Latest News

Compliance |

Full House to Take Up Advice Bill

November 14, 2001(PLANSPONSOR.com) - The House will consider H.R. 2269, the Retirement Security Advice Act, authored by Education and the Workforce Committee Chairman John Boehner (R-Ohio) tomorrow, just...
Benefits |

Employers Implement EGTRRA

February 11, 2002 (PLANSPONSOR.com) - Some 80% of employers are allowing employees, aged 50 and over, to make catch up contributions to their retirement plans this year, implementing...
Products |

Australia's AMP Opts for DirectAdvice

November 14, 2001(PLANSPONSOR.com) - AMP, an Australian financial services company, will begin offering an online financial planning and advice service, called My Plan, powered by technology from DirectAdvice.
Investing |

Pension Liabilities Outpace Assets

(PLANSPONSOR.com) - Despite a promising fourth quarter, the year opened poorly for pension plans, with liabilities increasing by 1.59% in January, while assets decreased by 0.87%, according to...
Investing |

Managed Account Assets Remain Level YoY

February 11, 2002 (PLANSPONSOR.com) - Assets held in separately managed accounts increased by 12.8% in the fourth quarter of 2001, and fell by less than 0.5% over the...
Investing |

Global AUM Growth Continues to Slow

February 11, 2002 (PLANSPONSOR.com) - Last year, global assets under management edged up by a scant 0.2%, or less than $100 billion, according to estimates from consultant Cerulli...
Deals and People |

Bush Nominates Prophete to EEOC

February 11, 2002(PLANSPONSOR.com) - President Bush nominated Donald S. Prophete, senior attorney with the labor and employment division of Sprint's legal department, to the position of general counsel...
Compliance |

PBGC Posts Pension Maximum for 2002

November 14, 2001 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation (PBGC) has announced that the maximum benefit it will guarantee for retirees in underfunded, single-employer defined benefit plans...
Compliance |

IRS Extends GUST Deadline to February

November 14, 2001 (PLANSPONSOR.com) ? The Internal Revenue Service on Wednesday extended the GUST remedial plan amendment period from December 31, 2001 to February 28, 2002.
Administration |

CBIZ Outsources Recordkeeping Services

October 2, 2002 (PLANSPONSOR.com) - Employee benefit broker CBIZ Retirement Services is turning to an outside provider for its 401(k) recordkeeping needs in an effort to better concentrate...
Compliance |

Cendant Hit with Giant FMLA Award

October 2, 2002 (PLANSPONSOR.com) - A Cendant Corp. Internet executive has been awarded $496,344 in damages for her claims her rights were violated under the Connecticut Family Medical...