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Benefits | March 21st, 2011

Genders not So Different When It Comes to Retirement Savings

March 21, 2011 (PLANSPONSOR.com) – The Retirement Confidence Survey by the Employee Benefit Research Institute found men and women are equally likely to say they (and/or their spouse)...

Benefits | March 21st, 2011

Genders not So Different When It Comes to Retirement Savings

March 21, 2011 (PLANSPONSOR.com) – The Retirement Confidence Survey by the Employee Benefit Research Institute found men and women are equally likely to say they (and/or their spouse)...

Benefits | March 21st, 2011

DC Participant Accounts Grew Despite Recession

March 21, 2011 (PLANSPONSOR.com) - Despite the substantial market and economic shock of 2008–2009, defined contribution (DC) retirement plan savings for most participants continued to grow over three-...

Deals and People | March 21st, 2011

ING Names President of Employee Benefit Distribution

March 21, 2011 (PLANSPONSOR.com) - ING has announced the promotion of Heather Lavallee to president of Employee Benefits Distribution.

Products | March 21st, 2011

Northern Trust Strengthens Asset Pricing Capabilities

March 21, 2011 (PLANSPONSOR.com) - Northern Trust has strengthened its client-specific asset pricing capabilities for investment managers on its...

Products | March 21st, 2011

Schwab to Pick Up optionsXpress

March 21, 2011 (PLANSPONSOR.com) – The Charles Schwab Corporation has agreed to acquire optionsXpress Holdings, Inc.

Deals and People | March 21st, 2011

Transamerica Taps Pride for Sales Post

March 21, 2011 (PLANSPONSOR.com) – Transamerica Retirement Services has named Corey Pride as regional vice president in the company’s Southern Region.

Compliance | March 21st, 2011

DoL Announces “Fiduciary Responsibilities” Webcasts

March 21, 2011 (PLANSPONSOR.com) - The U.S. Department of Labor’s Employee Benefits Security Administration will sponsor “Getting It Right – Know Your Fiduciary Responsibilities” Webcasts on Wednesday, March...

Products | March 21st, 2011

AUL Offers Multiple Employer Plan to Smaller Companies

March 21, 2011 (PLANSPONSOR.com) - American United Life Insurance Company (AUL), a OneAmerica company, has introduced a multiple employer 401(k) option for small- to mid-sized employers.

Compliance | March 21st, 2011

Court Drops Breach of Fiduciary Duty Claim in Stock Drop Suit

March 21, 2011 (PLANSPONSOR.com) – A court has dismissed a claim for breach of the fiduciary duty of prudence and loyalty for imprudent investment of plan assets against...

Products | March 21st, 2011

BCG Now Offering Stadion as Investment Choice

March 21, 2011 (PLANSPONSOR.com) – Benefit Consultants Group (BCG), a Delran, New Jersey-based plan provider, is now offering Stadion Money Management as the newest investment option.

Benefits | March 21st, 2011

Most Fidelity HSA Participants Nearly Spend Down their Accounts

March 21, 2011 (PLANSPONSOR.com) – Thirty-six percent of Health Savings Account (HSA) participants at Fidelity Investments use more than 90% of their annual HSA contribution on qualified medical...

Administration | March 21st, 2011

Sun Trust Served with 401(k) Suit

March 21, 2011 (PLANSPONSOR,com) – A retiree has sued Sun Trust Banks, alleging that it favored investment plans operated by SunTrust or its subsidiaries that...

Compliance | March 18th, 2011

Burr-Coburn Bill Would Alter Federal Pensions

March 18, 2011 (PLANSPONSOR.com) – A pair of US senators has introduced legislation that would change the pension mix for new federal employees – including...

Compliance | March 18th, 2011

ASPPA Reiterates Support for DoL Fiduciary Definition Deliberations

March 18, 2011 (PLANSPONSOR.com) – Declaring that prior reports of its position on the Department of Labor’s (DoL) proposed regulation redefining “fiduciary” were unclear, The American Society of...

Benefits | March 18th, 2011

2011 Merit Hikes Averaging 3%

March 18, 2011 (PLANSPONSOR.com) – Merit compensation increases are expected to average around 3% for 2011, reflecting higher budgeted amounts across all employee groups, compared to the 2.7%...

Administration | March 18th, 2011

Lawsuit Filed over Wrongdoing in CalPERS Pharmacy Contract

March 18, 2011 (PLANSPONSOR.com) - A new lawsuit claims California state workers and others were forced to pay higher charges for prescription medicines as a result of alleged...

Benefits | March 18th, 2011

Court Affirms Jury Verdict against AutoZone in EEOC Case

March 18, 2011 (PLANSPONSOR.com) - A three-judge panel of the 9th U.S. Circuit Court of Appeals has affirmed a $65,000 jury verdict against AutoZone, Inc. in an Equal...

Compliance | March 18th, 2011

DoL Extends Grace Period for Certain PPACA Rules

March 18, 2011 (PLANSPONSOR.com) – The Employee Benefits Security Administration has extended the enforcement grace period for certain provisions of the Patient Protection and Affordable Care Act relating...

Benefits | March 18th, 2011

Senate Panel Probes DC SecLending Practices

March 18, 2011 (PLANSPONSOR.com) – A U.S. Senate committee report has echoed a recent study by government auditors in calling for more participant disclosure about securities lending practices...