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Benefits | November 17th, 2010

BofA Settles Gender Discrimination Suit

November 17, 2010 (PLANSPONSOR.com) - There has reportedly been a settlement reached in a lawsuit alleging that the bank’s Merrill Lynch unit discriminated against women.

Benefits | November 17th, 2010

GAO Makes Recommendations on Multiemployer Pensions

November 17, 2010 (PLANSPONSOR.com) – The Government Accountability Office (GAO) is asking Congress to consider ways to eliminate duplicative reporting requirements and establish a shared database on multiemployer...

Benefits | November 17th, 2010

Average Employee Earnings Fell from September to October

November 17, 2010 (PLANSPONSOR.com) - Real average hourly earnings for all employees fell 0.1% from September to October, seasonally adjusted, the U.S. Bureau of Labor Statistics reported.

Benefits | November 17th, 2010

Majority of Execs Say Holiday Office Party Worth the Cost

November 17, 2010 (PLANSPONSOR.com) - A new survey by The Creative Group shows a majority (52%) of advertising and marketing executives believe the annual holiday office party is...

Benefits | November 17th, 2010

Employers Adopt CDHPs, Drop HMOs to Rein in Costs

November 17, 2010 (PLANSPONSOR.com) - Growth in the average total health benefit cost per employee rose 6.9% to $9,562 in 2010, compared to 5.5% last year - the...

Benefits | November 17th, 2010

Retiree Medical Plans Continue Decline

November 17, 2010 (PLANSPONSOR.com) - The Mercer National Survey of Employer-Sponsored Health Plans found the prevalence of retiree medical plans slid to its lowest point ever in 2010.

Benefits | November 17th, 2010

Pre-Holiday Distractions Getting Less Bothersome

November 17, 2010 (PLANSPONSOR.com) – Thirty-four percent of senior managers in a recent poll said their employers are less productive during the week before a major holiday.

Benefits | November 17th, 2010

Employer Health Plan Costs Likely to Increase

November 17, 2010 (PLANSPONSOR.com) - The cost of employee health plans is likely to increase in the next six months, according to Wells Fargo Insurance Services' biannual survey...

Compliance | November 16th, 2010

Can a Postcard Furnish an SPD Solution?

November 15, 2010 (PLANSPONSOR.com) – Plan sponsors hoping for a simpler, easier way to satisfy the obligation to furnish summary plan descriptions (SPDs) to participants...

Benefits | November 16th, 2010

Health Group Evaluation Data Shows Mixed Picture

November 16, 2010 (PLANSPONSOR.com) – The latest results from the evalue8 health care evaluation program show a decidedly mixed picture, according to the National Business Coalition on Health...

Administration | November 16th, 2010

NYC Funds Concerned about Foreclosure Handlings

November 16, 2010 (PLANSPONSOR.com) - The trustees of New York City's government pension funds have asked the directors of four major banks to play a bigger role in...

Administration | November 16th, 2010

Hiring and Compensation in Asset Manager Space on the Uptick

November 16, 2010 (PLANSPONSOR.com) - After two years of contraction, hiring in the asset and wealth management industry rebounded in 2010, and compensation is set to show modest...

Administration | November 16th, 2010

A Public GM Gets a Wilshire 5000 Slot

November 16, 2010 (PLANSPONSOR.com) – If General Motors completes its initial public offering on or before, November 19, 2010, it will be added to the Wilshire 5000 Total...

Deals and People | November 16th, 2010

Hand Benefits Announces New Hire for Collective Trust Fund Sales

November 16, 2010 (PLANSPONSOR.com) - Hand Benefits and Trust Company has appointed Martin Campbell to the new position of Senior Consultant Institutional Trust, responsible for collective trust fund sales...

Products | November 16th, 2010

Prescription Solutions Offers Mobile Reminders

November 16, 2010 (PLANSPONSOR.com) - Prescription Solutions, a pharmacy benefits management (PBM) organization and a UnitedHealth Group company, announced two new mobile enhancements to its Web site.

Compliance | November 16th, 2010

EBSA Cracking Down on Contributions not Deposited

November 16, 2010 (PLANSPONSOR.com) - The U.S. Department of Labor's Employee Benefits Security Administration announced a series of enforcement actions to protect more than $7 million for workers...

Products | November 16th, 2010

CPI Adds ETFs to Platform

November 16, 2010 (PLANSPONSOR.com) - CPI Qualified Plan Consultants, Inc. has announced the addition of Exchange Traded Funds (ETFs) to its retirement platform.

Administration | November 16th, 2010

CalPERS Changes Corporate Engagement Strategy

November 16, 2010 (PLANSPONSOR.com) – The California Public Employees’ Retirement System (CalPERS) has adopted a new strategy for engaging underperforming public stock companies through private contacts and proxy...

Deals and People | November 16th, 2010

Goldleaf Partners Announces Expansion

November 16, 2010 (PLANSPONSOR.com) - Goldleaf Partners has announced the expansion of its Regional Sales and Service Center in its Twin Cities Office and the hiring of John...

Benefits | November 16th, 2010

Employer Match a Powerful Motivator for 401(k) Participation

November 16, 2010 (PLANSPONSOR.com) – A Charles Schwab study of 401(k) plans it services found employer matching contributions are the biggest motivating factor for employees to participate in...