Latest News

FINANCE - July 30, 2010
CFOs More Cautious Due to Financial and Health Care Reform

July 30, 2010 (PLANSPONSOR.com) – Chief Financial Officers are expressing less confidence and more caution, with realizations that the U.S. economy and their own businesses may still be vulnerable, a new survey found.

RULES/REGS - July 30, 2010
DoL Says no Extension to Form 5500 Deadline

July 30, 2010 (PLANSPONSOR.com) - The Department of Labor has decided not to grant a blanket extension for filers of Form 5500 and Form 5500-SF.

RULES/REGS - July 30, 2010
The IRS to Issue a How-To for PRA Funding Relief Elections

July 30, 2010 (PLANSPONSOR.com) – The Internal Revenue Service (IRS) said it will be issuing detailed guidance about the special funding rules for single-employer defined benefit plans in the recent Pension Relief Act of 2010 (PRA).

HR/BENEFITS - July 30, 2010
Flextime Popular in Workplaces

July 30, 2010 (PLANSPONSOR.com) - Most employers surveyed by BLR (88%) offer at least some form of flextime.

FINANCE - July 30, 2010
Less Active Investors Seeking Help

July 30, 2010 (PLANSPONSOR.com) - Fidelity Investments has released research data that finds varying investor reaction and behavior to the ongoing market volatility.

FINANCE - July 30, 2010
MA Pension Program Enjoys 12.8% Return in FY 2010

July 30, 2010 (PLANSPONSOR.com) – The Massachusetts Pension Reserves Investment Management (PRIM) Board announced that its Pension Reserves Investment Trust Fund (PRIT) enjoyed a 12.8%-return for the 2010 fiscal year, growing by $3.6 billion.

HR/BENEFITS - July 30, 2010
South Africans Show Indifference about Pensions

July 30, 2010 (PLANSPONSOR.com) – A survey finds that South African employees don’t know what is happening with their pensions, and many do not care.

FINANCE - July 30, 2010
NY Judge Tosses Some Morris Pay to Play Charges

July 30, 2010 (PLANSPONSOR.com) – While the array of charges against political consultant Hank Morris in a New York state pension pay-to-play case has been pared down, Morris still faces a number of serious allegations.

HR/BENEFITS - July 30, 2010
Compensation Costs up Slightly in 2nd Quarter

July 30, 2010 (PLANSPONSOR.com) - Compensation costs for civilian workers increased 0.5%, seasonally adjusted, for the three-month period ending June 2010, the U.S. Bureau of Labor Statistics reported.

HR/BENEFITS - July 30, 2010
Department Store Fired Jehovah’s Witness for not Wearing Santa Outfit

July 30, 2010 (PLANSPONSOR.com) - The U.S. Equal Employment Opportunity Commission (EEOC) says department store chain Belk, Inc. unlawfully discriminated against an employee by failing to accommodate her religious beliefs and discharging her because of her religion.

PRODUCTS - July 30, 2010
Janus Announces Co-Managed Income Fund

July 30, 2010 (PLANSPONSOR.com) – Janus Capital Group has unveiled the Perkins Value Plus Income Fund (JPVAX).

PEOPLE - July 29, 2010
Greenwich Investment Management Gets New President

July 29, 2010 (PLANSPONSOR.com) - Greenwich Investment Management, Registered Investment Advisors, announced that Lawrence W. Doyle has been appointed President and Chief Operating Officer.

PRODUCTS - July 29, 2010
Administaff Acquires Time and Attendance Solutions Provider

July 29, 2010 (PLANSPONSOR.com) - Administaff, Inc., a provider of human resources services for small and medium-sized businesses, has acquired the assets and operations of Galaxy Technologies, Inc., a privately held company based in Madison, Wisconsin.

