Latest News

March 7, 2006 (PLANSPONSOR.com) - AIG VALIC, a retirement plan services provider to for-profit and not-for-profit education, health care and government organizations, has expanded its services to plan...

March 7, 2006 (PLANSPONSOR.com) - General Motors Corp. on Tuesday reiterated its plans to shift new employees from a defined benefit to a defined contribution plan to help...

March 7, 2006 (PLANSPONSOR.com) - The newest survey from the Phoenix Affluent Marketing Service (AMS) has found that almost half of affluent baby boomers have never discussed their...

March 7, 2006 (PLANSPONSOR.com) - Former Textron Inc. employees have hit a major legal roadblock in their long-standing battle to prove the value of their employee stock ownership...

March 6, 2006 (PLANSPONSOR.com) - A deaf Federal Express worker has won a $108,000 federal court jury award after the package delivery company did not provide him with...

March 6, 2006 (PLANSPONSOR.com) - Delphi Corp. employees are suing State Street Bank & Trust Company, claiming they lost millions from their retirement plan when State Street delayed...

March 6, 2006 (PLANSPONSOR.com) - At a time when numerous public and private employers are rethinking their retirement plan programs, the US Defense Department is also considering needed...

June 15, 2005 (PLANSPONSOR.com) - Even though pension plan investment returns hit double digits in 2004, slight gains in plan funding status have not produced lower pension plan...

March 6, 2006 (PLANSPONSOR.com) - A newly released survey by Professor Marshall Rice of the Schulich School of Business at York University, Toronto, found 51% of respondents believe...

March 6, 2006 (PLANSPONSOR.com) - Defined contribution participants face the investment markets hampered not only by their own "counterproductive" investing style, but also because of "inadequate" plan design,...

March 6, 2006 (PLANSPONSOR.com) - Data from the Bureau of Labor Statistics (BLS) shows there has been an overall drop in retirement plan coverage, a participation shift from...

March 6, 2006 (PLANSPONSOR.com) - SEI has announced the launch of an integrated pension plan management solution designed for multiemployer plans.

March 6, 2006 (PLANSPONSOR.com) - The average 65-year-old couple needs an estimated $200,000 to cover health care costs in retirement, Fidelity Investments announced Monday.

March 6, 2006 (PLANSPONSOR.com) - The Connecticut State Employees' Retirement Commission (SERC) is appealing a lower court ruling granting a pension bump of nearly $10,000 to a state...

June 15, 2005 (PLANSPONSOR.com) - A US Senator has urged the nation's governors to be particularly wary of pension fraud attempts similar to that from the now defunct...

May 3, 2006 (PLANSPONSOR.com) - A federal grand jury has returned indictments of fraud against Kevin Dermody, Randall Veselik and David Augustyn relating to accusations that the three...

May 27, 2004 (PLANSPONSOR.com) - Famous for a pension investment portfolio that was entirely concentrated in bonds, United Kingdom (UK) retailer Boots PLC announced plans to shift assets...

May 27, 2004 (PLANSPONSOR.com) - A judge has again denied Luzerne County's request to use pension funds to cover legal expenses, this time due to the County's improper...

May 27, 2004 (PLANSPONSOR.com) - The use of "soft dollars" by United States investment managers fell 18% last year to $1.24 billion as investment managers cut back on...

May 3, 2006 (PLANSPONSOR.com) - San Diego's City Council on Tuesday repealed an ordinance that would have paid for a comprehensive legal defense for the six ex-trustees of...