Oregon Settles with Oppenheimer on 529 Plan Losses
November 20, 2009 (PLANSPONSOR.com) - The state of Oregon has reached a $20-million settlement with MassMutual Financial Group's OppenheimerFunds Inc. of losses in a bond fund in the...
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MOSERS Boosted by $600M in Q3
November 20, 2009 (PLANSPONSOR.com) - The Missouri State Employees' Retirement System (MOSERS) recorded an overall 10.4% return for the quarter ending September 30.
Benefits |
Changing U.S. Workforce More Productive in Bad Economy
November 20, 2009 (PLANSPONSOR.com) – A new study from PricewaterhouseCoopers (PwC) Saratoga about the state of personnel management among U.S. employers found the recession has given companies a...
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Former AIG Investment Advisory Biz Rebrands
November 20, 2009 (PLANSPONSOR.com) - PineBridge Investments is the new brand name of the asset management and investment advisory business that is being sold by American International Group,...
Benefits |
House Committee Approves Fed Employee Same-Sex Partner Benefits
November 20, 2009 (PLANSPONSOR.com) - After a heated debate over gay rights and extending benefits in an economic downturn, the U.S. House Oversight and Government Reform Committee on...
Monster Employees Seek Stock Drop Suit Settlement OK
November 20, 2009 (PLANSPONSOR.com) – A group of 401(k) participants has hammered out a $4.25 million out-of-court settlement of a stock-drop lawsuit against their employer Monster Worldwide Inc....
Benefits |
Hitting the Road for Thanksgiving?
November 20, 2009 (PLANSPONSOR.com) – If you’re hitting the road for Thanksgiving – and you’re in, or heading for the Northeast - you might want to...
Boehner Slams Obama Administration for Advice Move
November 19, 2009 (PLANSPONSOR.com) - House Republican Leader John Boehner (R-Ohio) today blasted the decision by the Obama Administration to withdraw the final regulations on investment...
Bello Tapped for New Role in ING's Intermediary Corporate Markets
November 19, 2009 (PLANSPONSOR.com) - Pat Bello, formerly head of Mid Market Sales and Business Development for ING U.S. Retirement Services, has been selected to lead...
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DATAIR Releases PPA Windows Valuation System for Defined Benefit Plans
November 19, 2009 (PLANSPONSOR.com) - DATAIR has announced the latest release of its DB System, described as the “next-generation Defined Benefit software for proposals, compliance testing,...
International Equities Continue to Win over Domestic Equities
November 19, 2009 (PLANSPONSOR.com) - For the third consecutive month, investors deposited a $40 billion-plus amount into bond funds, bringing year-to-date bond fund flow volumes to an enormous...
Benefits |
ICE Targets 1,000 Employers for Worker Verification Audits
November 19, 2009 (PLANSPONSOR.com) – Officials with the U.S. Immigration and Customs Enforcement (ICE) on Thursday announced plans to audit 1,000 U.S. employers’ hiring records to check...
Foundations, Endowments Change Investment Strategies
November 19, 2009 (PLANSPONSOR.com) - Endowments and foundations (E&Fs), concerned with the potential negative effects of a low investment return environment, are balancing their preference for investment strategies...
Benefits |
Fidelity Reports Employers Restoring Match Contributions
November 19, 2009 (PLANSPONSOR.com) – A Fidelity analysis of employer and employee actions during the third quarter of 2009 in defined contribution plans it recordkeeps revealed that of...
Benefits |
Planned Salary Increases Tick up for 2010
November 19, 2009 (PLANSPONSOR.com) – A Buck Consultants survey of U.S. companies has found that planned salary increases for 2010 will range from 2.5% to 2.8% depending on...
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Americans Vowing Better Financial Planning for 2010
November 19, 2009 (PLANSPONSOR.com) – With Hispanic Americans and black Americans leading the way, consumers involved in a recent survey vow as a New Year’s Resolution to save...
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Salary Increases for Mid-Atlantic Tech Companies Lowest in Decade
November 19, 2009 (PLANSPONSOR.com) - The KnowledgeBank 2009-2010 Total Compensation Survey of Mid-Atlantic Technology Companies found that in 2009, the average actual salary adjustments were 2.4%, significantly less...
Benefits |
Poll Finds Yawns over Roth Conversion Law Change
November 19, 2009 (PLANSPONSOR.com) – The pending law change regarding Roth IRA conversions may be right around the corner, but you couldn’t tell by many Americans’ interest level...
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ICMA-RC Offers Employee Education Campaign for Public Employers
November 19, 2009 (PLANSPONSOR.com) – In response to research indicating that city and state government employees are twice as likely to save for retirement when employers provide support,...
EBSA Pulls Back Controversial Advice Mandate
November 19, 2009 (PLANSPONSOR.com) – The long saga of the U.S. Department of Labor’s (DoL) hotly debated investment advice rule took another twist Thursday when the DoL’s Employee...