Latest News

Benefits |

Young Adults Affecting Parents' Finances

October 21, 2013 (PLANSPONSOR.com) – Many young adults are living with their parents and it is having an impact on their parents’ finances and ability to save, a...
Products |

UBS Rebrands Equity Plan Business

October 18, 2013 (PLANSPONSOR.com) – UBS Wealth Management Americas announced plans to rebrand and relaunch its equity plan business under the moniker UBS Equity Plan Advisory Services.
Compliance |

ASPPA Seeks Clarity on Mid-Year Amendments

October 18, 2013 (PLANSPONSOR.com) – The American Society of Pension Professionals & Actuaries (ASPPA) has asked the Internal Revenue Service (IRS) for clarification on mid-year amendments to safe...
Benefits |

DC Plans More Integral to Retirement Income

October 18, 2013 (PLANSPONSOR.com) – Defined contribution (DC) plans currently account for approximately half of participants’ total investable wealth, according to the Cogent Research DC Participant Planscape Study.
Compliance |

Fee Litigation Risks Still an Issue

October 17, 2013 (PLANSPONSOR.com) – The industry-wide focus on improving fee transparency and reasonability has not significantly reduced litigation risks for plan sponsors and others acting as retirement...
Compliance |

Georgia County Sued for Age Discrimination

October 17, 2013 (PLANSPONSOR.com) – The U.S. Equal Employment Opportunity Commission (EEOC) has filed a lawsuit against Fannin County, Georgia, alleging that federal law was violated when the...
Benefits |

401(k) Balances Survived Recession

October 17, 2013 (PLANSPONSOR.com) – The average 401(k) account balance for those consistently participating in their 401(k) plans for the four years from 2007 through 2011 was up...
Administration |

Cost of Annuities Rose in September

October 17, 2013 (PLANSPONSOR.com) – The cost of purchasing annuities from an insurer rose in September from 108.8% to 108.9%, according to the Mercer U.S. Pension Buyout Index.