Latest News

Benefits | May 23rd, 2012

Employment-Based Health Coverage Rate Continues to Shrink

May 23, 2012 (PLANSPONSOR.com) – The percentage of workers with employment-based health coverage continues to shrink despite an uptick after the recession, according to a report by the...

Products | May 23rd, 2012

Arrow Introduces Institutional Share Classes to Funds

May 23, 2012 (PLANSPONSOR.com) - Arrow Investment Advisors, the adviser to Arrow Funds, launched institutional share classes for each of the firm’s five tactical and alternative investment mutual...

Benefits | May 23rd, 2012

Sponsors of Active DB Plans Remain Committed

May 23, 2012 (PLANSPONSOR.com) - A significant number of U.S. employers that still offer defined benefit (DB) pension plans say they remain committed to providing those benefits to...

Products | May 23rd, 2012

SunGard Adds Mobile App to Relius Administration Suite

May 23, 2012 (PLANSPONSOR.com) – SunGard has launched a mobile browser option for its Relius Administration web suite of products.

Deals and People | May 22nd, 2012

Jones Joins iJoin Sales Team

May 22, 2012 (PLANSPONSOR.com) - iJoin Solutions has named BJ (Betty Jean) Jones to the position of director of new business development.

Investing | May 22nd, 2012

More Institutional Investors Using ETFs

May 22, 2012 (PLANSPONSOR.com) - Institutional investors are increasingly turning to exchange-traded funds (ETFs) for a variety of fund management practices.

Benefits | May 22nd, 2012

J.P. Morgan Sued for Retirement Plan Losses

May 22, 2012 (PLANSPONSOR.com) – A former J.P. Morgan Chase & Co. employee is suing the firm on behalf of retirement plan participants who lost money investing in...

Benefits | May 22nd, 2012

Michigan House Rejects Switch to DC Plan for Teachers

May 22, 2012 (PLANSPONSOR.com) – The Michigan house has approved pension reform for school system employees which does not include a switch to a 401(k)-style plan only.

Administration | May 22nd, 2012

TDF Investors Need Better Graphics and Data

May 22, 2012 (PLANSPONSOR.com) - Several Morningstar divisions sent a letter to the Securities and Exchange Commission (SEC) urging the regulator to require target-date series to provide...

Administration | May 22nd, 2012

Actuaries Make Suggestions for Stabilizing Pension Funding

May 22, 2012 (PLANSPONSOR.com) – The American Academy of Actuaries has sent letters to lawmakers with suggestions for legislation to stabilize required pension plan contributions.

Benefits | May 22nd, 2012

403(b)s Show Culture of Continuous Improvement

May 22, 2012 (PLANSPONSOR.com) - Sponsors of 403(b) retirement plans continue to adapt to regulations from the Department of Labor (DOL) and continue to make improvements.

Deals and People | May 21st, 2012

Segal Announces New York Regional Manager

May 21, 2012 (PLANSPONSOR.com) - The Segal Company has promoted Diane Gleave to the position of New York Regional Manager.

Products | May 21st, 2012

MetLife Enhances Enrollment Program

May 21, 2012 (PLANSPONSOR.com) - MetLife announced broader availability and enhancements to its multi-product, multi-channel M-Powered Enrollment program.

Benefits | May 21st, 2012

Small Employer Health Insurance Tax Credit Not Enough

May 21, 2012 (PLANSPONSOR.com) - Fewer small employers claimed the Small Employer Health Insurance Tax Credit in tax year 2010 than were estimated to be eligible.

Administration | May 21st, 2012

Mercer Asks Congress for Pension Funding Reforms

May 21, 2012 (PLANSPONSOR.com) – Mercer is concerned about the significant increase in pension funding requirements driven by historically-low interest rates.

Compliance | May 21st, 2012

IRS Asked for Relief Concerning Foreign Retirement Plans

May 21, 2012 (PLANSPONSOR.com) – A group of accountants has suggested the Internal Revenue Service change its rules for the reporting of income from foreign retirement accounts held...

Benefits | May 21st, 2012

Employees Are Skipping Work to Watch Sports

May 21, 2012 (PLANSPONSOR.com) - A Kronos survey shows many employees worldwide are playing hooky to watch sports, at a great expense to their employers.

Benefits | May 21st, 2012

Company to Pay $201K for Firing Older Employee

May 21, 2012 (PLANSPONSOR.com) - A Carrollton, Texas-based distributor of specialty fasteners will pay $201,000 and furnish other relief to settle an age discrimination lawsuit brought by the U.S. Equal...

Administration | May 21st, 2012

More Multiemployer Pension Plans Fall Out of Green Zone

May 21, 2012 (PLANSPONSOR.com) - Results of Segal’s latest zone-status survey of multiemployer pension plans show that they are still facing formidable funding challenges.

Compliance | May 21st, 2012

DOL Recovers Retirement Plan Assets for Participants

May 21, 2012 (PLANSPONSOR.com) – Two companies have settled lawsuits with the Department of Labor (DOL), agreeing to restore retirement assets to participants.