Latest News

Benefits |

BofA to Move $19B DC Plan Inhouse

November 8, 2013 (PLANSPONSOR.com) - Bank of America is moving its $19 billion defined contribution (DC) plan, currently with Fidelity, to the Merrill Lynch platform.
Products |

ProShares Releases Investment-Grade Bond ETF

November 8, 2013 (PLANSPONSOR.com) – Alternative exchange-traded fund (ETF) provider ProShares Advisors LLC launched a new investment-grade bond ETF, designed with a built-in hedge against rising interest rates.
Administration |

Pension Funding Ratio Above 91% Again

November 8, 2013 (PLANSPONSOR.com) – The Milliman 100 Pension Funding Index shows that for October, the corporate pension funded ratio rose above 91% for the second straight month.
Compliance |

PBGC Increases Some 2014 Premium Rates

November 8, 2013 (PLANSPONSOR.com) – The Pension Benefit Guaranty Corporation (PBGC) reports premiums paid to the federal agency by single-employer retirement plans will increase in 2014.
Benefits |

Philadelphia Archdiocese Moving to 403(b)

November 8, 2013 (PLANSPONSOR.com) – In an effort to improve its financial situation, the Archdiocese of Philadelphia is freezing its defined benefit plan for lay employees.
Products |

Build a Plan Committee in Six Steps

November 6, 2013 (PLANSPONSOR.com) – Assembling the right retirement plan committee can make or break participant outcomes and often boils down to a function of diversity, communication and...
Compliance |

PBGC Increases Maximum Benefit for 2014

November 6, 2013 (PLANSPONSOR.com) – The Pension Benefit Guaranty Corporation (PBGC) announced the yearly maximum guaranteed benefit for a 65-year-old retiree will increase next year to nearly $59,320...