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Products | June 9th, 2010

Vanguard Brings in Wellington to International Explorer Fund

June 9, 2010 (PLANSPONSOR.com) – The board of trustees of Vanguard International Explorer Fund has approved adoption of a multimanager structure and the addition of Wellington Management Company,...

Benefits | June 9th, 2010

Private Companies Foresee Growth, Plan to Hire

June 9, 2010 (PLANSPONSOR.com) – The majority (51%) of private company CEOs express confidence in the U.S. economy for the first time since Q207, according to PricewaterhouseCooper’s Private...

Products | June 9th, 2010

Jackson Lewis Opens Milwaukee Office

June 9, 2010 (PLANSPONSOR.com) – Workplace law firm Jackson Lewis has opened its 46th office in Milwaukee, Wisconsin.

Compliance | June 9th, 2010

Settlement of Fannie Mae Stock Suit Gets Preliminary Approval

June 9, 2010 (PLANSPONSOR.com) – A federal court judge has given preliminary approval to a $7.25-million settlement of an Employee Retirement Income Security Act (ERISA) action against the...

Compliance | June 9th, 2010

Alliant Tagged for Pre PPA Whipsaw Calculation

June 9, 2010 (PLANSPONSOR.com) – Alliant Energy Corp. improperly used a 30-year Treasury rate for whipsaw calculations for lump-sum distributions from its cash balance plan to employees younger...

Compliance | June 9th, 2010

AT&T Cleared in Cash Balance Suit

June 9, 2010 (PLANSPONSOR.com) – A federal judge in New Jersey has ruled that AT&T did not violate the Employee Retirement Income Security Act (ERISA) and the Age...

Deals and People | June 9th, 2010

Strategic Insight Looks to Expand Business Development Team

June 9, 2010 (PLANSPONSOR.com) - Strategic Insight (SI), a provider of research, databases and analysis to over 250 of the largest mutual fund management and distribution...

Benefits | June 8th, 2010

BofA Makes Early Dependent Coverage Change

June 8, 2010 (PLANSPONSOR.com) – Bank of America has started early expansion of health insurance coverage for employees' dependents up to age 26 in advance of the government...

Investing | June 8th, 2010

401(k) Participants Retreat from Equities in May

June 8, 2010 (PLANSPONSOR.com) - As the Dow Jones Industrial Average slid more than 7% in May, 401(k) participant transfers became strongly fixed income-oriented, according to the results...

Products | June 8th, 2010

TIAA-CREF Releases Spanish Web Site

June 8, 2010 (PLANSPONSOR.com) – TIAA-CREF has unveiled its Spanish-language initiative to increase U.S. Hispanics/Latinos’ access to retirement-planning information and tools, including a new Spanish-language Web site.

Compliance | June 8th, 2010

PBGC Unveils Premium Filing Checkbox Relief

June 8, 2010 (PLANSPONSOR.com) – The Pension Benefit Guaranty Corporation (PBGC) announced on Tuesday that it will provide relief to certain premium filers who used the available premium...

Products | June 8th, 2010

Putnam Adds Asset Allocation Tool to Retirement Platform

June 8, 2010 (PLANSPONSOR.com) – Putnam Investments has added an asset allocation application to its Lifetime Income Analysis Tool, its retirement planning platform.

Investing | June 8th, 2010

ETF Assets Drop $46B in May

June 8, 2010 (PLANSPONSOR.com) – ETF industry assets fell $46 billion for the month of May, or 5.5%, according to State Street Global Advisors’ ETF Snapshot.

Products | June 8th, 2010

Mercer Launches Rewards and Talent Management Solution

June 8, 2010 (PLANSPONSOR.com) - Mercer has announced the global launch of Human Capital Connect, powered by Peopleclick Authoria, a comprehensive rewards and talent management consulting and technology...

Deals and People | June 8th, 2010

Mitchem Tapped for SSgA DC Post

June 8, 2010 (PLANSPONSOR.com) – State Street Global Advisors (SSgA) has appointed Kristi Mitchem to senior managing director and global head of its defined contribution business.

Benefits | June 8th, 2010

EBRI Sees Retiree Health Coverage Subsidy Cash Depletion

June 8, 2010 (PLANSPONSOR.com) – The $5 billion set aside to fund an employer subsidy of early retiree health care benefits will only last for two years if...

Products | June 8th, 2010

EASi Launches Stock Plan Exercise Wizard

June 8, 2010 (PLANSPONSOR.com) - Equity Administration Solutions, Inc. (EASi) has launched an equity compensation plan exercise wizard with a design that anticipates the different needs that a...

Administration | June 8th, 2010

Financial Professionals Still not Getting Salary Bump

June 8, 2010 (PLANSPONSOR.com) - A majority of financial professionals are still not receiving salary increases, according to a survey conducted by Financial Executives Research Foundation.

Compliance | June 8th, 2010

Failure to Mention Benefit Option Explained in SPD no Fiduciary Breach

June 8, 2010 (PLANSPONSOR.com) – The U.S. District Court for the Western District of Wisconsin has found that an employer did not breach its fiduciary duties by failing...

Benefits | June 8th, 2010

Almost 1M Employees Able to Cover Adult Children Early

June 8, 2010 (PLANSPONSOR.com) - A new survey by Hewitt Associates finds that approximately 950,000 workers will be able to cover adult children up to age 26 under...