HR/BENEFITS - July 29, 2010
HR Managers Wary of Fidgeting Job Candidates

July 29, 2010 (PLANSPONSOR.com) – Job seekers with shifty eyes, reluctant smiles, or fidgety limbs during an interview may be hurting their chances of landing a job.

MARKETS - July 29, 2010
Private Equity Sees Modest Gain in Q1 2010

July 29, 2010 (PLANSPONSOR.com) - For the quarter ended March 31, 2010, the State Street Private Equity Index posted a 2.22% return.

HR/BENEFITS - July 29, 2010
Smaller Firms Fear Health Care Reform Cost Hikes

July 29, 2010 (PLANSPONSOR.com) – Forty-nine percent of employers with 500 or fewer workers forecast significant health care cost hikes in the near future as a result of federal health care reform, according to new Fidelity Investments research.

HR/BENEFITS - July 29, 2010
C-Suite Pay Sees 2010 Rebound

July 29, 2010 (PLANSPONSOR.com) – Compensation for executives at large and midsize U.S. companies is expected to rebound modestly this year following two consecutive years of pay declines, according to a new Towers Watson survey.

HR/BENEFITS - July 29, 2010
NCPA Estimates Unfunded Public Pension Liabilities at $2.5T

July 29, 2010 (PLANSPONSOR.com) - Estimates of the reported unfunded liabilities of state and local governments for pensions and other postemployment benefits total $1.03 trillion, but when these unfunded liabilities are recalculated using a more appropriate discount rate, the total unfunded accrued liability is much higher, according to the National Center for Policy Analysis.

MARKETS - July 29, 2010
Institutional Investment Plan Sponsors See Loss in Q2 2010

July 29, 2010 (PLANSPONSOR.com) - U.S. institutional investment plan sponsors experienced a median loss of 4.7% after four consecutive quarters of positive performance, according to data in the Northern Trust Universe.

PEOPLE - July 29, 2010
Aon Hires Regional Human Capital Practice Leader

July 29, 2010 (PLANSPONSOR.com) - Aon Consulting has announced that Joe Mazzenga has joined the firm as senior vice president and Human Capital Practice leader for the Central West region.

FEATURES

David_Musto

Interview with David Musto


PLANSPONSOR National Conference Interview with David Musto, Managing Director, DC Investment Solutions, J.P. Morgan
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PLANSPONSOR July 2010 Issue

 

Click here to view our July 2010 issue of PLANSPONSOR magazine!

Kerry White

Interview with Kerry White


An interview from the PLANSPONSOR National Conference with Kerry White, Managing Director, Business Strategy and Development, BNY Mellon Asset Servicing
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2010 PLANSPONSOR National Conference

 

Helping you build a better retirement plan 

PLANSPONSOR’s National Conference was better than ever this year!  Check out the photo gallery from this year's sold out event - and stay tuned for updates on the schedule/location for 2011!

 

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Need a Retirement Plan Adviser?

Advisers who have earned the PLANSPONSOR Retirement Professional (PRP) designation have demonstrated the level of experience, expertise, and commitment that can help make your retirement plan live up to its potential.

 

Get connected with the best.   Find a PRP near you here.

Talking Points Podcast

This Week: 403(b) Advice

The Principal's Aaron Friedman discusses opportunities for retirement plan advisers at 403(b) plans.

Kerry White Interview

PLANSPONSOR National Conference interview with Kerry White, Managing Director, Business Strategy & Development, BNY Mellon Asset Servicing

Free Informational Webcast

Pathfinder Search & Benchmarking Services

Find out how PLANSPONSOR's Pathfinder Search & Benchmarking Services can help you.  Register today for a FREE informational webcast:  Tuesday, June 1 at 12:00 pm, Friday, June 18 at 2:00 pm,  and Wednesday, June 30 at 1:00 pm

David Musto Interview

Insights from David Musto, Managing Director, DC Investment Solutions, J.P. Morgan, about the emerging trends in the defined contribution space, and lessons learned from the financial crisis.





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