Places to Work issue of the Orange County Business Journal along with other small, medium and large-sized organizations making the list.

Were extremely honored to be named a Best Places to Work company in Orange County, said John Bisnar, founder of Bisnar | Chase. This award is a tribute to the talent and efforts of our administrator, Shannon Barker and our team leaders, Nicole Michau, Marta De La Torre, Ned Spilsbury and Chris Foerster. Were very proud of them. This award is especially meaningful coming from the Orange County Business Journal and Best Companies Group two highly respected, industry-leading organizations.

Since 1978, Bisnar | Chase has obtained hundreds of millions of dollars in judgments and settlements for thousands of personal injury clients who have been catastrophically injured or lost a loved one due to car accidents, negligence or defective products such as automotive defects.

The firm is particularly proud of its commitment to helping dozens of charitable organizations, including MADD, Second Harvest Food Bank, The Boys & Girls Club, Adopt A Family, American Legion, Kristies Foundation, Avon Walk for Breast Cancer and AIDS/LifeCycle Trek, among others.

For more information about the Best Places to Work program in Orange County, visit http://www.BestPlacestoWorkOC.com. For more information about Bisnar | Chase, visit http://www.BestAttorney.com.

About Bisnar | Chase Personal Injury Attorneys, LLP

Originally posted here:
Bisnar | Chase Personal Injury Attorneys Named One of the Best Places to Work by Orange County Business Journal

The tenth anniversary of the Northwestel Summit Hockey School is now underway with 60 players from across the Yukon participating in the camp.

The school focuses on both on and off skills and player and personal development.

Taking place at the Canada Games Centre the school will also including swimming, off ice games and skill work, Aboriginal games, on ice skill work and games and guest speakers.

Newly signed Detroit Redwing Jordin Tootoo of Rankin Inlet, NWT will also be on hand to work with the young athletes.

Also returning to the school will be Danny Flynn and Brian Kozak.

Flynn, currently the head coach of the Moncton Wildcats of the Quebec Major Junior Hockey League (QMJHL), served as an assistant with the N.Y. Islanders in 2007.

Hes renowned in hockey circles across the county for his ability to break down the game.

Hes the all-time winningest coach in Wildcats history and led St. Francis Xavier University to three CIS National Finals, where he won the championship in 2004.

Kozak is the camps leader when it comes to the off-ice training.

He holds an Aboriginal teaching degree from Queens University and has had several notable students during his training and mentoring career including Mike Richards, who won the Stanley Cup this past season with the L.A. Kings.

Read more here:
Annual Northwestel Summit Hockey School now underway

The benefits of practising yoga are all but universally accepted it increases strength and flexibility, centres breathing, and reduces stress. But, like any form of exercise, it does come with certain risks.

Although injuries caused by yoga are not extremely common, they most often occur when a person is not listening to their body, said Simon Cooke, a physiotherapist at Kinsmen Sports Centre Physical Therapy Clinic.

The No. 1 injury well see is the too much too soon type of injury, where people are overly enthusiastic or overestimate what their body can tolerate and dive in with a bit too much vigour, he said.

Muscle strains or tears in the hamstrings are the biggest issue. If a muscle does become strained, Cooke said to lay off it for two to four weeks, and stick to light strengthening exercises and flexibility work.

Youre trying to gain the strength back in the injured tissue and make it as strong as it can be before you start to stretch it and pull it apart again, he said.

Injuries can also take place in the shoulders, knees and back, added Angela Zawada, owner of Moksha Yoga in Glenora.

In vinyasa yoga which connects a series of movements using breath there is a low pushup that causes problems for people who dip their shoulders too much, she said.

Students can also get hurt by over extending themselves performing back bends or failing to align their legs during standing poses.

Here are a few tips Zawada shared for being a safe yogi.

Take it slow: If youre newer to the practice, definitely take it slower. Try to put the Type A personality away and just drop the ego, said Zawada.

Link:
Stay safe while practising yoga