Funds Had Strong January Showing
February 14, 2011 (PLANSPONSOR.com) – Long-term mutual funds roared back in January with nearly $30 billion in estimated inflows, according to Morningstar’s latest data.
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US ETF Assets up to $1T
February 14, 2011 (PLANSPONSOR.com) – Having broken the $1 trillion milestone in December, many questioned whether inflows into U.S. ETFs had become overheated, according to Morningstar.
White House Proposes Risk-Based PBGC Premiums
February 14, 2011 (PLANSPONSOR.com) – The White House’s latest budget blueprint released Monday calls for pension insurance premiums charged by the Pension Benefit Guaranty Corp. (PBGC) to go...
Court Rejects Immune Deficiency as ADA Protected
February 14, 2011 (PLANSPONSOR.com) – A federal judge in New York has turned away arguments by a former senior hedge fund analyst that the type of immune deficiency...
Lincoln Allowed ‘Causation’ Defense in Stock Drop Matter
February 14 2011 (PLANSPONSOR.com) – A federal judge in Pennsylvania has ruled that Lincoln National Corp. can use as a defense in a stock drop case that its...
EBSA Releases New Batch of ERISA Advisory Opinions
February 14, 2011 (PLANSPONSOR.com) – Federal regulators have issued a series of new advisory opinions from correspondents asking for interpretations of the Employee Retirement Income Security Act...
Groups Offer Fiduciary Change Suggestions
February 11, 2011 (PLANSPONSOR.com) – Two trade groups have applauded the U.S. Department of Labor’s proposed redefinition of a fiduciary, but still suggested a handful of potential improvements...
Benefits |
U.S., Japan Remain Largest Pension Markets in the World
February 11, 2011 (PLANSPONSOR.com) - Global institutional pension fund assets in the 13 major markets increased by 12% during 2010 to reach a new high of $26 trillion...
Firms Should Engage Managers More in Corporate Transactions
February 11, 2011 (PLANSPONSOR.com) - Companies are underutilizing frontline managers in key phases of the integration process in corporate transactions, according to a recent study by Towers Watson.
Benefits |
Should Office Hugging be Verboten?
February 11, 2011 (PLANSPONSOR.com) – The Ari Gold character on the HBO series Entourage may be fond of greeting office visitors with a manly bear hug, but a...
AR Pension Fund Suing State Street over Foreign Exchange Trades
February 11, 2011 (PLANSPONSOR.com) - State Street Corp. is being sued by an Arkansas pension fund for overcharging clients on currency transactions.
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New S&P Indexes Blend Equities and Treasuries
February 11, 2011 (PLANSPONSOR.com) - Standard & Poor's has launched a new series of indexes intended for investors with differing risk-reward profiles.
Americans Aware of Tax Changes, but not Sure They Will Help
February 11, 2011 (PLANSPONSOR.com) - A majority of U.S. adults recently polled say they are familiar with the changes to extend unemployment benefits (69%), extend the Bush-era tax...
Newly Introduced Bill Would Repeal Limits on FSAs, HSAs
February 11, 2011 (PLANSPONSOR.com) - U.S. Senator Kay Bailey Hutchison (R-Texas) has introduced The Patients’ Freedom to Choose Act, a bill that would repeal two provisions in the...
Court Gives Final Approval in RadioShack Fiduciary Breach Case
February 11, 2011 (PLANSPONSOR.com) – A federal judge in Texas has given final approval to a $2.4-million settlement of a class-action suit alleging RadioShack used Putnam mutual funds...
U.S. ETFs See 5th Month of Positive Flows in January
February 11, 2011 (PLANSPONSOR.com) - Strategic Insight (SI) estimated that investors poured an additional $10.9 billion into U.S. Exchange-Traded Funds (ETFs) in January 2011, the fifth straight month...
U.S. Equity Funds See Renewed Demand in January
February 11, 2011 (PLANSPONSOR.com) – U.S. mutual fund investors added about $34 billion in net new cash to U.S. stock and bond mutual funds in January 2011 (in...
Cycle A Determination Application Period Open to Controlled Groups
February 11, 2011 (PLANSPONSOR.com) - The 12-month on-cycle submission period for Cycle A determination letter applications and opinion and advisory letter applications for most pre-approved plans started on...
EBSA Sets New 408(b)(2) Deadline for January 2012
February 11, 2011 (PLANSPONSOR.com) – The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) has delayed by six months the applicability date of its new 408(b)(2) fee...
IRS Fees Cut for Some EGTRRA Plan Document Filing
February 11, 2011 (PLANSPONSOR.com) – The Internal Revenue Service (IRS) has announced that sponsors applying to its Voluntary Correction Program (VCP) to correct the failure of not adopting...