PBGC Takes Over Alabama Bank Pension Plan
April 30, 2010 (PLANSPONSOR.com) – The nation’s private sector pension insurer has taken over an underfunded pension program from a Montgomery, Alabama, banking company.
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Benefits |
Comp Costs Tick Up in Q110
April 30, 2010 (PLANSPONSOR.com) – Civilian workers compensation costs were up a seasonally adjusted 0.6% in the first quarter, the U.S. Bureau of Labor Statistics (BLS) reported.
More ETF Types Spring up as Demand Increases
April 30, 2010 (PLANSPONSOR.com) – As demand for ETFs has grown, ETF sponsors have offered more funds with a greater variety of investment objectives, according to the 2010...
Investment Companies See Growth in 2009
April 30, 2010 (PLANSPONSOR.com) - U.S.-registered investment companies managed $12.2 trillion at year-end 2009, a $1.8 trillion increase from year-end 2008.
Benefits |
CT Senate Approves Workers’ Comp for Animal Attack Victims
April 30, 2010 (PLANSPONSOR.com) – Connecticut state senators have approved a bill allowing law enforcement officers to receive workers’ compensation benefits after suffering a life-threatening animal attack.
Advisers Number One Source for Mutual Funds outside of Retirement Plans
April 30, 2010 (PLANSPONSOR.com) - Eighty percent of households that owned funds outside a workplace retirement plan held funds purchased through a professional adviser, according to the 2010...
Benefits |
Mutual Funds Primarily Used for Retirement Savings
April 30, 2010 (PLANSPONSOR.com) – In 2009, 76% of mutual fund–owning households indicated that their primary financial goal for their fund investments was saving for retirement, according to...
Benefits |
Survey Finds Employers Bringing Back Laid Off Workers
April 30, 2010 (PLANSPONSOR.com) - According to an updated survey by CareerBuilder, 51% of workers who were laid off in the last three months have found new full-time...
Benefits |
Poll Find Many Still Queasy About Equities
April 29, 2010 (PLANSPONSOR.com) – A majority of Americans have a false perception of how stock market investments fared last year, and are still uneasy about investing in...
Products |
Benefit Plan Solutions Offers Problem Solving and Plan Design Services
April 29, 2010 (PLANSPONSOR.com) - Benefit Plan Solutions has announced its newest service offering, DC Solutions.
Brookman and Butler Tapped for Morgan Stanley Smith Barney Posts
April 29, 2010 (PLANSPONSOR.com) – Morgan Stanley Smith Barney’s Consulting Group has named Marc J. Brookman as Director of Sales and Thomas Butler as Head of Products and...
Products |
Clark Capital Offers Asset Allocation Models, Fiduciary Services
April 29, 2010 (PLANSPONSOR.com) – Clark Capital Management Group offers risk-based asset allocation models designed to protect 401(k) participants from dramatic declines.
Benefits |
Trade Group Announces More Insurers To Stop Dropping Coverage for Sick
April 29, 2010 (PLANSPONSOR.com) - Health insurers will no longer revoke customers' coverage once they get sick, as part of an industrywide ban on a practice known as...
Benefits |
Salary Most Common Eligibility for Incentives
April 29, 2010 (PLANSPONSOR.com) – A new Towers Watson study of incentive plan designs shows executive-only incentive programs are now the exception rather than the rule and that...
Products |
Nile Capital Management Launches Pan Africa Mutual Fund
April 29, 2010 (PLANSPONSOR.com) - Nile Capital Management, LLC, has announced the launch of the Nile Pan Africa Fund, an actively managed mutual fund to focus exclusively on...
New IASB Proposal Could Increase Scrutiny of Risks Taken by DB Plans
April 29, 2010 (PLANSPONSOR.com) - The International Accounting Standards Board (IASB) on Thursday issued its exposure draft on accounting for defined benefit (DB) pension plans.
Benefits |
U.K. Sponsors Dragging Feet in Implementing Auto-Enrollment
April 29, 2010 (PLANSPONSOR.com) - Despite the considerable preparations necessary to implement auto enrollment, only a small proportion of U.K. employers appear to have taken steps to implement...
Products |
New ProShares ETFs Offer Exposure to Overseas Indexes
April 29, 2010 (PLANSPONSOR.com) – ProShares has launched U.S. ETFs designed to provide magnified exposure to indexes covering Europe, Pacific ex-Japan, Brazil, and Mexico.
Hewitt Announces U.S. Investment Consulting New Hires
April 29, 2010 (PLANSPONSOR.com) - Hewitt Associates has expanded its U.S. Investment Consulting practice with the addition of six new consultants.
COBRA Subsidy Challenge Gets Derailed
April 29, 2010 (PLANSPONSOR.com) – A federal judge in Washington has ruled that employees suing to force an employer to allow a Consolidated Omnibus Budget Reconciliation Act (COBRA)...