Latest News

Administration |

Mercer-Callan Deal Abruptly Called Off

March 30, 2009 (PLANSPONSOR.com) - Six weeks after announcing Mercer would acquire Callan Associates in a deal making the merged investment consulting operation one of the largest in...
Administration |

GMAM Takes on Promark Name

March 30, 2009 (PLANSPONSOR.com) - General Motors Asset Management (GMAM) has changed its brand identity to Promark Global Advisors, Inc. (Promark).
Administration |

Report: iShares Bids Due Sunday

March 27, 2009 (PLANSPONSOR.com) - Private equity consortiums pursuing Barclays' iShares investment unit have until Sunday to submit binding bids, unnamed sources told Reuters.
Compliance |

IRS Issues Guidance on Funding Relief

March 27, 2009 (PLANSPONSOR.com) - The IRS has provided guidance for sponsors of multiemployer defined benefit plans relating to the funding relief provided by the Worker, Retiree, and...
Compliance |

PBGC Takes Mich. Firm Pension Plan

March 27, 2009 (PLANSPONSOR.com) - The nation's private-sector pension insurer has taken over the pension plan sponsored by Patton Corp., of Ann Arbor, Michigan, for some 1,800 employees...