Court Rejects 404(c) Defense in Certifying Stock Drop Suit Class
May 6, 2011 (PLANSPONSOR.com) – A U.S. District Court has certified as a class action a suit against YRC Worldwide that claims it offered company stock as a...
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Non-Profit Proposes CA Public Retirement System Revamp
May 6, 2011 (PLANSPONSOR.com) - The California Foundation for Fiscal Responsibility, a non-profit dedicated to finding solutions for California public employee retirement benefit issues, has proposed an extensive retirement system...
Peru Lawmakers Propose Bill to Prevent Pension Takeover
May 6, 2011 (PLANSPONSOR.com) - A proposal before Peruvian lawmakers aims to protect $30 billion in private pension funds from takeover by future governments.
Seyfarth Shaw Adds to Labor & Employment Practice
May 6, 2011 (PLANSPONSOR.com) - Seyfarth Shaw LLP announced that labor and employment attorney Wanda Holloway has joined the firm as a partner in its Houston office.
VALIC Hires Leader for K-12 Retirement Plan Biz
May 6, 2011 (PLANSPONSOR.com) – VALIC has recruited John Kevin as Vice President, K-12 Market Management.
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MI Hospital System Selects MetLife as 403(b) Provider
May 6, 2011 (PLANSPONSOR.com) - MetLife Resources (MLR) has been selected as the 403(b) defined contribution plan service provider for the Mercy Memorial Hospital System in Monroe, Michigan.
Master Trusts See 3rd Consecutive Quarter of Gains
May 5, 2011 (PLANSPONSOR.com) - For the third consecutive quarter Master Trusts added to their performance, returning 3.55% in the March quarter, as measured by the median Wilshire...
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Jacob and Isabella Rule the Crib Again
May 5, 2011 (PLANSPONSOR.com) – Jacob and Isabella have topped the Social Security Administration’s Most Popular Baby Names list for another year – the 12th year in a...
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CRR Offers Financial Security Web Site
May 5, 2011 (PLANSPONSOR.com) – The Center for Retirement Research at Boston College has rolled out an initiative offering resources to help people make better financial decisions.
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VALIC Launches Education Campaign for Women
May 5, 2011 (PLANSPONSOR.com) – VALIC has launched a new education campaign that caters to the specific financial and retirement planning needs of women.
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Dreman Contrarian Value Equity Fund Launched
May 5, 2011 (PLANSPONSOR.com) - Dreman Value Management L.L.C., a contrarian value asset management company, has announced the launch of the Dreman Contrarian Value Equity Fund.
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Hyatt Legal Plans Offers Guide on Employee Legal Issues
May 5, 2011 (PLANSPONSOR.com) - Hyatt Legal Plans, a MetLife company, announced the availability of a new resource designed to help employers understand the impact that employees’ personal...
Benefits |
Working Moms Struggle with Family Time and Finances
May 5, 2011 (PLANSPONSOR.com) - Working moms report they are struggling to financially support their families and have quality time at home, according to CareerBuilder’s annual Mother’s Day...
S&P 1500 Pension Deficits Decrease by $4B in April
May 5, 2011 (PLANSPONSOR.com) - The aggregate deficit in pension plans sponsored by S&P 1500 companies decreased by approximately $4 billion during April, from a deficit of approximately...
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Citi Adds SRI Options to SecLending Program
May 5, 2011 (PLANSPONSOR.com) - Citi has added socially responsible investment solutions to its securities lending cash collateral investment program.
Pension Funding Sees 8th Consecutive Month of Improvement
May 5, 2011 (PLANSPONSOR.com) - The funded status of the typical U.S. corporate pension plan in April rose 0.7 percentage points to 89.2%, the eighth consecutive month of...
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IndexIQ Launches Small Cap Oil ETF
May 5, 2011 (PLANSPONSOR.com) – IndexIQ has introduced the IQ Global Oil Small Cap ETF (NYSE Arca: IOIL).
All REIT Sectors Deliver Strong Returns in April
May 5, 2011 (PLANSPONSOR.com) - On a total return basis, the FTSE NAREIT All Equity REITs Index gained 5.11% and the FTSE NAREIT All REITs Index was up...
DE Governor Signs Pension Reform
May 5, 2011 (PLANSPONSOR.com) – Delaware Governor Jack Markell has signed legislation designed to reign in state retiree pension and health care costs.
Uninsured Can Move Forward in HCR Challenge
May 5, 2011 (PLANSPONSOR.com) – A federal court has moved forward claims of uninsured plaintiffs in a challenge to the federal health care reform law, while saying the...