Latest News

Administration |

Pension Funding Up 4% in Q3

October 2, 2013 (PLANSPONSOR.com) – The Chicago-based Legal & General Investment Management America, Inc. (LGIMA) estimates pension funding increased 4% in the third quarter.
Administration |

Retirement Assets Grew 1% in Q2

October 2, 2013 (PLANSPONSOR.com) – Total U.S. retirement assets were $20.9 trillion as of June 30, according to a recent analysis from the Investment Company Institute (ICI).
Products |

Penbridge Database Adds United of Omaha

October 1, 2013 (PLANSPONSOR.com) – United of Omaha Life Insurance Company, a subsidiary of Mutual of Omaha Insurance Company, joined the Penbridge Advisors Pension Risk Transfer (PRT) Database.
Deals and People |

Buck Appoints Principal, ERISA Consultant

October 1, 2013 (PLANSPONSOR.com) – The HR and benefits consulting firm Buck Consultants appointed Joanne Jacobson as principal and Employee Retirement Income Security Act (ERISA) compliance consultant.
Products |

AUL Launches Asset Allocation Program

October 1, 2013 (PLANSPONSOR.com) – American United Life Insurance Company (AUL), a OneAmerica company, has launched an asset allocation program for participants called OnePath Portfolios.
Benefits |

Right Advice Can Be a Struggle

October 1, 2013 (PLANSPONSOR.com) – Plan sponsors can answer participant needs for financial advice with workplace advice and access to online advice, a survey found.
Administration |

CalPERS Comments on Stockton Bankruptcy

September 30, 2013 (PLANSPONSOR.com) – The California Public Employees’ Retirement System (CalPERS) reacted positively to the plan of adjustment announced last week by the city of Stockton, California.
Benefits |

Fiduciaries Consider Outsourcing of Certain Duties

September 30, 2013 (PLANSPONSOR.com) – Fiduciaries of defined contribution (DC) retirement plans are becoming increasingly challenged to carve out time for their responsibilities and are looking at outsourcing...