ERIC Supports Electronic Disclosures
June 6, 2011(PLANSPONSOR.com) - In a letter to the Department of Labor (DoL), the ERISA Industry Committee (ERIC) explained its belief that electronic disclosures will improve efficiencies at...
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Vanguard Launches Canadian Investment Business
June 6, 2011 (PLANSPONSOR.com) - Investment management company Vanguard has established Vanguard Investments Canada Inc., which will enable them to reach Canadian investors through investment advisers.
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Living Longer Impacts Retirement Savings and the Workplace
June 6, 2011 (PLANSPONSOR.com) - Living longer than expected is one of the most serious issues facing U.S. workers today, according to a new issue brief by the...
Performance of U.S. REITs Outpaced Markets in May
June 6, 2011 (PLANSPONSOR.com) - In May, the FTSE NAREIT All Equity REITs Index was up 1.00% and the FTSE NAREIT All REITs Index was up 0.84%, while...
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Plan Leakage a Lesser Concern than Participation Rates
June 6, 2011 (PLANSPONSOR.com) - Jean Young, senior research analyst in Vanguard Center for Retirement Research, says withdrawals and other leakage issues should be less of a concern...
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Putnam Releases App to Encourage "Impulse Saving"
June 6, 2011 (PLANSPONSOR.com) - Putnam has introduced an iPhone application that allows participants to find savings opportunities through comparison shopping, and then immediately direct that savings to...
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Younger Employees Who Volunteer More Loyal, Satisfied
June 3, 2011 - A new Deloitte survey reported that millennials who are regularly involved in workplace volunteer activities are more likely to be proud, loyal, and satisfied employees...
Solis Again Files Brief in Support of Remedy against MetLife
June 3, 2011 (PLANSPONSOR.com) – With a new U.S. Supreme Court decision in her arsenal, Secretary of Labor Hilda L. Solis again filed an amicus curiae brief with...
Worker Fired for Misconduct Still Due Disability Payments
June 3, 2011 (PLANSPONSOR.com) – The Utah Court of Appeals has found that an injured worker did not purposefully refuse light-duty work offered by his employer by sending...
TX Governor Signs Bill to Reduce Employer Legal Battles
June 3, 2011 (PLANSPONSOR.com) – Texas Governor Rick Perry signed House Bill 274, which implements a loser pays system for frivolous lawsuits in the state.
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LifeCare Announces Backup Child and Elder Care Enhancements
June 3, 2011 - LifeCare, Inc. announced product and team improvements for backup child and elder care services.
Injury from Trip over Dog Warrants Workers Comp
June 3, 2011 (PLANSPONSOR.com) – Oregon’s Court of Appeals has found that a woman who tripped over her dog while working from home may be due workers compensation.
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CalSTRS Backs Bill Limiting Pension Spiking
June 3, 2011 (PLANSPONSOR.com) - The board of the California State Teachers’ Retirement System (CalSTRS) has voted to support proposed legislation that, if amended, would...
Managers’ Insurance Assets Reach Record Level
June 3, 2011 (PLANSPONSOR.com) - Insurance company assets managed by third-party U.S. investment firms rose to a record $1.75 trillion at the end of 2010, according to the...
Report Presents Positive Future for NYC Pension
June 3, 2011 (PLANSPONSOR.com) – A study on the sustainability of the New York City Pension System indicates a reduction in costs if all current laws relating to...
CA City Allowed to Reduce Payment for Old Pension
June 3, 2011 (PLANSPONSOR.com) - Leaders of Contra Costa's largest pension system have agreed to allow the city of Pittsburg to delay part of a $2 million payment...
Penion Funded Status Ends Upward Trend
June 3, 2011 (PLANSPONSOR.com) - In May, the funded status of the typical U.S. corporate pension plan fell 2.3 percentage points to 86.9%, marking the end of an...
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Fiserv Enhances Financial Advice Solutions with Morningstar
June 3, 2011 (PLANSPONSOR.com) - Fiserv, Inc. announced the integration of Morningstar analytics and data into its front-office Financial Advice Solutions, providing advisers retirement income modeling, financial planning...
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Retirement Funding Expectations Changed
June 3, 2011 (PLANSPONSOR.com) - The May Wells Fargo/Gallup Investor and Retirement Optimism Index found significant differences between how today’s retired Americans are funding their retirements and how...
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AICPA, SHRM Launch Award for Workplace Financial Literacy Efforts
June 2, 2011 (PLANSPONSOR.com) – If you’re doing great things to encourage workplace financial literacy, here’s a chance to be recognized.