Obama Signs Repeal of HCR 1099 Reporting Requirement
April 15, 2011 (PLANSPONSOR.com) – President Obama has signed legislation rolling back a Form 1099 tax reporting provision included in last year's health care reform law.
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Smart401k Partners with vWise on New Advice Offering
April 15, 2011 (PLANSPONSOR.com) - Smart401k has announced a new partnership with vWise, Inc. to bring an education and advice component to employer-sponsored retirement plans.
Former NY Comptroller Gets Jail – and a Pension?
April 15, 2011 (PLANSPONSOR.com) – Former New York state Comptroller Alan Hevesi was sentenced today, after pleading guilty to a felony charge of receiving reward...
Money Market Funds Gain Favor in Asia in February
April 15, 2011 (PLANSPONSOR.com) - During the month of February, local funds in Asia garnered $7 billion in long-term flows, according to Strategic Insight, an Asset International company.
States Must Face the Truth about Pensions to Fix Debts
April 15, 2011 (PLANSPONSOR.com) – Witnesses speaking before the U.S. House Committee on Oversight and Government Reform say current pension accounting practices are not giving states a true...
Governors Say Pension Reform an Answer to Government Debt
April 15, 2011 (PLANSPONSOR.com) – In a hearing this week before the U.S. House Committee on Oversight and Government Reform, the governors of Vermont and Wisconsin suggested pension...
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First Trust Advisors Introduces 13 New ETFs
April 15, 2011 (PLANSPONSOR.com) - First Trust Advisors L.P. announced the anticipated launch of thirteen new exchange-traded funds (ETFs) into its current line of sixteen AlphaDEX funds.
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Lack of Diversity Hinders Non-Profits’ Hiring and Retention
April 15, 2011 (PLANSPONSOR.com) – A national study produced in partnership by Commongood Careers and Level Playing Field Institute reveals that perceived diversity and inclusiveness within non-profit organizations...
ASPPA Asks for Retirement Plan Exemption from Adviser Rules
April 15, 2011 (PLANSPONSOR.com) - The American Society of Pension Professionals & Actuaries (ASPPA) and the National Tax Sheltered Accounts Association (NTSAA) expressed concern over how the application...
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College Faculty Embrace Social Media in the Workplace
April 15, 2011 (PLANSPONSOR.com) - College faculty are twice as likely as other workers to use social media as part of their job, according to a new survey from...
Court Rules Death Benefits Should Go to Estranged Ex
April 14, 2011 (PLANSPONSOR.com) – A federal court has found a deceased woman’s estranged ex-husband is due her employer-sponsored life insurance benefits.
Business Owners Worried about Saving for Retirement
April 14, 2011 (PLANSPONSOR.com) - The latest American Express OPEN Small Business Monitor finds retirement savings is a worrisome topic for business owners.
ERIC Suggests Ways DoL Can Reduce Regulatory Burden
April 14, 2011 (PLANSPONSOR.com) - The ERISA Industry Committee (ERIC) has submitted comments to the Department of Labor (DoL) in response to a Request for Information (RFI) on...
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SSgA Introduces New Muni Bond ETF
April 14, 2011 (PLANSPONSOR.com) - State Street Global Advisors (SSgA), the asset management business of State Street Corporation, announced that the SPDR Nuveen S&P High Yield Municipal Bond...
Regulatory Requirements Top Concern for Investment Managers
April 14, 2011 (PLANSPONSOR.com) - A poll released by SEI reveals that meeting new regulatory requirements remains the top challenge among investment managers.
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WisdomTree to Change Investment Strategy for Some ETFs
April 14, 2011 (PLANSPONSOR.com) - WisdomTree announced that it will change the investment objectives, strategies and fund names for eight ETFs.
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ProShares Launches Corporate Bond ETFs
April 14, 2011 (PLANSPONSOR.com) – ProShares has announced the launch of what it says are the first exchange-traded funds (ETFs) that provide magnified exposure to the high yield...
Administrator Busted for Bogus Retirement Plans Scam
April 14, 2011 (PLANSPONSOR.com) - A federal court has permanently barred William Alexander and his two companies, Retirement Plan Services Inc. and Lyons Pensions Inc., from selling or...
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Van Eck Launches Russia ETF
April 14, 2011 (PLANSPONSOR.com) - Asset manager Van Eck Global has launched what it says is the first U.S.-based exchange-traded fund (ETF) designed to give investors pure-play exposure...
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Owner of 42 McDonald’s Restaurants Sued by EEOC
April 14, 2011 (PLANSPONSOR.com) - The Equal Employment Opportunity Commission (EEOC) has sued the McDonald’s restaurant in Reedsburg, Wisconsin, owned and operated by Missoula Mac, Inc., for sexual...