December 3, 2008 (PLANSPONSOR.com) - The board of directors of a Northern California health-care system have decided to fully fund the company's pension even if it costs as...
December 3, 2008 (PLANSPONSOR.com) - A federal judge in Michigan has sentenced a contractor to a day in prison and four months in a halfway house for embezzling...
December 3, 2008 (PLANSPONSOR.com) - After the markets closed, State Street Corp. announced yesterday that it plans to lay off 6% of its staff by the end of...
December 3, 2008 (PLANSPONSOR.com) - A group consisting of portfolio managers, the management team and senior professionals (a.k.a. "management") have agreed to acquire a majority interest in Neuberger...
December 2, 2008 (PLANSPONSOR.com) - Losses for pension plans sponsored by the nation's largest U.S. companies have turned a surplus of $60 billion at the end of 2007,...
December 2, 2008 (PLANSPONSOR.com) - If public pensions do not adjust their investment and funding strategies, future plan participants and taxpayers will bear an enormous burden for funding...
December 2, 2008 (PLANSPONSOR.com) - Illinois Treasurer Alexi Giannoulias is pushing a plan to pool billions in state pension investments as a way to cut costs and curtail...
December 2, 2008 (PLANSPONSOR.com) - The funding deficit for the U.K.'s 200 largest privately sponsored pension plans improved by £38 billion in November, the largest single month rise...
December 2, 2008 (PLANSPONSOR.com) - When asked about their personal financial situation, almost half (46%) of respondents to a new survey said they are very confident.
December 1, 2008 (PLANSPONSOR.com) - Atlanta officials have turned to state legislators for permission to boost their pension investments in real estate and international markets.
December 1, 2008 (PLANSPONSOR.com) - The Teachers' Retirement System of the State of Illinois (TRS) announced it is opposed to state Treasurer Alexi Giannoulias' proposal to combine the...
December 1, 2008 (PLANSPONSOR.com) - Younger participants with fewer years on the job have fared reasonably well with their 401(k) accounts during the economic downturn compared to their...
Media reports show a trend of plan sponsors freezing their defined benefit plans and moving to or enhancing their defined contribution offerings, but a panel of speakers at...
November 26, 2008 (PLANSPONSOR.com) - Coughlin Stoia Geller Rudman & Robbins LLP announced that a class action has been commenced in the United States District Court for the...
November 26, 2008 (PLANSPONSOR.com) - The Internal Revenue Service (IRS) has released a memo warning businesses that funding your business with your retirement plan may not be a...
November 26, 2008 (PLANSPONSOR.com) - Perhaps not surprisingly, there has been significant movement toward adopting target-date funds as a default investment for automatic enrollment.
November 25, 2008 (PLANSPONSOR.com) - Benefit Advisors Network, a national network of independent benefit advisory and consulting companies, has named Raleigh, North Carolina's Progressive Benefit Solutions (PBS) as...