Latest News

Benefits |

Financial Wellness Helps with Retirement Plan Goals

September 17, 2014 (PLANSPONSOR.com) – The 2013 Bank of America Merrill Lynch Employer Workplace Benefits Report showed employers realize employees need a holistic financial wellness background to succeed...
Compliance |

Health System Settles Cash Balance Plan Suit

September 17, 2014 (PLANSPONSOR.com) – A Madison, Wisconsin-based hospital has agreed to settle a lawsuit brought by cash balance plan participants rather than face a large class action suit.
Products |

Beaumont Launches Two ETF-Based Strategies

September 16, 2014 (PLANSPONSOR.com) - Beaumont Capital Management (BCM), provider of quantitative ETF-based investment portfolios, launched the new strategies on the ASSETMark platform.
Administration |

CaIPERS Eliminates Hedge Fund Program

September 16, 2014 (PLANSPONSOR.com) - As part of an ongoing effort to reduce complexity and costs in its investment program, the California Public Employees’ (CaIPERS), the largest public...
Benefits |

New DC Thinking Based on DB Best Practices

September 16, 2014 (PLANSPONSOR.com) - Defined contribution (DC) plan sponsors are already adopting defined benefit (DB) best practices in plan design, but plans could benefit from more DB-like...
Administration |

ESOP Companies Show Economic Growth

September 15, 2014 (PLANSPONSOR.com) – The Employee Ownership Foundation’s 23rd Annual Economic Performance Survey of ESOP companies found that these companies continue to see increased economic growth in...
Products |

BNY Releases GASB 67 Aid

September 15, 2014 (PLANSPONSOR.com) – BNY Mellon aims to help clients meet the impending GASB requirements with new financial and performance reporting solutions. 
Compliance |

CalPERS’ Suit Against Ratings Agencies Survives

September 15, 2014 (PLANSPONSOR.com) – A lawsuit brought by the California Public Employees Retirement System (CalPERS) against the three major ratings agencies has ultimately survived motions for dismissal.