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Benefits | June 22nd, 2011

CT Town Looking for Input on Retirement Benefits Offering

June 22, 2011 (PLANSPONSOR.com) - The board of selectmen of Simsbury, Connecticut, voted to seek requests for proposals from third-party providers to assess the long-term financial viability of...

Administration | June 22nd, 2011

The Effect of Longevity Annuity Price Changes on Retirement Income

June 22, 2011 (PLANSPONSOR.com) - As the price of a longevity annuity increases, and as longevity risk grows, more initial retirement wealth is needed and the degree of...

Benefits | June 22nd, 2011

EBRI Finds Economy-Health Coverage Link

June 22, 2011 (PLANSPONSOR.com) – Findings from the nonpartisan Employee Benefit Research Institute (EBRI) show that the likelihood a worker will or will not have employment-based health benefits...

Benefits | June 22nd, 2011

Employee Sues over Gender Change Benefits Denial

June 22, 2011 (PLANSPONSOR.com) - A transgender public employee has sued the state of Oregon because its health plan refused to cover a surgery as part of his...

Benefits | June 22nd, 2011

Displaced Workers Depleting Retirement Savings

June 22, 2011 (PLANSPONSOR.com) – A study of 668 displaced workers who are either unemployed or underemployed—part of the 12th Annual Transamerica Retirement Survey—found that the majority (67%)...

Products | June 22nd, 2011

Fidelity Releases Defined Maturity Funds

June 22, 2011 (PLANSPONSOR.com) - Fidelity Investments has announced the launch of the Fidelity Defined Maturity Funds, a series of actively managed national municipal income funds, each with...

Benefits | June 22nd, 2011

Employers Look to Research to Inform Health Benefits Decisions

June 22, 2011 (PLANSPONSOR.com) - Employers are aware of comparative effectiveness research (CER) and its potential to answer critical questions about health care, according to a new survey...

Investing | June 22nd, 2011

Global Mutual Fund Industry on Track for another Record Year

June 22, 2011 (PLANSPONSOR.com) - Year-to-date global long-term fund flows through April 2011 reached $268 billion, according to Strategic Insight’s Global Mutual Fund Review April 2011, New &...

Compliance | June 22nd, 2011

Restaurant Groups Sue DoL over Tips Credit Regs

June 22, 2011 (PLANSPONSOR.com) - Trade groups representing the restaurant industry are suing the U.S. Department of Labor, saying they were not allowed to comment on new rules...

Administration | June 22nd, 2011

Report Reveals Sources for Sub-Adviser Opportunities

June 22, 2011 (PLANSPONSOR.com) – A new report from Financial Research Corporation (FRC) reveals that sub-adviser firms polled say their primary source of manager search information is the...

Benefits | June 22nd, 2011

More Participants Getting Investment Help

June 22, 2011 (PLANSPONSOR.com) - The portfolios of nearly 30% of participants in 401(k) retirement plans at Vanguard are in automatic, professionally managed investment programs, according to Vanguard’s...

Benefits | June 22nd, 2011

Postal Service to Suspend Retirement Contributions

June 22, 2011 (PLANSPONSOR.com) - The U.S. Postal Service will suspend its contributions to the Federal Employees Retirement System to save $800 million this year.

Compliance | June 21st, 2011

Filing Date Extended for New SSA Form

June 21, 2011 (PLANSPONSOR.com) - The filing due date for the 2009 and 2010 Form 8955-SSA, Annual Registration Statement Identifying Separated Participants with Deferred Vested Benefits, will be...

Benefits | June 21st, 2011

Catholic Health System Adopts Tobacco-Free Hiring Policy

June 21, 2011 (PLANSPONSOR.com) - SSM Health Care is implementing two new policies designed to create a healthier overall workforce.

Deals and People | June 21st, 2011

Aon Hewitt Names Chief Actuary for Canadian Health and Benefits Practice

June 21, 2011 (PLANSPONSOR.com) - Aon Hewitt, the global human resource consulting and outsourcing business of Aon Corporation, announced that Greg Durant has joined the firm as chief...

Products | June 21st, 2011

The Hartford Offers Future Housing Education Resource

June 21, 2011 (PLANSPONSOR.com) – The Hartford has launched Home...

Benefits | June 21st, 2011

Boomers not Considering Future Housing Needs

June 21, 2011 (PLANSPONSOR.com) - According to a survey from The Hartford and the MIT AgeLab, 50% of boomers want to stay in their current home as they...

Administration | June 21st, 2011

Institutional Investors to Get Lost Assets Back from J.P. Morgan

June 21, 2011 (PLANSPONSOR.com) - The Securities and Exchange Commission announced that J.P. Morgan Securities LLC will pay $153.6 million to settle SEC charges that it misled investors...

Benefits | June 21st, 2011

Man Robs Bank for Health Care until Social Security

June 21, 2011 (PLANSPONSOR.com) – Earlier this month, James Verone walked into an RBC Bank in Gastonia, North Carolina, and handed a note to the teller saying, “This...

Benefits | June 21st, 2011

Lack of Company Knowledge Biggest Interview Mistake

June 21, 2011 (PLANSPONSOR.com) - Nearly four in 10 (38%) managers polled said knowing little or nothing about the company is the most common mistake job seekers make...

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