Latest News
Who’s Working for You?: ERIC
NY Skin Surgery Center to Pay $5 Million to ESOP
An investigation by EBSA found the owner of a laser surgery center in New York to have violated ERISA guidelines regarding company valuation for an ESOP purchase.
Appellate Court Weighs Foot Locker Cash Balance Disclosure Failures
The appellate court and district court both agree that Foot Locker did not adequately disclose to participants the possibility of “wear-away” during the transition to a cash balance...
Retirement Industry People Moves
Tibble vs. Edison Plaintiffs Win the Latest Decision in District Court
A new ruling has emerged in the long-running case, applying instructions from the Supreme Court and the 9th Circuit to reach a verdict favorable to plaintiffs.
T. Rowe Price Funds Added to Schwab Mutual Fund OneSource Select List
Actuaries Propose Simplified Pension Funding Notices
The Annual Funding Notice requirements implemented by the Pension Protection Act have been somewhat helpful but could be significantly improved, according to the American Academy of Actuaries.
Financial Wellness Programs Should Build Employee Confidence
An effective financial wellness program is not just about financial literacy; it’s about building the employee’s confidence in tackling financial tasks, suggests a study by Mercer.
Disease Management Important to Controlling Health Benefit Costs
Morningstar Tool Weighs Investment and Billed Plan Expenses
For the most part, the investment management expenses plans pay are significantly greater than additional billed expenses, and are generally between 85% and 90% of the total cost...
US SIF Offers Guide to Including Sustainable Investments in DC Plans
Cost Concerns Driving Pension Risk Transfer Decisions
Taxpayers Not Burdened by Public Pensions
According to a study by NCPERS, public pensions are generally cost-effective and pump trillions of dollars into local economies.