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Benefits | July 9th, 2010

Millenials Redefining Ethics in the Workplace

July 9, 2010 (PLANSPONSOR.com) - American workers between the ages of 18 and 29 (Millennials) have more in common with older co-workers when it comes to workplace ethics...

Products | July 9th, 2010

Gallagher Offers Retirement Plan Committee Best Practices

July 9, 2010 (PLANSPONSOR.com) - Gallagher Retirement Services is hosting a Webcast on retirement plan committee best practices.

Administration | July 9th, 2010

Institutional Investment Managers Lower Growth Expectations

July 9, 2010 (PLANSPONSOR.com) - Institutional investment managers have moderated their expectations for global growth in the face of European debt concerns, according to a quarterly survey conducted...

Administration | July 9th, 2010

Newspaper Pension Plans Blocked from Delaying Reorganization

July 9, 2010 (PLANSPONSOR.com) - A federal judge has rejected a move by employee pension plans at The Philadelphia Inquirer and the Philadelphia Daily News to delay the...

Benefits | July 9th, 2010

MA Business Owner Misused Retirement Plan Money

July 9, 2010 (PLANSPONSOR.com) - A business owner in Holyoke, Massachusetts, has pleaded guilty to embezzling $45,000 from his employees' retirement plan.

Compliance | July 9th, 2010

Court Rules for Retirees on Health Benefits

July 9, 2010 (PLANSPONSOR.com) – Retirees from a Sturgis, Michigan, manufacturing facility are entitled to employer-paid health benefits for the rest of their lives, a federal judge...

Deals and People | July 8th, 2010

401(k) Advisors Opens Orlando Office

July 8, 2010 (PLANSPONSOR.com) – Independent retirement consulting firm 401(k) Advisors has announced the opening of an office in Orlando, Florida, under the leadership of...

Benefits | July 8th, 2010

Some Workers Using Recession to Get Healthy

July 8, 2010 (PLANSPONSOR.com) – It can sometimes be hard to find a silver lining in tough economic times, but a new CareerBuilder survey suggests at least...

Benefits | July 8th, 2010

Exterminator Forced Pregnant Employee to Take Leave, then Fired Her

July 8, 2010 (PLANSPONSOR.com) - Major exterminator Terminix International will pay $80,000 to settle a pregnancy discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the...

Benefits | July 8th, 2010

TX Power Company Adds ESOP

July 8, 2010 (PLANSPONSOR.com) – A Houston, Texas-based retail electricity provider has announced the creation of an employee stock ownership plan (ESOP).

Administration | July 8th, 2010

Cuomo Levels ‘Pension Padding’ Charges

July 8, 2010 (PLANSPONSOR.com) – Workers in some New York state public agencies “dramatically” increase their overtime in their last few years of work to “significantly” pump...

Benefits | July 8th, 2010

Research Shows Retirement Income Adequacy Lacking at Large Firms

July 8, 2010 (PLANSPONSOR.com) – A study of 84 large employers from Hewitt Associates finds that employees who contribute to their savings plans over a full career are...

Deals and People | July 8th, 2010

BofA Merrill Lynch Adds Two to Retirement Team

July 8, 2010 (PLANSPONSOR.com) - Bank of America Merrill Lynch has expanded its Retirement & Philanthropic Services (RPS) group with the addition of two new members, one focused...

Products | July 8th, 2010

Interactive Data Provides Analytics for Bulletshares Indices

July 8, 2010 (PLANSPONSOR.com) - Interactive Data Corporation has announced that it is providing end-of-day index values as well as analytics capabilities for ten of Accretive Asset Management,...

Compliance | July 8th, 2010

EBSA Announces Health Benefits Compliance Seminar in Omaha

July 8, 2010 (PLANSPONSOR.com) – The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) and the Nebraska Department of Insurance will host a free health law compliance assistance...

Administration | July 8th, 2010

UBS Data Shows Pension Funding Declined 11% in Q210

July 8, 2010 (PLANSPONSOR.com) - The UBS Global Asset Management US Pension Fund Fitness Tracker found the typical pension plan’s funding ratio dropped by approximately 11% during the...

Benefits | July 8th, 2010

Mercer Data Indicates Auto Plan Features Lead to Higher Balances

July 8, 2010 (PLANSPONSOR.com) - An analysis of Mercer’s database of 1.2 million defined contribution plan participants suggests that participants who utilized automatic rebalancing and automatic deferral increase...

Administration | July 8th, 2010

Private Equity Fundraising Down in 2010

July 8, 2010 (PLANSPONSOR.com) – U.S. private equity fundraising fell to $45.1 billion during the first half of 2010, down 26% from $61.2 billion raised...

Benefits | July 8th, 2010

Employers Know Workplace Stress Can Hurt Them

July 8, 2010 (PLANSPONSOR.com) – Employers in a recent poll said they were well aware of how much workplace stress can hurt their organizations and are moving...

Products | July 8th, 2010

Russell Launches Multi-Manager Commodity Strategies Fund

July 8, 2010 (PLANSPONSOR.com) - Russell Investments has launched what it says is the first U.S. multi-manager mutual fund with a specific commodities mandate.