Brown Calls for CA Divestment Law Compliance
February 8, 2010 (PLANSPONSOR.com) – California Attorney General Edmund G. Brown Jr. on Monday demanded that the state’s two largest public pension funds comply with state law requiring...
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Lockton Announces Employee Benefits Practice Chief Consultant
February 8, 2010 (PLANSPONSOR.com) - Lissa Thomson has been promoted to senior vice president, chief consultant for Lockton Benefits Group's Southern California operations.
Institutional Plans See 2009 Improvement
February 8, 2010 (PLANSPONSOR.com) – The median return for its universe of institutional plans was 3.1% in the fourth quarter and 19.4% for the year ended December 2009,...
Placement Agent Legislation Introduced in California
February 8, 2010 (PLANSPONSOR.com) - A bill requiring placement agents to register as lobbyists before pitching investment ideas to public pension plans in California has been introduced in...
ETFs See Losses in January
February 8, 2010 (PLANSPONSOR.com) – ETF industry assets fell by $45.3 billion for the month, or 5.8%, according to State Street Global Advisors' January 2010 ETF Snapshot
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RidgeWorth Launches Plan Adviser Web Site
February 8, 2010 (PLANSPONSOR.com) - RidgeWorth Investments has launched a new Web site that has an interactive, customizable retirement plan benchmarking tool and general resources that 401(k) advisers...
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Parachutes a Bit Less Golden These Days
February 8, 2010 (PLANSPONSOR.com) – The value of golden parachutes for chief executives and other senior officers at America’s 20 largest publicly-traded companies has decreased by approximately 40%...
Pensions See January Funding Status Drop
February 8, 2010 (PLANSPONSOR.com) – Companies in the S&P 1500 suffered a slight drop in their pension plan funded status in January to 83% from 84% the month...
Mercer Finds Equity Markets End 2009 Strong
February 8, 2010 (PLANSPONSOR.com) - Mercer’s fourth-quarter 2009 Defined Contribution Universe Summary found gains in all equity markets during the period.
Bond Funds Continue to Dominate in December 2009
February 8, 2010 (PLANSPONSOR.com) – Bond funds saw inflows of $29 billion in December 2009, according to Strategic Insight, an Asset International company.
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Many Sponsors Stepping up their 401(k) Game in 2010
February 8, 2010 (PLANSPONSOR.com) – Less confident of their employees’ ability to sock away a sufficient retirement nest egg, mid- to large-sized companies in a new Hewitt Associates...
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SEC Reported Probing Employee Office Porn Viewing
February 8, 2010 (PLANSPONSOR.com) – The Washington Times is reporting that the U.S. Securities and Exchange Commission (SEC) has launched internal investigations against more than two dozen employees...
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Xerox Shareholders Back ACS Acquisition
February 5, 2010 (PLANSPONSOR.com) - Shareholders of Xerox Corporation and of Affiliated Computer Services, Inc. have approved Xerox's acquisition of ACS.
IRS Debunks Frivolous Tax Arguments
February 5, 2010 (PLANSPONSOR.com) - The Internal Revenue Service (IRS) has released the 2010 version of its “discussion” - and rebuttal - of many of the...
Stewart Joins PEI as Senior Consultant
February 5, 2010 (PLANSPONSOR.com) - PEI recently hired Fred Stewart as a Senior Consultant based in the firm’s Atlanta office.
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Law Firm Describes Clawback Policy Limitations
February 5, 2010 (PLANSPONSOR.com) - A new client advisory bulletin from a New York law firm cautions employers putting together a “clawback” policy to recoup compensation in the...
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Great-West Launches Guaranteed Income Investment Options
February 5, 2010 (PLANSPONSOR.com) - Great-West Retirement Services has introduced a new set of guaranteed income investment options.
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Discomfort Grows over Salary Conversations
February 5, 2010 (PLANSPONSOR.com)–A new survey finds people have grown more uncomfortable with talking about their salary level.
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WV Mulls State Retirement Plan for Employees of Small Businesses
February 5, 2010 (PLANSPONSOR.com) – The West Virginia Senate's Pensions Committee is discussing a plan to have the state set up retirement accounts for employees of small businesses.
CT Town to Release Pension Funding Plans
February 5, 2010 (PLANSPONSOR.com) - Officials of a Connecticut town that suffered a $42-million loss in the Bernard Madoff ponzi scheme are putting the final touches on a...