Latest News

Compliance |

ESOP Trustee Secretly Takes Over Company

September 19, 2005 (PLANSPONSOR.com) - The US District Court for the Western District of Tennessee found that an Employee Stock Ownership Plan (ESOP) trustee breached his fiduciary duties...
Benefits |

Fed Health Care Cost Hikes Also Slowing

September 16, 2005 (PLANSPONSOR.com) - In yet another sign that the spiraling workplace health-care costs increases are cooling off, federal employees and retirees will be dealing with the...
Products |

CIGNA Announces Enhanced FMLA Services

September 16, 2005 (PLANSPONSOR.com) - CIGNA Group Insurance has enhanced its Family & Medical Leave Act services to help employers better manage FMLA compliance and reduce administrative headaches.
Compliance |

Feds Offer HIPAA Guidance after Katrina

September 16, 2005 (PLANSPONSOR.com) - The US Department of Health and Human Services (HHS) has released two guidance documents on how it will handle the Health Insurance Portability...
Benefits |

Canadian Employers Favor Variable Pay Programs

September 16, 2005 (PLANSPONSOR.com) - Hewitt Associate's "Salary Increase Survey" found that Canadian employers expect to hold steady salary increases for 2006 and continue to use variable pay...
Products |

MFS Announces Open Architecture, Commission Changes

September 15, 2005 (PLANSPONSOR.com) - MFS Retirement Services, Inc. announced that it now offers open architecture allowing financial intermediaries and plan sponsors to choose investment products from multiple...
Products |

MFS Announces Open Architecture, Commission Changes

September 15, 2005 (PLANSPONSOR.com) - MFS Retirement Services, Inc. announced that it now offers open architecture allowing financial intermediaries and plan sponsors to choose investment products from multiple...
Products |

Great-West Unveils Managed Account Offering

September 15, 2005 (PLANSPONSOR.com) - Great-West Retirement Services has added a new suite of advisory services that includes a managed account service as well as online investment guidance...
Compliance |

Katrina Aftermath Includes 409A Guidance

September 15, 2005 (PLANSPONSOR.com) - Hurricane Katrina has caused a delay in the issuance of the second round of guidance under Section 409A of the Internal Revenue Code,...
Compliance |

Posthumous QDRO Found to Still be Valid

September 15, 2005 (PLANSPONSOR.com) - A West Virginia federal judge has awarded a dead participant's ex-wife benefits even though the couple's qualified domestic relations order (QDRO) was not...
Benefits |

Obesity Raises Healthcare Expenses

September 15, 2005 (PLANSPONSOR.com) - According to a report in the American Journal of Health Promotion, an obese employee costs an additional $460 to $2,500 annually in medical...
Compliance |

DoL Helps Hurricane Katrina Victims

September 15, 2005 (PLANSPONSOR.com) - The Department of Labor's Employee Benefits Security Administration (EBSA) and the IRS have issued guidance on helping Hurricane Katrina victims obtain distributions and...
Benefits |

Down Syndrome Employee Sues Health Food Store

September 14, 2005 (PLANSPONSOR.com) - The Equal Employment Opportunity Commission (EEOC) has filed a lawsuit against an Oklahoma health food store on behalf of an applicant it refused...