Mexico Pensions Continue Local Investing Pact
December 21, 2009 (PLANSPONSOR.com) - Mexico's pension fund industry association said its members will extend until the end of May 2010 an agreement with the government to invest...
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S&P Launches Metals, Capped Sector Indices
December 21, 2009 (PLANSPONSOR.com) – Index provider Standard & Poor's has launched three new indexes.
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Lincoln Launches Small Business Product Suite
December 21, 2009 (PLANSPONSOR.com) - The Insurance Solutions/Group Protection division of Lincoln National Corporation has announced the rollout of its Lincoln Small Business group benefits product suite.
Mercer Names Retirement Business Leader for U.S. Outsourcing Unit
December 21, 2009 (PLANSPONSOR.com) - Mercer has named Dave Tolve as Retirement Business Leader for its U.S. outsourcing business, effective January 11, 2010.
Aon Consulting Hires Matson as Large Market Business Developer
December 21, 2009 (PLANSPONSOR.com) - Aon Consulting has made a new hire to expand its business with large market clients.
Benefits |
Employers React to H1N1 Threat
December 21, 2009 (PLANSPONSOR.com) – In response to the H1N1 flu threat, employers around the globe are taking steps such as distributing hand sanitizers (94%), implementing more frequent...
Benefits |
More Employers Planning 2010 Pay Increases
December 21, 2009 (PLANSPONSOR.com) - More organizations are planning to grant pay increases in 2010 as the economy begins to show signs of improvement, according to Mercer.
Benefits |
Foreign Workers Good for Business
December 21, 2009 (PLANSPONSOR.com) – World business leaders say that hiring foreign workers continues to be good for business and the economy, according to a survey conducted by...
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It’s (Nearly) Unanimous: Shareholders Back Towers Watson Merger
December 21, 2009 (PLANSPONSOR.com) – Shareholders of Towers, Perrin, Forster & Crosby, Inc. and Watson Wyatt Worldwide, Inc. have overwhelmingly approved the merger of the two...
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TEAM Launches Asset Strategy Fund
December 21, 2009 (PLANSPONSOR.com) – Harrisburg, Pennsylvania-based TEAM Financial Asset Management, LLC has launched the TEAM Asset Strategy Fund (TEAMX), the company announced.
Comverse Agrees to Settlement of Stock Options Backdating Charges
December 21, 2009 (PLANSPONSOR.com) – Comverse Technology has agreed to pay $225 million to settle a securities class action over backdated stock options.
Judge Clears CalPERS Furloughs
December 21, 2009 (PLANSPONSOR.com) – A California state judge has cleared the way for employee furloughs at the California Public Employees’ Retirement System (CalPERS) to proceed.
PBGC Urges Visteon to Keep Pension Plans
December 21, 2009 (PLANSPONSOR.com) – The Pension Benefit Guaranty Corporation (PBGC) announced that Visteon Corp. has proposed handing over three of its pension plans to the agency.
COBRA Subsidy Extension Passed
December 21, 2009 (PLANSPONSOR.com) – The president has signed a measure approved by the U.S. Senate over the weekend that extends displaced workers’ COBRA health care subsidies from...
Judge Denies Mercer's Request to Dismiss Alaska Suit
December 21, 2009 (PLANSPONSOR.com) – A superior court judge in Alaska has denied Mercer's request to dismiss a lawsuit in which Alaska officials accuse the former actuary of...
State Street Hit with Forex Overcharge Suit
December 21, 2009 (PLANSPONSOR.com) – A Los Angeles law firm has filed a suit against State Street Bank and Trust alleging the company improperly inflated its financial performance...
Tribune ESOP Fiduciary Breach Suit Moves Forward
December 21, 2009 (PLANSPONSOR.com) – A federal court has moved forward claims that fiduciaries for the Tribune Company Employee Stock Ownership Plan (ESOP) breached their duty to the...
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Piper Jaffray Picks up Chicago Asset Manager
December 21, 2009 (PLANSPONSOR.com) - Piper Jaffray Companies has announced what it described as a “significant expansion” of its asset management business.
eRollover Names First CEO
December 21, 2009 (PLANSPONSOR.com) – eRollover, which describes itself as a destination for retirement planning, education and analysis, has named Tim Harrington as the company’s first...
SI: “Resilient” Fund Flows Set Stage for 2010
December 21, 2009 (PLANSPONSOR.com) - On the heels of a financial crisis that shook both the financial services industry and investors worldwide, a new report catalogs a surge...