Rosendahl Named to Great-West Sales Team
December 7, 2009 (PLANSPONSOR.com) – Great-West Retirement Services has appointed Doug Rosendahl as regional sales director for San Diego and surrounding areas.
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Benefits |
Study Finds Many not Reaping Target-Date Funds' Benefits
December 7, 2009 (PLANSPONSOR.com) – Retirement plan participants invested in target-date funds along with other funds offered by the plan could end up with a potentially inferior portfolio...
Benefits |
Fee Probe Leads Alabama to Change 457 Providers
December 7, 2009 (PLANSPONSOR.com) – Alabama is switching to a new 457 deferred compensation plan provider amid concerns about the previous provider and its relationship with the Alabama...
Montana Supreme Court Turns Away Pension Shutoff Appeal
December 7, 2009 (PLANSPONSOR.com) – Two months after they upheld a $21.5-million jury award in a long-running pension benefit termination case, justices at the Montana Supreme Court have...
Products |
EU Gives OK to Towers Watson Combo
December 7, 2009 (PLANSPONSOR.com) – The European Commission has given its blessing to a major consultancy merger.
Benefits |
Sarasota Orchestra Contract Includes 403(b) Plan Offering
December 7, 2009 (PLANSPONSOR.com) - Sarasota (Florida) Orchestra musicians have voted to ratify a two-year contract with orchestra management, which includes a 403(b) plan option.
TCW Links With MetWest, Boots Gundlach
December 5, 2009 (PLANSPONSOR.com) – The bond investing world was shaken on Friday, as TCW Group Inc. announced that Jeffrey E. Gundlach had been "relieved of...
Benefits |
Confidence in Employer-Sponsored Plans Shaken
December 5, 2009 (PLANSPONSOR.com) – Workers are clearly nervous about making ends meet in retirement – and their confidence in workplace savings plans has plunged, according...
SEC to Make Recommendations on 12b-1, Target-Dates: Shapiro
December 4, 2009 (PLANSPONSOR.com) – Plan sponsors could be looking at some changes on target-date funds next year – and maybe a change in certain mutual...
IRS Announces 2010 Taxable Wage Base for Permitted Disparity
December 4, 2009 (PLANSPONSOR.com) - The Internal Revenue Service has issued Revenue Ruling 2009-40 providing the table of covered compensation for the 2010 plan year for use in...
DoL to Outline Regulatory Agenda
December 4, 2009 (PLANSPONSOR.com) - On Monday, December 7, the U.S. Department of Labor will make available video remarks by Secretary Hilda L. Solis outlining the department’s regulatory...
Bill Would Require Disclosure of Participants' Expected Retirement Income
December 4, 2009 (PLANSPONSOR.com) - U.S. Senators Jeff Bingaman (D-New Mexico), Johnny Isakson (R-Georgia), and Herb Kohl (D-Wisconsin) have introduced legislation that would require defined contribution plan sponsors...
PPA DB Funding Rules Drive Dash to Fixed Income
December 4, 2009 (PLANSPONSOR.com) – With one eye cast toward the defined benefit plan funding rules in the Pension Protection Act (PPA), retailer J.C. Penney Co. is gradually...
Newspaper Company Revises Pension Loss from Trading Scandal
December 4, 2009 (PLANSPONSOR.com) – The McClatchy Co. said in a new Securities and Exchange Commission (SEC) filing that it now expects the loss to its pension plan...
CalSTRS Backs Instituitonal Investor Conduct Code
December 4, 2009 (PLANSPONSOR.com) - The California State Teachers’ Retirement System (CalSTRS) has backed a new international code of responsibility for institutional investors that calls on institutions to...
Benefits |
Wal-Mart to Pay $40M to Settle MA Wage-and-hour Suit
December 4, 2009 (PLANSPONSOR.com) – Wal-Mart Stores Inc. has agreed to pay $40 million to settle a class-action lawsuit in Massachusetts in which hourly workers claim managers required...
Pension Plans Continue Funding Recovery
December 4, 2009 (PLANSPONSOR.com) – A strong November performance by U.S. equities has led to a 2.6% boost in the funded status of the typical U.S. corporate pension...
WV Cities Get Relief on Police and Firefighter Pensions
December 4, 2009 (PLANSPONSOR.com) - A bill to help West Virginia cities deal with escalating police and firefighter pension costs was signed into law Thursday by Governor Joe...
Northern Trust Announces Selections for Emerging Broker Program
December 4, 2009 (PLANSPONSOR.com) - Northern Trust's asset management arm, Northern Trust Global Investments (NTGI), has selected seven emerging and minority/women-owned broker/dealers for its list of preferred equity...
Products |
Clark Consulting Rolls Out New Deferred Comp Solution for Mid-Market
December 3, 2009 (PLANSPONSOR.com) - Clark Consulting, Inc. has rolled out a new deferred compensation offering for mid-market companies.