Guidant Stock Drop Settlement Gets Final OK
September 14, 2010 (PLANSPONSOR.com) – A federal judge in Indiana has given final approval to a $7-million settlement of a stock drop class action case against Guidant Corp.
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Official to Investigate Differing Treatment of Delphi Retirees
September 14, 2010 (PLANSPONSOR.com) – Congressman Christopher Lee (R-New York) announced an independent investigation will commence into the federal government’s treatment of Delphi retirees’ pension plans.
Benefits |
Use of COLAs Dwindling in Salary Changes
September 14, 2010 (PLANSPONSOR.com) – Ninety-four percent of employers in a recent survey said they typically raise employees’ pay when they are promoted, while 92% hand out merit...
Finance Hiring to Increase in Q4 2010
September 14, 2010 (PLANSPONSOR.com) - Hiring in accounting and finance is expected to increase slightly in the fourth quarter, according to the Robert Half Financial Hiring Index.
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SPARK Offers Options for Dealing with 403(b) Providers not Sharing Data
September 14, 2010 (PLANSPONSOR.com) - The SPARK Institute has issued best practices to assist 403(b) plan sponsors dealing with investment providers not able or not willing to share...
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SPARK Issues Final Best Practices for 403(b)s Filing Form 5500
September 14, 2010 (PLANSPONSOR.com) - The SPARK Institute has published the final version of its Best Practices for ERISA-covered 403(b) plans that must file a full Form 5500.
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Benefit Consultants Extends RK Reach
September 13, 2010 (PLANSPONSOR.com) - Warren, Averett, Kimbrough & Marino, LLC, which describes itself as Alabama's largest certified public accounting and business consulting firm, has...
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S&P Launches Dynamic VEQTOR X Index
September 13, 2010 (PLANSPONSOR.com) - Standard & Poor's has launched the S&P 500 Dynamic VEQTOR X Index, a companion strategy index to the S&P 500 Dynamic VEQTOR Index...
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Citi Launches Regulatory and Compliance Services for Hedge and PE Funds
September 13, 2010 (PLANSPONSOR.com) – Citi’s Global Transaction Services unit has launched a suite of Regulatory Administration and Compliance Support Services developed specifically for hedge funds, private equity...
Eaton Vance Appoints New Head of Institutional
September 13, 2010 (PLANSPONSOR.com) - Eaton Vance Corp. has announced the appointment of Scott P. Ruddick as Head of Institutional.
J.P. Morgan Appoints International CIO of Fixed Income
September 13, 2010 (PLANSPONSOR.com) - J.P. Morgan Asset Management has announced the appointment of Nick Gartside to its fixed income investment team as International CIO of Fixed Income.
Benefits |
DB Freezes Continue
September 13, 2010 (PLANSPONSOR.com) – The percentage of Fortune 1000 companies with defined benefit (DB) plans that had not frozen any of them has fallen significantly over the...
Benefits |
Leaders of ESOP Companies Still Support Employee Ownership
September 13, 2010 (PLANSPONSOR.com) - Even though ESOPs were not immune to impacts of the recent recession, leaders of ESOP companies still feel strongly that their company is...
More DB Plans Using Alternative Investments
September 13, 2010 (PLANSPONSOR.com) - An SEI Quick Poll shows a significant increase in the percentage of pension portfolios investing in alternatives, when compared to the previous two...
Spa Owner Charged with Retirement Fund Embezzlement
September 13, 2010 (PLANSPONSOR.com) – The owner of a Pasadena, California, spa and salon has been charged with embezzling more than $26,000 withheld from employee paychecks for a...
Great-West Turns to Morrison in Sales Director Role
September 13, 2010 (PLANSPONSOR.com) – Great-West Retirement Services has promoted Dan Morrison, a 10-plus year sales and service veteran, as regional director of national accounts for its Rocky...
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Economy Takes a Toll on Retirement Planning Process
September 13, 2010 (PLANSPONSOR.com) – Ameriprise Financial’s second New Retirement Mindscape study finds significant changes compared to 2005 among those three to five years away from retirement.
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Transamerica Adds to Investment Lineup
September 13, 2010 (PLANSPONSOR.com) – Transamerica Retirement Services has expanded its lineup of available investment choices and investment styles for the small- and mid-sized plan markets
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Benefit Advisors Network Offers Health Care Reform Resource
September 13, 2010 (PLANSPONSOR.com) - Benefit Advisors Network (BAN) has developed a national health care reform resource for BAN members and their clients which provides legal expertise and...
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Government Workers Also Feeling Retirement Pressure
September 13, 2010 (PLANSPONSOR.com) – Sixty-one percent of state and local government employees in a recent poll said they are unsure or uncomfortable about their ability to set...