Latest News

Administration |

CalPERS Makes PE Program Changes

October 11, 2010 (PLANSPONSOR.com) – The California Public Employees' Retirement System (CalPERS) is severing its ties with Pacific Corporate Group (PCG) as part of an ongoing strategic review...
Investing |

ETF Assets Up $84B in September

October 11, 2010 (PLANSPONSOR.com) – U.S. ETF industry assets were up 10.6% or $84.8 billion to $885 billion, in September, according to State Street Global Advisors (SSgA).
Benefits |

Salary Freezes Start to Thaw

October 11, 2010 (PLANSPONSOR.com) – Seventy-six percent of employers that froze pay during the last 18 months have either lifted their pay freezes or plan to do so...
Products |

Invesco to Shutter Ten ETFs

October 8, 2010 (PLANSPONSOR.com) - Invesco PowerShares Capital Management LLC has decided to close ten of its exchange-traded funds (ETFs).

 

Compliance |

Judge Declares HCR Law Constitutional

October 8, 2010 (PLANSPONSOR.com) – In the first ruling on the merits of a health reform law challenge, a federal judge in Michigan has deemed the law constitutional...
Benefits |

National City Settles ERISA Suit for $43M

October 8, 2010 (PLANSPONSOR.com) - A settlement has been preliminarily approved in a consolidated class action lawsuit against National City Corporation, certain of its former officers and directors,...
Benefits |

SHRM Working on ‘Cost Per Hire’ Metric

October 8, 2010 (PLANSPONSOR.com) – The Society for Human Resource Management (SHRM) is reported to be finalizing what could be the first U.S. standard for calculating “cost per...
Administration |

Prudential Clarifies Key Account Structure

George Castineiras, senior vice president of Client Relations and Business Development for Prudential Retirement spoke to PLANSPONSOR to clarify details of Prudential’s new key account team structure.
Administration |

Q310 Pension Funding Down 1%

October 8, 2010 (PLANSPONSOR.com) – The UBS Global Asset Management U.S. Pension Fund Fitness Tracker found that the typical pension plan’s funding ratio dropped by approximately 1% during...