Latest News

Benefits |

Internship Experience Implies Higher Retention

August 9, 2005 (PLANSPONSOR.com) - The National Association of Colleges and Employers (NACE) 2005 Experiential Education Survey found nearly 80% of employers reported higher retention among college hires...
Administration |

Study: Plans Need 11% Average Annual Return

September 20, 2004 (PLANSPONSOR.com) - Despite their increasing popularity among retirement plan participants, a new study asserts that managed and/or life-cycle funds won't generate enough to allow participants...
Administration |

Bay State's Galvin Fines Franklin $5M

September 20, 2004 (PLANSPONSOR.com) - A Massachusetts securities regulator announced Monday that he slapped two units of Franklin Templeton with a $5 million fine for permitting an investor...
Products |

AIG VALIC SPECTRUM 401(k) Platform Introduced

August 9, 2005 (PLANSPONSOR.com) - The Variable Annuity Life Insurance Company (VALIC) and American International Group, Inc. (AIG) have introduced a new 401(k) platform, the AIG VALIC SPECTRUM...
Products |

WI Firm Picks Up FSA Business

August 9, 2005 (PLANSPONSOR.com) - A Brookfield, Wisconsin benefit company has acquired the Flexible Spending Account (FSA) business from EMJAY.
Compliance |

Congress Approves Diabetic Trucker Bill

August 8, 2005 (PLANSPONSOR.com) - Legislation approved by both the US House of Representatives and the US Senate would permit qualified drivers who must use insulin to manage...
Benefits |

Wal-Mart Says Case Is Too Big To Defend

August 8, 2005 (PLANSPONSOR.com) - In its appeal of a ruling certifying a sexual discrimination case as a class-action, Wal-Mart Stores Inc. says the complaints of six workers...
Compliance |

GASB Issues Guide for OPEB Statements

August 8, 2005 (PLANSPONSOR.com) - The Governmental Accounting Standards Board (GASB) has published a Guide to Implementation of GASB Statements 43 and 45 on Other Postemployment Benefits (OPEB).