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Benefits | August 2nd, 2010

Judge Moves Forward Virginia Lawsuit over Health Care Reform

August 2, 2010 (PLANSPONSOR.com) - A federal judge Monday refused to dismiss a Virginia lawsuit challenging the constitutionality of the federal health care law.

Products | August 2nd, 2010

Invesco PowerShares Selects New Index for Bond Fund

August 2, 2010 (PLANSPONSOR.com) - Invesco PowerShares announced that effective August 2, 2010, the PowerShares High Yield Corporate Bond Portfolio (PHB) began tracking the RAFI High Yield Bond...

Deals and People | August 2nd, 2010

Bloomberg Appoints NYC’s First Chief Investment Adviser

August 2, 2010 (PLANSPONSOR.com) - Mayor Michael Bloomberg is appointing the city's first chief investment adviser.

Administration | August 2nd, 2010

DB Funding Relief Great but Temporary

August 2, 2010 (PLANSPONSOR.com) – Defined benefit sponsors have the potential to receive billions of dollars in temporary pension funding relief as a result of legislation signed into...

Benefits | August 2nd, 2010

Mets Management Beaned by 401(k) Suit

August 2, 2010 (PLANSPONSOR.com) – The owner of the New York Mets has been sued for the role he allegedly played in wiping out a participant’s...

Compliance | July 30th, 2010

DoL Wants a Post-PPACA Look at Welfare Regs

July 30, 2010 (PLANSPONSOR.com) – With the passage of health care reform, the Labor Department wants to take another look at proposed regulations on welfare...

Administration | July 30th, 2010

CFOs More Cautious Due to Financial and Health Care Reform

July 30, 2010 (PLANSPONSOR.com) – Chief Financial Officers are expressing less confidence and more caution, with realizations that the U.S. economy and their own businesses may still be...

Compliance | July 30th, 2010

DoL Says no Extension to Form 5500 Deadline

July 30, 2010 (PLANSPONSOR.com) - The Department of Labor has decided not to grant a blanket extension for filers of Form 5500 and Form 5500-SF.

Compliance | July 30th, 2010

The IRS to Issue a How-To for PRA Funding Relief Elections

July 30, 2010 (PLANSPONSOR.com) – The Internal Revenue Service (IRS) said it will be issuing detailed guidance about the special funding rules for single-employer defined benefit plans in the...

Benefits | July 30th, 2010

Flextime Popular in Workplaces

July 30, 2010 (PLANSPONSOR.com) - Most employers surveyed by BLR (88%) offer at least some form of flextime.

Administration | July 30th, 2010

Less Active Investors Seeking Help

July 30, 2010 (PLANSPONSOR.com) - Fidelity Investments has released research data that finds varying investor reaction and behavior to the ongoing market volatility.

Administration | July 30th, 2010

MA Pension Program Enjoys 12.8% Return in FY 2010

July 30, 2010 (PLANSPONSOR.com) – The Massachusetts Pension Reserves Investment Management (PRIM) Board announced that its Pension Reserves Investment Trust Fund (PRIT) enjoyed a 12.8%-return for the 2010...

Benefits | July 30th, 2010

South Africans Show Indifference about Pensions

July 30, 2010 (PLANSPONSOR.com) – A survey finds that South African employees don’t know what is happening with their pensions, and many do not care.

Administration | July 30th, 2010

NY Judge Tosses Some Morris Pay to Play Charges

July 30, 2010 (PLANSPONSOR.com) – While the array of charges against political consultant Hank Morris in a New York state pension pay-to-play case has been pared down, Morris...

Benefits | July 30th, 2010

Compensation Costs up Slightly in 2nd Quarter

July 30, 2010 (PLANSPONSOR.com) - Compensation costs for civilian workers increased 0.5%, seasonally adjusted, for the three-month period ending June 2010, the U.S. Bureau of Labor Statistics reported.

Benefits | July 30th, 2010

Department Store Fired Jehovah’s Witness for not Wearing Santa Outfit

July 30, 2010 (PLANSPONSOR.com) - The U.S. Equal Employment Opportunity Commission (EEOC) says department store chain Belk, Inc. unlawfully discriminated against an employee by failing to accommodate her...

Products | July 30th, 2010

Janus Announces Co-Managed Income Fund

July 30, 2010 (PLANSPONSOR.com) – Janus Capital Group has unveiled the Perkins Value Plus Income Fund (JPVAX).

Deals and People | July 29th, 2010

Greenwich Investment Management Gets New President

July 29, 2010 (PLANSPONSOR.com) - Greenwich Investment Management, Registered Investment Advisors, announced that Lawrence W. Doyle has been appointed President and Chief Operating Officer.

Products | July 29th, 2010

Administaff Acquires Time and Attendance Solutions Provider

July 29, 2010 (PLANSPONSOR.com) - Administaff, Inc., a provider of human resources services for small and medium-sized businesses, has acquired the assets and operations of Galaxy Technologies, Inc.,...

Benefits | July 29th, 2010

HR Managers Wary of Fidgeting Job Candidates

July 29, 2010 (PLANSPONSOR.com) – Job seekers with shifty eyes, reluctant smiles, or fidgety limbs during an interview may be hurting their chances of landing a job.