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HR/BENEFITS - Nov 21, 2009
Word of the Year Has 'Lex-Appeal'

November 21, 2009 (PLANSPONSOR.com) – There’s something decidedly unfriendly about the New Oxford American Dictionary's 2009 Word of the Year. 

HR/BENEFITS - Nov 21, 2009
Top Companies Prize, Build Leadership

November 21, 2009 (PLANSPONSOR.com) – Guess what distinguishing characteristic sets “Global Top Companies” apart?    

FINANCE - Nov 21, 2009
MOSERS May Sue Over Future Investment Losses, Limit Staff Bonuses

November 21, 2009 (PLANSPONSOR.com) - Trustees of the $6.8 billion Missouri State Retirement System (MOSERS) have voted to consider lawsuits seeking damages if they suffer future investment losses. 

RULES/REGS - Nov 21, 2009
GAO Report Examines Executive Comp Practices at Firms with Underfunded Pensions

November 20, 2009 (PLANSPONSOR.com) – A new report from the Government Accountability Office (GAO) has some legislators talking about freezing executive compensation at firms that have “significantly underfunded” pension plans. 

FINANCE - Nov 20, 2009
CalPERS Head Calls for Tougher Placement Agent Law

November 20, 2009 (PLANSPONSOR.com) – The head of the California Public Employees’ Retirement System (CalPERS) Board of Administration has directed staff members of the giant pension fund to push for a new tougher state law governing private placement agents.

HR/BENEFITS - Nov 20, 2009
Wash. State Poll Finds Delayed Retirement Intentions

November 20, 2009 (PLANSPONSOR.com) - More than 60% of Puget Sound-area residents in the state of Washington say they have delayed or plan to delay their retirement beyond their ideal age.

PRODUCTS - Nov 20, 2009
Transamerica Introduces New Mutual Fund Platform

November 20, 2009 (PLANSPONSOR.com) - Transamerica Retirement Services has introduced a new mutual fund platform for retirement plans that includes target maturity funds from three fund families, and has no proprietary fund requirements.

FINANCE - Nov 20, 2009
Ohio AG Sues Rating Agencies

November 20, 2009 (PLANSPONSOR.com) - Ohio Attorney General Richard Cordray has filed a lawsuit against Standard & Poor’s, Moody’s, and Fitch for "providing unjustified and inflated ratings of mortgage-backed securities in exchange for lucrative fees from securities issuers."

RULES/REGS - Nov 20, 2009
NY High Court Upholds Benefits Rights for Same-sex Married Couples

November 20, 2009 (PLANSPONSOR.com) - New York's top court on Thursday rejected a Christian legal group's challenge to the provision of public employee benefits to same-sex couples legally married elsewhere.

FINANCE - Nov 20, 2009
Oregon Settles with Oppenheimer on 529 Plan Losses

November 20, 2009 (PLANSPONSOR.com) - The state of Oregon has reached a $20-million settlement with MassMutual Financial Group's OppenheimerFunds Inc. of losses in a bond fund in the state's 529 college-savings plan.

FINANCE - Nov 20, 2009
MOSERS Boosted by $600M in Q3

November 20, 2009 (PLANSPONSOR.com) - The Missouri State Employees' Retirement System (MOSERS) recorded an overall 10.4% return for the quarter ending September 30.

HR/BENEFITS - Nov 20, 2009
Changing U.S. Workforce More Productive in Bad Economy

November 20, 2009 (PLANSPONSOR.com) – A new study from PricewaterhouseCoopers (PwC) Saratoga about the state of personnel management among U.S. employers found the recession has given companies a more productive employee base as workers do more with fewer resources.

PRODUCTS - Nov 20, 2009
Former AIG Investment Advisory Biz Rebrands

November 20, 2009 (PLANSPONSOR.com) - PineBridge Investments is the new brand name of the asset management and investment advisory business that is being sold by American International Group, Inc. (AIG).

HR/BENEFITS - Nov 20, 2009
House Committee Approves Fed Employee Same-Sex Partner Benefits

November 20, 2009 (PLANSPONSOR.com) - After a heated debate over gay rights and extending benefits in an economic downturn, the U.S. House Oversight and Government Reform Committee on Wednesday passed 23 to 12 legislation that would provide health care and other employment benefits to the same-sex domestic partners of federal employees, Govexec.com reports.

FINANCE - Nov 20, 2009
Monster Employees Seek Stock Drop Suit Settlement OK

November 20, 2009 (PLANSPONSOR.com) – A group of 401(k) participants has hammered out a $4.25 million out-of-court settlement of a stock-drop lawsuit against their employer Monster Worldwide Inc. and is now seeking court approval of the agreement.

RULES/REGS - Nov 19, 2009
Boehner Slams Obama Administration for Advice Move

November 19, 2009 (PLANSPONSOR.com) - House Republican Leader John Boehner (R-Ohio) today blasted the decision by the Obama Administration to withdraw the final regulations on investment advice.

PEOPLE - Nov 19, 2009
Bello Tapped for New Role in ING's Intermediary Corporate Markets

November 19, 2009 (PLANSPONSOR.com) - Pat Bello, formerly head of Mid Market Sales and Business Development for ING U.S. Retirement Services, has been selected to lead the northeast sales region for ING's Intermediary Corporate Markets. 

HR/BENEFITS - Nov 19, 2009
Hitting the Road for Thanksgiving?

November 20, 2009 (PLANSPONSOR.com) – If you’re hitting the road for Thanksgiving – and you’re in, or heading for the Northeast - you might want to leave a little early. 

PRODUCTS - Nov 19, 2009
DATAIR Releases PPA Windows Valuation System for Defined Benefit Plans

November 19, 2009 (PLANSPONSOR.com) - DATAIR has announced the latest release of its DB System, described as the “next-generation Defined Benefit software for proposals, compliance testing, valuation and administration”.  

MARKETS - Nov 19, 2009
International Equities Continue to Win over Domestic Equities

November 19, 2009 (PLANSPONSOR.com) - For the third consecutive month, investors deposited a $40 billion-plus amount into bond funds, bringing year-to-date bond fund flow volumes to an enormous $330 billion, according to data from Strategic Insight, an Asset International company.

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