Latest News

Administration |

MetLife Faces Possible 529 Plan Charges

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...
Compliance |

Navy Worker Slapped with Hatch Act Charge

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...
Compliance |

Bowater Wins Benefit Liability Suit

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...
Benefits |

Plan Participation/Access Dropped in 2004

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...
Compliance |

7th Circuit Clears ESOP Administrator of Wrongdoing

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...
Benefits |

UK Employees Give Management Bad Rap

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.