Latest News

May 12, 2005 (PLANSPONSOR.com) - The continuing drop in the number of employers offering defined benefit pension plans may not be entirely driven by their desire to cut...

May 12, 2005 (PLANSPONSOR.com) - A US Bankruptcy judge has approved Murray Inc.'s request to use cash collateral held by the Pension Benefit Guaranty Corp (PBGC) to help...

May 12, 2005 (PLANSPONSOR.com) - A federal judge has refused to throw out a fuel delivery driver's lawsuit under the Consolidated Omnibus Budget Reconciliation Act (COBRA), because it...

May 12, 2005 (PLANSPONSOR.com) - A Great Bend, Kansas third party recordkeeper has enhanced its Plan Sponsor and Plan Participant Internet sites and Interactive Voice Response (IVR) telephone...

May 12, 2005 (PLANSPONSOR.com) - Mutual funds accounted for $3.1 trillion, or 24%, of the $12.9 trillion US retirement market, according to the Investment Company Institute's (ICI) latest...

May 10, 2005 (PLANSPONSOR.com) - The Principal Financial Group has released a new employee benefits statement presenting details on a worker's entire benefits package in a one-page format.

November 17, 2004 (PLANSPONSOR.com) - California Attorney General Bill Lockyer said his office has hammered out an $18 million settlement with Franklin Resources covering charges the company paid...

November 17, 2004 (PLANSPONSOR.com) - The founders of the PBHC mutual fund family have agreed to a $160-million settlement of market-timing charges as well as a lifetime ban...

May 11, 2005 (PLANSPONSOR.com) - Fidelity Investments has dropped the 0.08% management fees on its 10 Fidelity Freedom funds - target retirement date fund of fund offerings.

November 17, 2004 (PLANSPONSOR.com) - Zurich American Insurance Co. is the latest company affected by New York Attorney General Eliot Spitzer's insurance industry probe, with two of its...

November 17, 2004 (PLANSPONSOR.com) - Trustees for the United Kingdom (UK) pension fund of US auto parts company Federal-Mogul have voted against a rescue plan for the badly...

May 10, 2005 (PLANSPONSOR.com) - Traditional retirement views - particularly those in which retirees don't work at all - appear to have gone by the wayside among people...

May 10, 2005 (PLANSPONSOR.com) - The federal anti-workplace discrimination agency has worked out an $80,000 settlement in a discrimination disability suit involving a Trane Tennessee plant and a...

May 10, 2005 (PLANSPONSOR.com) - Facing regulatory and shareholder pressure to link executive pay with performance, companies are reworking the eligibility criteria, design, and size of executive long-term...

May 11, 2005 (PLANSPONSOR.com) - Federal officials have accused the former president of a now-defunct Spring Lake, Michigan home builder of misusing more than $1 million in K...

May 11 2005 (PLANSPONSOR.com) - Employers instituting Health Savings Accounts (HSAs) should make sweeping changes to all health plan designs, require an active benefits enrollment, communicate plan adjustments...

October 5, 2005 (PLANSPONSOR.com) - Two state pension funds, a pension fund in Europe, and mutual fund company in Europe have filed suit against Delphi Corp. for allegedly...

May 10, 2005(PLANSPONSOR.com)-Nearly half (45%) of organizations do not have a formal process in place in which those retiring employees pass on their workforce knowledge and experience onto...

October 5, 2005 (PLANSPONSOR.com) - A survey by The Nasdaq Stock Market, Inc. and the American Electronics Association (AeA) showed that costs to implement practices required by the...

May 10, 2005 (PLANSPONSOR.com) - The world's equity markets lost ground again in April, as more than three quarters of the developed world's stock markets posted negative returns.