November 9, 2005 (PLANSPONSOR.com) - MetLife Inc. said the NASD has notified MetLife Securities Inc. of its preliminary determination to charge the unit with failure to enforce written...
November 9, 2005 (PLANSPONSOR.com) - The Financial Accounting Standards Board (FASB) is moving closer to its goal of revamping current reporting rules for pensions and other post-retirement benefits...
October 21, 2004 (PLANSPONSOR.com) - ING Investment Management has sold its Los Angeles-based Delta Asset Management division with approximately $4 billion of institutional assets to Berkeley Capital Management...
October 21, 2004 (PLANSPONSOR.com) - Scandal plagued Strong Financial Corp. will cut 107 jobs at the end of 2004, according to a notice the company filed with the...
In the wake of the mutual fund scandal, the SEC has proposed a series of reforms, several of which have potentially severe consequences for plan sponsors.
October 21, 2004 (PLANSPONSOR.com) - A US Bankruptcy Judge has approved a business reorganization for the bankrupt Georgetown Steel Co. under which the company would begin paying creditors...
September 9, 2005 (PLANSPONSOR.com) - A US Navy employee has been charged with violating federal bans against too much political activity at a federal workplace after inviting people...
September 9, 2005 (PLANSPONSOR.com) - American Airlines has issued frequent trading restrictions on its 401(k) plan, following the lead of some of the fund providers for the plan.
September 9, 2005 (PLANSPONSOR.com) - A US District Court judge for the District of Maine has ruled that Bowater Inc. is only liable to retirees for the health...
September 21, 2004 (PLANSPONSOR.com) - The Forstmann Little investment firm has agreed to pay the state of Connecticut $15 million to settle charges that it improperly invested state...
September 9, 2005 (PLANSPONSOR.com) - Even though an employer's failure to provide COBRA notice to a former employee was an "oversight" or "honest error" according to the company,...
September 9, 2005 (PLANSPONSOR.com) - The number of private-sector employees covered by a workplace retirement plan actually fell back slightly between 2003 and 2004, according to a new...
September 9, 2005 (PLANSPONSOR.com) - The Equal Employment Opportunity Commission (EEOC) is suing Mount Morris Mutual Insurance Co. of Coloma, WI for firing a file room employee because...
September 9, 2005 (PLANSPONSOR.com) - Local lawmakers in Huntington, West Virginia have postponed consideration of a measure imposing a 1% occupation tax as part of a plan to...
September 9, 2005 (PLANSPONSOR.com) - A legislative proposal okayed Thursday by a US Senate panel would allow the nation's private-sector pension insurer to negotiate a pension liability payment...
September 9, 2005 (PLANSPONSOR.com) - Illinois State Treasurer Judy Baar Topinka tried at a board meeting without success to get the Illinois State Board of Investment to withdraw...
September 9, 2005 (PLANSPONSOR.com) - A recently approved California statewide ballot initiate may have cleared the way for citizens to use marijuana for medicinal purposes, but that doesn't...
September 8, 2005 (PLANSPONSOR.com) - Federal appellate judges have cleared an ESOP administrator of wrongdoing over allegations the administrator improperly kept two participants from diversifying their company stock...
September 8, 2005 (PLANSPONSOR.com) - A survey by Mercer Human Resource Consulting of 1,100 UK employees found that only 36% trust senior managers to always communicate honestly.