Latest News

Compliance |

PBGC Steps In for Maine Paper Mill Plan

August 31, 2010 (PLANSPONSOR.com) – The Pension Benefit Guaranty Corporation (PBGC) has assumed responsibility for the underfunded pension plan covering more than 2,300 former employees and retirees of...
Benefits |

Women Want Retirement Education Improvement

August 31, 2010 (PLANSPONSOR.com) – While many women in a recent survey admitted they lack an understanding of the fundamentals of retirement investing, that doesn’t mean they no...
Benefits |

Schwab Finds Pre-Retirees not Panicked

August 31, 2010 (PLANSPONSOR.com) - The Charles Schwab Q3 Retirement Survey finds 54% of baby boomers ages 50 to 60 do not expect to delay their planned retirement...
Investing |

529 Plan Assets Down 4.9% in Q210

August 31, 2010 (PLANSPONSOR.com) – Total assets in 529 college savings plan fell to an estimated $117 billion as of the second quarter of 2010, reflecting a 4.9%...
Products |

CPI Adds FDIC-Covered Account to DC Platform

August 31, 2010 (PLANSPONSOR.com) –  CPI Qualified Plan Consultants, a third-party recordkeeping and administration company, has added The Bancorp Bank Master Demand Account (MDA) to the CPI retirement...
Compliance |

Pfizer Cleared in Stock Options Suit

August 31, 2010 (PLANSPONSOR.com) – Pfizer Inc. did not breach its Employee Retirement Income Security Act (ERISA) responsibilities by giving an employee incorrect information about her stock options...
Deals and People |

Hartford Makes Mid-Market Moves

August 30, 2010 (PLANSPONSOR.com) - With the introduction of several new initiatives and a new VP, The Hartford Financial Services Group plans to grow their middle market retirement...
Compliance |

Court Dismisses BofA Stock Drop Case

August 30, 2010 (PLANSPONSOR.com) – A federal judge has tossed out a stock drop case against Bank of America (BofA) that had alleged numerous fiduciary breaches in connection with...