Latest News

Products | May 23rd, 2011

Whitepaper Claims Emotional Barriers Thwarting Good Savings Behaviors

May 23, 2011 (PLANSPONSOR.com) – A new white paper asserts that those in and near retirement are uncertain about the future, fearful of poverty, not...

Benefits | May 23rd, 2011

403(b) Plans Increase Use of Advisers and Online Communications

May 23, 2011 (PLANSPONSOR.com) - The latest 403(b) plan sponsor survey from the Profit Sharing/401k Council of America (PSCA) reveals sponsors are increasingly asking for help from investment...

Administration | May 22nd, 2011

Small Cap Dominates Institutional Product Performance in Q1 2011

May 23, 2011 (PLANSPONSOR.com) - Investment Metrics’ (IM) analysis of approximately 6,200 institutional separate account composites and commingled fund products finds the U.S. Small Cap category topped the...

Administration | May 22nd, 2011

NJ Approves Increase in Alternative Investments

May 23, 2011 (PLANSPONSOR.com) - The New Jersey State Investment Council voted to increase how much the state’s pension system may put into alternative investments in the next...

Compliance | May 20th, 2011

457(f) Plan Guidance Expected in 2011

May 20, 2011 (PLANSPONSOR.com) – A client alert from law firm Drinker Biddle says it appears that the IRS is getting ready to issue the long-anticipated regulations governing...

Compliance | May 20th, 2011

EBSA Announces VFCP Workshop

May 20, 2011 (PLANSPONSOR.com) - The U.S. Department of Labor's Employee Benefits Security Administration is hosting a workshop on how to correct certain fiduciary violations under the Employee...

Compliance | May 20th, 2011

HHS Issues Final Regs on Premium Increase Reviews

May 20, 2011 (PLANSPONSOR.com) - The Department of Health and Human Services (HHS) issued a final regulation to ensure that large health insurance premium increases will be thoroughly...

Benefits | May 20th, 2011

Online College to Pay $260K to Settle EEOC Lawsuit

May 20, 2011 (PLANSPONSOR.com) - High-Tech Institute, Inc., doing business as Anthem College Online, will pay $260,000 as part of a settlement of a sexual harassment lawsuit filed...

Products | May 20th, 2011

Adviser Firm Launches Retirement Planning Web Site

May 20, 2011 (PLANSPONSOR.com) - Retirement Investment Strategies has launched FinancialPlanStrategies.com to help those near and in retirement.

Administration | May 20th, 2011

Illinois TRS Reports 23% Increase in Assets Since 2009

May 20, 2011 (PLANSPONSOR.com) - The Illinois Teachers’ Retirement System Board of Trustees reported total assets of $37.3 billion at the end of March 2011, a 23% increase...

Administration | May 20th, 2011

529 Plan Assets Increase Nearly 6% in Q1 2011

May 20, 2011 (PLANSPONSOR.com) - Total 529 savings plan assets increased to an estimated $146 billion as of 1Q11, reflecting a 5.8% increase from 4Q10 assets of $138...

Administration | May 20th, 2011

Graduates Advise Saving Early for College Costs

May 20, 2011 (PLANSPONSOR.com) - According to the Fidelity Cost-Conscious College Graduates Survey, while two-thirds (66%) of the Class of 2011 who are graduating with debt say the...

Administration | May 20th, 2011

CT Town Wants Court to Allow Claims for Madoff Losses

May 20, 2011 (PLANSPONSOR.com) - Lawyers representing Fairfield, Connecticut, have asked the state's Appellate Court to reverse a lower court ruling that the town cannot make claims for...

Administration | May 20th, 2011

NH Repeals Retirement System Sudan Divestiture Law

May 20, 2011 (PLANSPONSOR.com) – New Hampshire Governor John Lynch has signed into law a bill repealing the state law requiring the divestiture of retirement system assets from...

Benefits | May 20th, 2011

K-12 School District Facing Bias Lawsuit

May 20, 2011 (PLANSPONSOR.com) - A State College (Pennsylvania) Area School District worker and her partner are suing the district alleging it discriminates in its employee-benefits policy.

Compliance | May 19th, 2011

Retirement Plan Trustee not Responsible for Adviser Fraud

May 20, 2011 (PLANSPONSOR.com) – A federal appeals court has ruled that UMB Bank is not responsible for losses to retirement plan accounts from investments directed by participants’...

Products | May 19th, 2011

Invesco to List Convertible Securities ETF

May 19, 2011 (PLANSPONSOR.com) - Invesco PowerShares Capital Management LLC announced that the PowerShares Convertible Securities Portfolio is anticipated to begin trading May 26, 2011, on the NYSE...

Benefits | May 19th, 2011

Recession Increased Retirement Delays

May 19, 2011 (PLANSPONSOR.com) – New research from The Conference Board reveals that the 2008-2009 economic recession has increased pressure on individuals to delay retirement.

Benefits | May 19th, 2011

Younger Employees Have Well-Balanced Portfolios

May 19, 2011 (PLANSPONSOR.com) - Research from Vanguard shows that defined contribution plan participants younger than 30 have higher equity allocations than other generations had at the same...

Benefits | May 19th, 2011

FRC Predicts $2T in IRA Rollovers in Coming Years

May 19, 2011 (PLANSPONSOR.com) - The Financial Research Corporation (FRC) estimates that over the next five years, assets in defined contribution (DC) plans and IRAs will grow from...