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Compliance | September 27th, 2010

Bill to Repeal FOIA Exemption for SEC Goes to White House

September 27, 2010 (PLANSPONSOR.com) – The U.S. House of Representatives has voted to overturn part of the recent financial reform bill exempting under the Freedom of Information Act...

Benefits | September 27th, 2010

Positive Economic Outlook Doesn’t Mean Positive Personal Outlook

September 27, 2010 (PLANSPONSOR.com) - Mercer’s Outsourcing business’ annual Mercer Workplace Survey revealed that while participants in employer-sponsored benefit plans are optimistic about the direction of the U.S....

Benefits | September 27th, 2010

Toronto Presents the Lowest People Risk for Employers

September 27, 2010 (PLANSPONSOR.com) - Toronto is the city with the lowest risk in the world to recruit, employ and relocate employees, according to Aon Consulting.

Compliance | September 27th, 2010

Emotional Distress Claim not Barred by Workers’ Comp Exclusive Remedy Provision

September 27, 2010 (PLANSPONSOR.com) – A California appeals court has found that a California worker’s common law claim for infliction of emotional distress resulting from a supervisor’s harassment...

Benefits | September 27th, 2010

2011 Health Cost Hikes Highest in Five Years

September 27, 2010 (PLANSPONSOR.com) – Employers can expect an average 8.8% health coverage increase in 2011, up from 6.9% in 2010 and the highest level in five years,...

Benefits | September 27th, 2010

EEOC Sues DHL over Race Bias Allegations

September 27, 2010 (PLANSPONSOR.com) – The U.S. Equal Employment Opportunity Commission (EEOC) has filed a race discrimination lawsuit against package delivery service DHL Express, Inc.

Products | September 27th, 2010

Colonial Surety Expands Pension Insurance Options

September 27, 2010 (PLANSPONSOR.com) – Pension professionals looking to obtain fiduciary liability insurance or E&O coverage have a new source.

Administration | September 24th, 2010

Foundation Faults SEC in Madoff Scam

September 24, 2010 (PLANSPONSOR.com) – A charitable foundation stung by Bernie Madoff has flung a litigation gauntlet at the feet of an unlikely defendant; the...

Compliance | September 24th, 2010

Plan Loans to be Reported as Notes Receivable

September 24, 2010 (PLANSPONSOR.com) - The Financial Accounting Standards Board (FASB) has unanimously approved its position on how participant loans should be reported on defined contribution plan financial...

Benefits | September 24th, 2010

NC Firm Settles Religious Bias Suit

September 24, 2010 (PLANSPONSOR.com) – A Goldsboro, North Carolina-based construction company will pay $47,500 to settle a religious discrimination lawsuit brought by the U.S. Equal Employment Opportunity Commission...

Administration | September 24th, 2010

Aon-Hewitt Merger to Close in October

September 24, 2010 (PLANSPONSOR.com) - Aon Corporation and Hewitt Associates, Inc. announced that they currently anticipate completing their proposed merger transaction on or about October 1, 2010.

Benefits | September 24th, 2010

Employer Settles with EEOC over Racially Hostile Workplace

September 24, 2010 (PLANSPONSOR.com) - Mineral Met, Inc. (a division of Chemalloy Company) will pay $440,000 and furnish other relief to settle a class race discrimination and retaliation...

Benefits | September 24th, 2010

Higher Ed Health Care Benefit Costs Increased 7% in 2010

September 24, 2010 (PLANSPONSOR.com) – The College and University Professional Association for Human Resources has found the median total premium health care costs for higher education institutions increased...

Compliance | September 24th, 2010

EBSA Offers Health Reform Provisions Enforcement Grace Period

September 23, 2010 (PLANSPONSOR.com) – The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) is offering health plan sponsors and insurers an enforcement grace period for compliance...

Products | September 24th, 2010

Vanguard Switches International Fund Benchmark

September 24, 2010 (PLANSPONSOR.com) – Vanguard plans to change the target benchmark of its Total International Stock Index Fund from the MSCI EAFE + Emerging Markets Index to...

Deals and People | September 24th, 2010

Credit Suisse Commodities Traders to Start Hedge Fund

September 24, 2010 (PLANSPONSOR.com) – An eight-person commodities trading team is reported to be leaving Credit Suisse Group AG to kick off a hedge fund backed by the...

Benefits | September 24th, 2010

Fort Worth City Council Approves Partner Benefits

September 24, 2010 (PLANSPONSOR.com) – Along with its approval of a budget for 2011, the Fort Worth City Council has approved domestic partner benefits for LGBT city employees.

Products | September 24th, 2010

WisdomTree Puts Out Commodity Offering

September 24, 2010 (PLANSPONSOR.com) – WisdomTree, an exchange-traded fund (ETF) sponsor and asset manager, has launched the WisdomTree Dreyfus Commodity Currency Fund (CCX) on the NYSE Arca.

Compliance | September 24th, 2010

Pension Plan Bolstered for Laid Off TN Workers

September 24, 2010 (PLANSPONSOR.com) – The Pension Benefit Guaranty Corporation (PBGC) has worked out an agreement with a Cleveland-based equipment manufacturer to bolster a pension plan for about...

Products | September 24th, 2010

Gallagher Benefit Services Launches Health Reform Decision Tools

September 24, 2010 (PLANSPONSOR.com) - Arthur J. Gallagher & Co. announced that its employee benefit consulting and brokerage operation, Gallagher Benefit Services, Inc. (GBS), has launched a proprietary...