Benefits |
DC Plan Assets Boosted by Contributions
June 8, 2011 (PLANSPONSOR.com) - The Callan DC Index started the year strongly, advancing 4.3% in the first quarter.
Latest News
DoL Gets $10.5M for DirecTECH ESOP Plan Participants
June 8, 2011 (PLANSPONSOR.com) - The U.S. Department of Labor has obtained six consent judgments requiring payment of $10,454,545 in restitution to the DirecTECH Holding Co. Inc. Employee...
FaithShares Shutters Four Faith-Based ETFs
June 8, 2011 (PLANSPONSOR.com) - IndexUniverse.com reports that Tulsa, Oklahoma-based exchange-traded fund (ETF) firm FaithShares has shuttered four of its...
Benefits |
Health Care is Employers’ Largest Benefit Cost
June 8, 2011 (PLANSPONSOR.com) - Private employers spent an average of $28.10 an hour for compensation in March 2011.
PBGC Takes Over Plan of Concrete Products Maker
June 8, 2011 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation will pay the retirement benefits of more than 800 workers and retirees of bankrupt Schwab Industries, Inc. of...
Products |
PNC Adds Managed Accounts to DC Platform
June 8, 2011 (PLANSPONSOR.com) – PNC Institutional Investments has expanded its relationship with Morningstar Associates to offer managed accounts in its defined contribution platform through Morningstar Retirement Manager.
Thomas Stephenitch Joins Diversified
June 8, 2011 (PLANSPONSOR.com) - Diversified has announced that Thomas M. Stephenitch has joined the company as a sales executive for Michigan and northern Ohio.
Benefits |
Boomerang Generation Derailing Parents’ Retirement Goals
June 8, 2011 (PLANSPONSOR.com) - According to the latest Investor Index survey released by TD Ameritrade Holding Corporation, Boomers attempting to protect their children from financial stress may...
Pension Funding Falls as Interest Rates Drop
June 8, 2011 (PLANSPONSOR.com) - The funded status of the 100 largest corporate defined benefit pension plans worsened by $26 billion during May 2011, as measured by the...
Solis Argues Prudence Claims Should not be Time-Barred
June 8, 2011 (PLANSPONSOR.com) – In an amicus brief responding to a decision in an excessive 401(k) plan fee case, Secretary of Labor Hilda L. Solis said a...
Solis Argues Prudence Claims Should not be Time-Barred
June 8, 2011 (PLANSPONSOR.com) – In an amicus brief responding to a decision in an excessive 401(k) plan fee case, Secretary of Labor Hilda L. Solis said a...
PwC Expands HR Transaction Services Practice
June 8, 2011 (PLANSPONSOR.com) - PwC US announced today that Jennifer Daniels has joined PwC US as a principal in PwC’s Human Resource Transaction Services...
Benefits |
McKinsey Finds Growing Number of Employers Likely to Drop Health Coverage
June 7, 2011 (PLANSPONSOR.com) – New research suggests that nearly a third of employers will be dropping their health care insurance programs after the provisions...
California Pension Fund Sues Wilshire
June 7, 2011 (PLANSPONSOR.com) - The $2.7 billion Kern County Employees' Retirement Association (KCERA) has sued Wilshire Associates for a loss of about $4 million...
ETF Assets Decrease in May
June 7, 2011 (PLANSPONSOR.com) - ETF industry assets fell $22.7 billion for the month of May - down 2%, according to State Street Global Advisors’ latest ETF Snapshot...
Products |
TIAA-CREF Announces Partnership to Create RIA Network
June 7, 2011 (PLANSPONSOR.com) - TIAA-CREF announced a new partnership with the Center for Due Diligence (CFDD) and PlanTools to help plan sponsors and participants select an independent...
U.S. Pension Plans Experience Funded Status Setback in May
June 7, 2011 (PLANSPONSOR.com) - New figures from Mercer show that the aggregate deficit in pension plans sponsored by S&P 1500 companies corresponds to an aggregate funded ratio...
Benefits |
Court Awards $600K in AutoZone EEOC Case
June 7, 2011 (PLANSPONSOR.com) - A federal court jury has returned a verdict of $600,000 against AutoZone, Inc. for failing to provide a reasonable accommodation to a disabled...
Products |
VALIC Partners with Mesirow to Offer Investment Services
June 7, 2011 (PLANSPONSOR.com) – VALIC has introduced Plan Essentials, a comprehensive platform of investment products and services in partnership with Mesirow Financial.
Products |
ING Offers Expanded Fiduciary Services
June 7, 2011 (PLANSPONSOR.com) - ING announced that it has expanded its fiduciary service offerings to help defined contribution plan sponsors better navigate their responsibilities under the Employee...