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Products | June 28th, 2010

Thomas White Funds Launches Emerging Markets Fund

June 28, 2010 (PLANSPONSOR.com) - Thomas White Funds announced the launch of the Thomas White Emerging Markets Fund (Ticker: TWEMX).

Benefits | June 28th, 2010

Disability Absence Cost Pegged at 8.7% of Payroll

June 28, 2010 (PLANSPONSOR.com) – The combined costs of incidental and extended disability absences are 8.7% of payroll, according to an updated study released Monday.

Products | June 28th, 2010

The Hartford Enhances Group Life Coverage

June 28, 2010 (PLANSPONSOR.com) - The Hartford is launching Life Conversations Express Pay, a new program that accelerates payment of death benefits for consumers protected by group life...

Administration | June 28th, 2010

Asset Management Business Model Changing Since Downturn

June 28, 2010 (PLANSPONSOR.com) – A new study has found that asset management business models are in transition as the industry adapts to dominant investor concerns about liquidity...

Products | June 28th, 2010

Paychex Releases HR Services Offering

June 28, 2010 (PLANSPONSOR.com) – Paychex, Inc. has unviled Paychex HR Solutions, a blended human resource services offering that it says provides business owners with an onsite...

Benefits | June 28th, 2010

Boeing Machinists Accept Move to Put New Workers in 401(k)

June 28, 2010 (PLANSPONSOR.com) - Boeing Co. machinists at a St. Louis fighter-jet plant have accepted a proposed contract that will put new workers into a 401(k) plan.

Administration | June 28th, 2010

NM Fund Ponders Aldus Lawsuit

June 28, 2010 (PLANSPONSOR.com) – The New Mexico Educational Retirement Board has hired two law firms to represent the teachers’ pension fund in a planned lawsuit against...

Compliance | June 28th, 2010

SPD Language Not a Valid Plan Terms Change

June 28, 2010 (PLANSPONSOR.com) – A federal appellate court has ruled that a summary plan description (SPD) could not unilaterally grant a benefit plan administrator the right...

Compliance | June 28th, 2010

Court Approves Settlement in Revenue-Sharing Suit

June 28, 2010 (PLANSPONSOR.com) - A federal judge has approved a $13.8 million revenue-sharing based settlement between a provider and the 401(k) plans it supports,...

Benefits | June 25th, 2010

(Yet) Another Law Firm Targets BP

June 25, 2010 (PLANSPONSOR.com) – Another law firm has launched an “investigation” of the BP 401(k) plan – and they’re apparently looking for potential plaintiffs.

Administration | June 25th, 2010

Ex-Employee Sues BP Over Plan Losses

June 25, 2010 (PLANSPONSOR.com) – An ex-employee of BP Plc has sued the company over losses to BP’s retirement plan caused by the oil rig explosion and...

Compliance | June 25th, 2010

Consulting Firm Charged with Ponzi Scheme

June 25, 2010 (PLANSPONSOR.com) - A Jacksonville, Florida, retirement benefits consulting firm is facing charges it defrauded government employees through an alleged Ponzi scheme, according to the Securities...

Administration | June 25th, 2010

SecLending Still Important for Hedge Funds

June 25, 2010 (PLANSPONSOR.com) – While 56% of the 92 public pension plans recently studied had hedge fund or 130/30 vehicle investments, that does not mean institutional...

Administration | June 25th, 2010

Another Law Firm Investigating BP 401(k) Plan

June 25, 2010 (PLANSPONSOR.com) - Stull, Stull & Brody announced it has started an investigation relating to the 401(k) plans of BP Corporation North America Inc.

Benefits | June 25th, 2010

Retirement Plan Assets Concentrated in Higher Income Families

June 25, 2010 (PLANSPONSOR.com) - Individual account retirement plan assets are concentrated in families with higher family income, according to a report by the non-partisan Employee Benefit Research Institute (EBRI).

Compliance | June 25th, 2010

Obama Signs Pension Relief Bill

June 25, 2010 (PLANSPONSOR.com) – President Obama has signed into law legislation providing pension funding relief for multi-employer and single employer defined benefit plans.

Administration | June 25th, 2010

Portfolio Manager Charged with Stealing from CO PERA

June 25, 2010 (PLANSPONSOR.com) - Denver District Attorney Mitch Morrissey has charged a woman accused of stealing hundreds of thousands of dollars from the Colorado Public Employees' Retirement...

Products | June 25th, 2010

Firms Unveil New Index Series

June 25, 2010 (PLANSPONSOR.com) – Russell Investments and Research Affiliates have agreed to launch a new index series based on the Fundamental Index methodology.

Benefits | June 25th, 2010

PTO Seen as Talent Attraction Tool

June 25, 2010 (PLANSPONSOR.com) – The majority of employers recently polled said they offer paid leave as part of their efforts to attract key talent.

Investing | June 25th, 2010

Global Retirement Assets See Growth in 2009

June 25, 2010 (PLANSPONSOR.com) - Global retirement assets stood at $24 trillion in 2009, up from $21.4 trillion the year before, according to Cerulli’s Quantitative Update: Global Markets...