5th Circuit Vacates Punitive Award in Xerox Retaliation Case
March 29, 2010 (PLANSPONSOR.com) - The 5th U.S. Circuit Court of Appeals has vacated a district court jury’s decision to award punitive damages to an employee who filed...
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Court Finds Fraud Allegation not Barred by Worker's Comp Law
March 29, 2010 (PLANSPONSOR.com) – The Oregon Court of Appeals has ruled that an injured worker’s lawsuit alleging his employer committed fraud is not barred by the exclusive...
COBRA Subsidy Extension not Passed Before Lawmakers' Recess
March 29, 2010 (PLANSPONSOR.com) - The Senate adjourned Friday for a two-week recess without taking action on a bill that would temporarily extend federal COBRA health insurance premium...
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RLP Capital Launches The Green 401k
March 29, 2010 (PLANSPONSOR.com) – RLP Capital, Inc. has launched The Green 401k, offering companies the flexibility to choose from over 130 socially responsible mutual funds as well...
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Abel/Noser Announced Launch of Customized Algorithm Platform
March 29, 2010 (PLANSPONSOR.com) - Abel/Noser, an independent agency brokerage, providing a range of tools and services for institutional clients, announced the launch of its Signature Algorithms program.
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Morningstar Launches Complete Upgrade to Advisor Workstation
March 29, 2010 (PLANSPONSOR.com) - Morningstar, Inc. has launched a complete upgrade of Morningstar Advisor Workstation, its research and investment planning software platform used by financial advisers.
IRS Announces Opening of EGTRRA Determination Letter Program
March 29, 2010 (PLANSPONSOR.com) - The IRS has announced it will soon issue opinion and advisory letters for pre-approved defined benefit plans that have been restated for Economic...
Benefits |
Employers Say Offering Dental Benefits Improves Morale
March 29, 2010 (PLANSPONSOR.com) – Two-thirds (67%) of UK companies say dental benefits improve staff morale.
Benefits |
Use of PTO Plans Increasing
March 29, 2010 (PLANSPONSOR.com) – A new survey from BLR finds more employers report using paid time off banks rather than traditional individual policies for vacation, sick leave,...
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ING Adds Variable Annuity to New Product Suite
March 29, 2010 (PLANSPONSOR.com) - ING's U.S. operations, which merged its annuity and rollover businesses to form ING Financial Solutions last year, has added what it says is...
IRS Offers Determination Letter Program Insights
March 29, 2010 (PLANSPONSOR.com) – The Internal Revenue Service (IRS) is conducting an audio forum on its new determination letter program for qualified plans.
ConvergEx Adds West Coast Sales Exec
March 29, 2010 (PLANSPONSOR.com) - ConvergEx Group, a provider of investment technologies and execution solutions to institutional clients worldwide, has beefed up its West Coast sales...
Benefits |
Companies Begin to Report Healthcare Bill “Bill”
March 26, 2010 (PLANSPONSOR.com) – Forget about the Congressional Budget Office (CBO) estimates – there are apparently some other costs attendant with the new healthcare legislation.
Benefits |
Still Hard for Small Businesses to Have Retirement Plan
March 26, 2010 (PLANSPONSOR.com) – A new study prepared for the U.S. Small Business Administration (SBA) found that nearly 72% of workers in small companies have no retirement...
Industry Groups Ask 2nd Circuit to Uphold Dismissal of Citigroup Stock Drop Case
March 26, 2010 (PLANSPONSOR.com) - The ERISA Industry Committee (ERIC), joined by the American Benefits Council, have filed a friend of the court brief urging the 2nd U.S....
Institutional Investors Continue to be Active in Securities Class Actions
March 26, 2010 (PLANSPONSOR.com) - According to Securities Class Action Settlements: 2009 Review and Analysis, an annual report by Cornerstone Research, the value and number of securities class...
Long-term Care Benefit Also Made Available in Health Reform
March 26, 2010 (PLANSPONSOR.com) - The health reform legislation contains a provision that will make long-term care insurance available to all Americans, who will be automatically enrolled with...
SEC Announces Distribution of Prudential Market Timing Settlement
March 26, 2010 (PLANSPONSOR.com) - The Securities and Exchange Commission has announced a distribution of nearly $185 million to more than 800 mutual funds that were affected by...
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The Standard Launches Disability Package
March 26, 2010 (PLANSPONSOR.com) - Standard Insurance Company has announced the launch of All In One Disability Insurance.
Hawaii State Retirees Lose Health Coverage Legal Battle
March 26, 2010 (PLANSPONSOR.com) –The state of Hawaii is constitutionally mandated to provide health benefits to state and county employees, retirees and their dependents, but does not have...