Changes Included in Final Healthcare Law
March 30, 2010 (PLANSPONSOR.com) – Now that healthcare reform is officially the law of the land, employers will be scrambling to better understand what they have...
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Benefits |
Retirement Savings Picture for Early Boomers not that Bad
March 30, 2010 (PLANSPONSOR.com) – A new report indicates that while Early Boomers lost a lot of money ($1 trillion) during the economic downturn they have already recovered...
High Court Sides with Investors in Fee Case
March 30, 2010 (PLANSPONSOR.com) – The U.S. Supreme Court has ordered a federal appellate court to take another look at its ruling that mutual fund managers can only be...
Benefits |
Bank of America and Merrill Lynch Accused of Gender Discrimination
March 30, 2010 (PLANSPONSOR.com) - Three female financial advisers have filed a lawsuit charging gender discrimination at Bank of America and Merrill Lynch.
Benefits |
Participant Actions (or Lack Thereof) Helped Mitigate Downturn's Damage
March 30, 2010 (PLANSPONSOR.com) - New Vanguard research suggests that retirement plan participants, either as a result of conscious resolve or inertia, mitigated the recent economic downturn's damage...
Products |
Mercer to Expand Investment Management to Asia/Pacific
March 30, 2010 (PLANSPONSOR.com) - Stephen Roberts will join Mercer as regional business leader for investment management in the Asia/Pacific region, effective April 19.
S.C. Johnson Cleared for Cash Balance Backloading
March 30, 2010 (PLANSPONSOR.com) – S.C. Johnson & Sons Inc. was cleared of wrongdoing in connection with allegations it backloaded its cash balance pension plan.
Products |
The Principal Offers Enhanced Services for Advisers
March 30, 2010 (PLANSPONSOR.com) - The Principal Financial Group announced an enhanced platform of tools, services, and pricing designed to give financial professionals the choice and flexibility they...
GM Pension Plan Exec Steps Down
March 30, 2010 (PLANSPONSOR.com) - The executive in charge of managing pension plan assets for General Motors Co. is leaving the company.
Agency Reaffirms Illinois' Bond Ratings
March 30, 2010 (PLANSPONSOR.com) - The Illinois Governor’s Office of Management and Budget has announced that both Moody’s and Standard & Poor's have reaffirmed the state’s long-term bond...
Fiduciary Breach Claims Dismissed for KV Pharmaceutical
March 30, 2010 (PLANSPONSOR.com) – A federal court has dismissed claims by employees of KV Pharmaceutical Co. that the company breached its fiduciary duties by continuing to offer...
NYLife Retirement Adds to Sales Staff
March 30, 2010 (PLANSPONSOR.com) - New York Life Retirement Plan Services, has just added three new executives to its sales organization.
Products |
SSgA Ties Up with Nuveen on Municipal ETFs
March 30, 2010 (PLANSPONSOR.com) - State Street Global Advisors (SSgA), the investment management business of State Street Corporation, has entered into an agreement with Nuveen Investments...
Former Brocade CEO Found Guilty in Options Backdating Suit Retrial
March 30, 2010 (PLANSPONSOR.com) - A federal jury on Friday convicted former Brocade CEO Gregory Reyes on nine out of 10 felony counts relating to the backdating of...
Products |
Artisan Funds Launches Global Equity Fund
March 30, 2010 (PLANSPONSOR.com) - Artisan Funds has announced the launch of Artisan Global Equity Fund (ARTHX).
Benefits |
GenCorp to Restart Match Contributions
March 30, 2010 (PLANSPONSOR.com) – GenCorp Inc. is reinstating the employer match feature for the 401(k) plan for non-union employees starting this summer.
UK Pensions Regulator Announces Three-year Agenda
March 30, 2010 (PLANSPONSOR.com) - Preparing for automatic enrolment, improving standards of governance and administration, and filling deficits as soon as reasonably affordable are among the top priorities...
ASPPA Asks for Relief for Plans Falling out of ERISA Safe Harbor
March 30, 2010 (PLANSPONSOR.com) – The American Society for Pension Professionals and Actuaries has requested transitional relief for 501(c)(3) organizations offering 403(b) plans that have found themselves inadvertently...
Products |
Northern Trust Offers IFRS Valuation Toolkit
March 29, 2010 (PLANSPONSOR.com) - Northern Trust has created an “IFRS Valuation Toolkit” to assist institutional clients with the additional fair value measurement disclosures required by the International...
PBGC Takes on Indalex Pension Plans
March 29, 2010 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation (PBGC) has assumed responsibility for four underfunded pension plans covering nearly 3,100 former workers and retirees of Indalex...