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Compliance | July 12th, 2010

EBSA Announces Fiduciary Seminar in Indianapolis

July 12, 2010 (PLANSPONSOR.com) - The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) is taking its “Getting It Right – Know Your Fiduciary Responsibilities” seminar to...

Deals and People | July 12th, 2010

Commonfund Announces Hires for Development of New Markets

July 12, 2010 (PLANSPONSOR.com) - Commonfund announced some additions and changes to its leadership team to correspond with strategic lines of growth.

Products | July 12th, 2010

S&P Unveils Consumer Lending Index

July 12, 2010 (PLANSPONSOR.com) – Standard & Poor's has launched the S&P Consumer Leveraged Finance Index.

Products | July 12th, 2010

John Hancock Relaunches Adopted Mid Cap Value Fund

July 12, 2010 (PLANSPONSOR.com) - John Hancock Funds has completed the adoption of the Robeco Boston Partners Mid Cap Value Fund and has launched it as the newly...

Administration | July 12th, 2010

Alternatives Holdings by Pensions Pegged at $817B

July 12, 2010 (PLANSPONSOR.com) – Alternative assets under management (AuM) on behalf of pension funds by the world’s largest alternative investment managers remained unchanged in 2009 compared to...

Products | July 12th, 2010

Brinker Capital to Launch Absolute Return Portfolio within SMA

July 12, 2010 (PLANSPONSOR.com) - Brinker Capital has announced plans to launch an absolute return portfolio embedded in a separately managed account (SMA) format.

Products | July 12th, 2010

Rydex Announces Four Additions to Alternative Investments Lineup

July 12, 2010 (PLANSPONSOR.com) - Rydex|SGI has introduced four mutual funds “that may help investors weather the ups and downs of challenging market environments.”

Products | July 12th, 2010

Virtus Launches New AlphaSector Fund

July 12, 2010 (PLANSPONSOR.com) - Virtus Investment Partners has launched the Virtus Premium AlphaSector Fund (Class A: VAPAX), an extension of Virtus' AlphaSector product suite that is subadvised...

Administration | July 12th, 2010

Pension Shortfall Closer to Record

July 12, 2010 (PLANSPONSOR.com) – The deficit in pension plans sponsored by S&P 1500 companies reached $451 billion at the end of June, $1 billion short...

Deals and People | July 12th, 2010

MSIM Announces CIO of Global Fixed Income

July 12, 2010 (PLANSPONSOR.com) - Morgan Stanley Investment Management (MSIM) has announced the appointment of Michael Kushma as Chief Investment Officer of Global Fixed Income.

Investing | July 12th, 2010

Depositary Receipt Investors Seek Growth Outside U.S.

July 12, 2010 (PLANSPONSOR.com) - American and global depositary receipt (DR) trading volume increased 8.3% to 78.1 billion DRs during the first six months of 2010, according to...

Deals and People | July 12th, 2010

Paychex President and CEO to Resign

July 12, 2010 (PLANSPONSOR.com) - The Board of Directors of Paychex, Inc. announced the resignation of Jonathan J. Judge as president and chief executive officer, effective July 31,...

Compliance | July 12th, 2010

Court Finds D.C. Law Regarding PBMs Pre-empted by ERISA

July 12, 2010 (PLANSPONSOR.com) – A federal appeals court has found that a law passed by the District of Columbia intended to regulate pharmacy benefit managers (PBM) is...

Compliance | July 12th, 2010

Senate Committee to Hold Hearing on Working in Retirement

July 12, 2010 (PLANSPONSOR.com) - The U.S. Senate Finance Committee will hold a hearing July 15 on “Choosing to Work During Retirement and the Impact on Social Security.”

Benefits | July 12th, 2010

NYPD Accused of Cheating Army Reservist in Pension Calculation

July 12, 2010 (PLANSPONSOR.com) - The Manhattan U.S. Attorney’s office is suing the New York Police Department for allegedly cheating a retired detective out of pension benefits for...

Products | July 12th, 2010

BREAKING NEWS: Hewitt Associates, Inc. to Merge with Aon Corporation

July 12, 2010 (PLANSPONSOR.com) – Two giants in the benefit consulting space have decided to join forces.

Administration | July 12th, 2010

2009 Respite Brief for S&P 500 Pensions: Report

July 12, 2010 (PLANSPONSOR.com) - The 34% global market rebound of 2009, while a welcome respite, only slightly improved the funding status of S&P 500 pension plans, according...

Administration | July 9th, 2010

Ex-Employee of Defunct Bank Files Stock Drop Case

July 9, 2010 (PLANSPONSOR.com) – A former participant in the 401(k) and employee stock ownership plan (ESOP) of a now-defunct Lincoln, Nebraska-based bank has filed a stock...

Benefits | July 9th, 2010

401(k) Participants not as Knowledgeable as Employers Think

July 9, 2010 (PLANSPONSOR.com) – A new survey reveals that 401(k) participants don’t know as much about plan fees and investing as employers think they do.

Compliance | July 9th, 2010

HHS Moves to Strengthen HIPAA

July 9, 2010 (PLANSPONSOR.com) – As part of what officials describe as an effort to drive health data technology advancements while protecting personal privacy rights, a federal...