Latest News

Benefits |

Some Continue Savings Cutbacks to Get By

September 1, 2010 (PLANSPONSOR.com) – Twenty-one percent of respondents to a new CareerBuilder survey say they have had to make ends meet in the last year by cutting...
Administration |

Pension Funding Tumbles to Record Low

September 1, 2010 (PLANSPONSOR.com) – U.S. pension plan funded positions have fallen to historic lows during August because of simultaneously falling equity markets and interest rates, according to...
Benefits |

WaMu to Settle Stock Drop Suits for $49M

September 1, 2010 (PLANSPONSOR.com) - A federal court has given preliminary approval of a settlement that would resolve lawsuits alleging breaches of fiduciary duties under the Employee Retirement...
Deals and People |

Barbour Comes Onboard at Mercer

September 1, 2010 (PLANSPONSOR.com) – Mercer has turned to Michael Barbour as Partner for its Health and Benefits consulting business in its Houston office, a new position.
Benefits |

Work/Life Balance Still a Concern for Many

September 1, 2010 (PLANSPONSOR.com) – Some 89% of respondents to a recent poll said work/life balance is an issue in their lives, including 54% who termed it a "significant...
Benefits |

Workers Gaining Back Some Retirement Confidence

September 1, 2010 (PLANSPONSOR.com) - Older workers’ confidence in their ability to retire comfortably has rebounded modestly in the past year, although confidence levels remain well below those...
Administration |

Small Firms Rev Up Hiring Plans

September 1, 2010 (PLANSPONSOR.com) – A new Q210 survey of private company executives finds 54% planning to add staff over the next year – up slightly from the previous...
Benefits |

MassMutual Participants Hang Tight in Q2

August 31, 2010 (PLANSPONSOR.com) - MassMutual's Retirement Services Division has released data for the second quarter, but didn’t find much sign of movement, despite the...

Compliance |

Lawmakers: Keep 408(b)(2) Disclosures Simple

August 31, 2010 (PLANSPONSOR.com) – A letter to the U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) from five key lawmakers urges the agency to require service...
Compliance |

Visteon to Keep Pension Plans Running

August 31, 2010 (PLANSPONSOR.com) – A U.S Bankruptcy Court has approved a reorganization plan for auto-part supplier Visteon that will see all of the company’s pension plans remain...