Latest News

Compliance |

No Raise for Social Security Recipients in 2010

October 15, 2009 (PLANSPONSOR.com) - The Social Security Administration announced there will be no cost-of-living adjustment (COLA) in 2010 for monthly social security and supplemental security income (SSI)...
Compliance |

House Bill Sanctions Iran Divestments

October 15, 2009 (PLANSPONSOR.com) - In the wake of a Congressional bill giving state and local governments authority to divest assets or bar investment in Sudan-connected companies, a...
Compliance |

IRS Eases Distribution Limit Notice Rule

October 14, 2009 (PLANSPONSOR.com) - Internal Revenue Service (IRS) officials announced that the Worker, Retiree, and Employer Recovery Act (WRERA) does not require plan sponsors to notify participants...
Compliance |

DoL Scraps Beefed Up Union Reporting Mandate

October 14, 2009 (PLANSPONSOR.com) - Saying that a Bush Administration-proposed disclosure rule for annual union financial reports was too onerous, the Department of Labor (DoL) has scrapped the...
Deals and People |

New York Life to Expand DCIO Team

October 14, 2009 (PLANSPONSOR.com) - New York Life Investments plans to hire three new vice presidents and one internal sales representative for its defined contribution investment only (DCIO)...
Products |

State Street Expands Hedge Fund Services Offering

October 14, 2009 (PLANSPONSOR.com) - State Street Corporation has added custody, cash management, and foreign exchange services to its suite of front-, middle- and back-office administration services for...
Benefits |

OC Gets OK for Hybrid Pension Program

October 14, 2009 (PLANSPONSOR.com) - A bill signed into law by California Governor Arnold Schwarzenegger creates a two-tier pension for Orange County employees that officials say could save...
Compliance |

Wis. Teacher's ADA Suit Reinstated

October 13, 2009 (PLANSPONSOR.com) - A Wisconsin school district accused of failing to accommodate the request of a teacher afflicted with seasonal affective disorder (SAD) to move to...
Products |

A Mood Ring for Investors?

October 13, 2009 (PLANSPONSOR.com) - Netherlands-based Philips Electronics and ABN AMRO have unveiled a prototype mood ring - actually bracelet - for online traders.