Latest News

Deals and People | December 7th, 2010

SSgA Appoints Head of ETFs, Asia Pacific

December 7, 2010 (PLANSPONSOR.com) - State Street Global Advisors (SSgA), the investment management business of State Street Corporation, announced the appointment of Frank Henze to a newly-created role,...

Products | December 7th, 2010

New York Life RPS Announces Enhanced Participant Web Site

December 7, 2010 (PLANSPONSOR.com) - New York Life Retirement Plan Services announced the launch of a newly redesigned participant Web site.

Benefits | December 7th, 2010

Minneapolis Takes Top Spot in Retirement Readiness Survey

December 7, 2010 (PLANSPONSOR.com) – Minneapolis-St. Paul residents are the best prepared for and confident about retirement, according to a new poll.

Products | December 7th, 2010

MetLife Enhances Group Life Benefits for Small Businesses

December 7, 2010 (PLANSPONSOR.com) - MetLife has enhanced its group life benefits portfolio for small businesses.

Administration | December 7th, 2010

Pension Funding Sees Slight Uptick in November

December 7, 2010 (PLANSPONSOR.com) - Assets declined less than liabilities at the typical U.S. corporate pension plan in November resulting in a funded status of 80.5%, according to...

Benefits | December 7th, 2010

Oregon Government Proposes Pension Changes

December 7, 2010 (PLANSPONSOR.com) – Oregon Governor Ted Kulongoski's Reset Cabinet recommended cuts to Oregon state workers' pension plans that reportedly could result in more than $511 million...

Products | December 7th, 2010

MSCI Launches Value Weighted Indices

December 7, 2010 (PLANSPONSOR.com) - MSCI Inc. has launched a series of value weighted indexes.

Products | December 7th, 2010

India Site Opens Web Pension Portal

December 7, 2010 (PLANSPONSOR.com) – ICICI Securities announced the launch of the National Pension System (NPS) facility on its online broking site, ICICIdirect.com, which it said is the...

Administration | December 7th, 2010

Study Finds UK, US Sponsors Have Different Pension Risk Priorities

December 7, 2010 (PLANSPONSOR.com) – A new report indicates that while US and UK plan sponsors are taking a broad view of pension risk, US...

Benefits | December 7th, 2010

Many Americans Lack Rainy Day Fund

December 7, 2010 (PLANSPONSOR.com) – Fifty-four percent of those recently polled say they couldn’t meet basic financial needs if they lost their income for 90 days or more.

Benefits | December 7th, 2010

For California Drivers, 15 is an Unlucky Number

December 7, 2010 (PLANSPONSOR.com) – If you’re driving in California next week, you might want to be especially careful.

Products | December 7th, 2010

Desperately Seeking NewsDash?

December 7, 2010 (PLANSPONSOR.com) – If you’re having trouble receiving NewsDash, it may be that your email software – or web delivery service – thinks...

Compliance | December 7th, 2010

NY 403(b) Fee Suit Dismissed – Again

December 7, 2010 (PLANSPONSOR.com) – A federal judge in New York has thrown out a lawsuit by two school teacher participants in a 403(b) program alleging the program...

Compliance | December 7th, 2010

403(b) Webcast: IRS Audit Results

December 7, 2010 (PLANSPONSOR.com) – In a recent PLANSPONSOR Webcast, sponsored by MetLife, Daniel S. Gardner, Senior Employee Plan Specialist for Tax Exempt and Government Entities, Internal Revenue...

Benefits | December 7th, 2010

IRS Audit: A 403(b) Plan Sponsor’s Experience

December 7, 2010 (PLANSPONSOR.com) - Karen Janway, Director, Benefits and Administrative Support, Presbyterian Healthcare Services, has been through three Internal Revenue Service audits and two Department of Labor...

Benefits | December 6th, 2010

Mobile Workforce Presents Data Concerns

December 6, 2010 (PLANSPONSOR.com) - A study performed by People Security under a research grant from 3M found that 67% of working professionals had worked with some type...

Benefits | December 6th, 2010

Rollover-Driven IRA Assets Still Growing Strong

December 6, 2010 (PLANSPONSOR.com) – With $4.2 trillion in assets, individual retirement accounts (IRA) accounted for more than one-quarter of all U.S. retirement wealth in the second quarter...

Products | December 6th, 2010

FBMC Spins-off Tax Favored Accounts and Benefits Continuation Biz

December 6, 2010 (PLANSPONSOR.com) - Fringe Benefits Management Company has announced the sale of its tax favored and benefits continuation administrative services division to WageWorks.

Benefits | December 6th, 2010

To Cut 401(k) Costs, Look at Investment Expenses

December 6, 2010 (PLANSPONSOR.com) - The average total plan cost for a small retirement plan (100 participants) is 1.33%, while the average total plan cost for a large...

Compliance | December 6th, 2010

High Court to Hear Giant Wal-Mart Class Action

December 6, 2010 (PLANSPONSOR.com) – U.S.Supreme Court justices on Monday agreed to hear the controversial class action gender bias suit against Wal-Mart involving 1.5 million women employees.