Latest News

Deals and People | May 2nd, 2011

Mohler, Nixon & Williams Announces Promotion of New Partners to Strengthen Employee Benefit Plan Audit Practice

May 2, 2011 (PLANSPONSOR.com0 - Mohler, Nixon & Williams (MNW) have announced that senior managers Ryan Koch and Brad Wall have been promoted to audit...

Products | May 2nd, 2011

SSgA Announces Changes to SPDR Dow Jones Global Titans ETF

May 2, 2011 (PLANSPONSOR.com) - State Street Global Advisors (SSgA), the asset management business of State Street Corporation announced changes to the index and name of the SPDR...

Benefits | May 2nd, 2011

Study Says Wellness Programs Lower Health Care Costs

May 2, 2011 (PLANSPONSOR.com) - A new longitudinal study conducted among participants in Discovery Holding’s incentive-based wellness program, Vitality, indicates that wellness programs incorporating positive incentives can lead...

Products | May 2nd, 2011

MetLife Announces New Retirement Income Strategies

May 2, 2011 (PLANSPONSOR.com) - MetLife has launched its optional Guaranteed Minimum Income Benefit Max (GMIB Max) and Enhanced Death Benefit Max (EDB Max) variable annuity riders with...

Products | May 2nd, 2011

Archimedes Introduces College Savings Smartphone App

May 2, 2011 (PLANSPONSOR.com) - Archimedes Systems has introduced a new College Savings Planner application that helps financial institutions engage with smartphone users.

Products | May 2nd, 2011

Allianz Expands Distribution of Retirement Pro Variable Annuity

May 2, 2011 (PLANSPONSOR.com) - Allianz Life Insurance Company of North America announced that it has formed strategic relationships with seven broker/dealers to add the Allianz Retirement Pro...

Products | May 2nd, 2011

Mercer Launches Online Retirement Planning Education Program

May 2, 2011 (PLANSPONSOR.com) - Mercer has launched “RetireTALK,” an online retirement planning and education campaign for employees whose 401(k) plans it administers.

Administration | May 2nd, 2011

Wealth Change during Recession Led to Changes in Plans for Retirement

May 2, 2011 (PLANSPONSOR.com) - A 2009 follow-up survey of households that completed the 2007 Survey of Consumer Finances (SCF) found changes in families’ savings intentions or behavior,...

Compliance | May 2nd, 2011

Settlement Reached in PFF Bancorp Suit

May 2, 2011 (PLANSPONSOR.com) - A court has approved a $3 million settlement of a case accusing PFF Bancorp Inc of continuing to purchase and invest in company...

Compliance | May 2nd, 2011

Court Finds Disability Denial Appeal Is Untimely

May 2, 2011 (PLANSPONSOR.com) – A federal appellate court has dismissed a claim by an employee who was denied disability benefits because her appeal of the denial was...

Compliance | May 2nd, 2011

Finistar Options Backdating Suit Reinstated

May 2, 2011 (PLANSPONSOR.com) – The 9^th U.S. Circuit Court of Appeals has reinstated a lawsuit brought by Finistar shareholders alleging stock options backdating.

Compliance | May 2nd, 2011

Court Says Spouse Trumps Beneficiary Designation of Children

May 2, 2011 (PLANSPONSOR.com) – A federal court has granted retirement plan benefits of a deceased participant to his spouse, even though he had listed his children as...

Compliance | April 29th, 2011

ERIC Outlines Suggestions for Reducing Regulatory Burdens

April 29, 2011 (PLANSPONSOR.com) - The ERISA Industry Committee (ERIC) urged the Treasury Department to be more responsive to easing the regulatory burden on sponsors...

Benefits | April 29th, 2011

Recession Leads to Record Drop in Workplace Health Coverage: EBRI

April 29, 2011 (PLANSPONSOR.com) – The Employee Benefit Research Institute (EBRI) reports that the percentage of workers who received employment-based health benefits through their...

Benefits | April 29th, 2011

Decreased Employer Contributions to Pensions Removed from Ohio Bill

April 29, 2011 (PLANSPONSOR.com) - The proposed Ohio state budget bill no longer includes language that would set the pension contributions for public employers and their employees to...

Deals and People | April 29th, 2011

Symetra Life Insurance Adds Sales Execs

April 29, 2011 (PLANSPONSOR.com) - Symetra Life Insurance Company has announced a new sales leader for its eastern division and eight additional regional vice presidents to represent the...

Benefits | April 29th, 2011

EBRI Finds Drop in Health Care Coverage during Recession

April 29, 2011 (PLANSPONSOR.com) - New data shows that 2009 marked both the sharpest one-year decline in employment-based health coverage for working age Americans, and also the first...

Benefits | April 29th, 2011

GAO: Retirement Landscape Shift Creates Disproportionate Benefits

April 29, 2011 (PLANSPONSOR.com) – A new report from the Government Accountability Office contends that the shift from a traditional defined benefit retirement plan landscape to more defined...

Compliance | April 29th, 2011

ASPPA Recommends Streamlined Participant Communications

April 29, 2011 (PLANSPONSOR.com) - The American Society of Pension Professionals & Actuaries (ASPPA) has recommended that the Treasury Department simplify the required employee communication items for retirement...

Deals and People | April 29th, 2011

CT Pension CIO Joins MassMutual

April 29, 2011 (PLANSPONSOR.com) - Massachusetts Mutual Life Insurance Company announced that M. Timothy Corbett will join the company as Executive Vice President and Chief Investment Officer, effective...