Latest News

Benefits |

Prudential Suggests DC Plans Design Improvements

October 19, 2009 (PLANSPONSOR.com) - Redefining defined contribution (DC) plans will dramatically improve outcomes for plan sponsors and participants, according to a new white paper released by Prudential...
Benefits |

Employee Benefits Top Cost Concerns for CFOs

October 19, 2009 (PLANSPONSOR.com) - More than three-quarters (77%) of U.S. chief financial officers and senior comptrollers surveyed said that among pricing pressures, they are most concerned about...
Products |

benefitsCONNECT Adds HSA Administrator Option

October 19, 2009 (PLANSPONSOR.com) - benefitsCONNECT has added HSA Bank as a Health Savings Account (HSA) administrator option in its Web-based benefits enrollment and administration system.
Compliance |

PBGC Annual Charge Ticks up in 2010

October 19, 2009 (PLANSPONSOR.com) - Defined benefit sponsors will see their per-participant insurance premiums to the Pension Benefit Guaranty Corp. (PBGC) go up by $1 next year.
Products |

Social(k) Adds Tobacco-Free Funds

October 19, 2009 (PLANSPONSOR.com) - Social(k), a Springfield, Massachusetts-based socially responsive retirement platform, has added the tobacco-free AHA Investment funds to its fund offerings.
Administration |

Harvard Reports Large Cash Loss

October 19, 2009 (PLANSPONSOR.com) - Among its current financial woes, Harvard University is trying to cope with the loss of almost $2 billion in cash in its daily...
Administration |

Invesco Scoops Up Van Kampen Assets

October 19, 2009 (PLANSPONSOR.com) - Invesco Ltd. has entered into a definitive agreement to acquire Morgan Stanley's retail asset management business, including Van Kampen Investments.
Benefits |

Commuter Benefit Offerings Increase

October 16, 2009 (PLANSPONSOR.com) - Despite concerns about cutting costs during the down economy, most employers are maintaining -- and in some cases increasing -- tax-free commuter benefits...
Compliance |

Health Plan TPA could Still Be a Fiduciary

October 16, 2009 (PLANSPONSOR.com) - A federal judge in Massachusetts has ruled that a third-party administrator (TPA) for two health plans cannot be blamed as a "functional fiduciary"...