Putnam Hires Two for Institutional Consultant Relations Team
January 19, 2012 (PLANSPONSOR.com) - Putnam Investments hired two industry veterans, Charlotte Walsh and Greg Weissman as consultant relations professionals.
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Vanguard Launches 2060 Target Fund
January 19, 2012 (PLANSPONSOR.com) - Vanguard has launched Vanguard Target Retirement 2060 Fund.
Castle Rock Hires Consultant to 401(k), 403(b), 457 Plans
January 18, 2012 (PLANSPONSOR.com) - Castle Rock Investment Company (CRIC) has hired Molly Vogt Noyes, AIF, PRP, as a consultant.
Allianz Life Hires Chief Administrative Officer
January 18, 2012 (PLANSPONSOR.com) - Allianz Life Insurance Company of North America named Cathy Mahone to the post of Chief Administrative Officer.
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CT Listed as Worst State to Retire
January 18, 2012 (PLANSPONSOR.com) – TopRetirements.com released its list of the 10 worst states to retire.
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Hawaii Employees’ Retirement System Proposes New Overtime Rules
January 18, 2012 (PLANSPONSONR.com) – The Hawaii Employees’ Retirement System (ERS) wants to put a cap on how much overtime can count towards employee pensions.
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Car Dealership to Pay $150K to Black Employees
January 18, 2012 (PLANSPONSOR.com) – Shack-Findlay Automotive, LLC, doing business as Findlay Honda and Findlay Automotive Group, Inc., will pay $150,000 to two black employees.
BMO Appoints Vice President/Relationship Managers
January 17, 2012 (PLANSPONSOR.COM) - The Taft-Hartley Services team of BMO Institutional Trust Services named both Scott A. Hockenberry...
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Equity Compensation Plans Continue Shift from Stock Options
January 17, 2012 (PLANSPONSOR.com) - Companies continue to shift away from stock options and other “appreciation” awards toward a greater emphasis on full-value awards in their equity compensation...
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Kidder Benefits Consultants Acquires Lane & Associates
January 17, 2012 (PLANSPONSOR.com) - Kidder Benefits Consultants has acquired Lane & Associates.
Capping Deferral Limit Wouldn’t Do Much to Fix Budget Deficit
January 17, 2012 (PLANSPONSOR.com) – A paper suggests that lowering deferral limits to 401(k)-type plans wouldn’t make much dent in the U.S. budget deficit, and could result in workers...
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Mercer Releases 2012 Social Security and Medicare Resources
January 17, 2012 (PLANSPONSOR.com) - Changes to both Social Security and Medicare took effect on January 1, and updated information is available in Mercer’s 2012 Guide to Social...
AFSCME Plan Files Shareholder Proposals
January 17, 2012 (PLANSPONSOR.com) - The American Federation of State, County and Municipal Employees, AFL-CIO (AFSCME) Employees Pension Plan has filed 21 shareholder proposals.
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Canadian Employers Eager to Adopt New Pension
January 17, 2012 (PLANSPONSOR.com) - Small and medium business enterprise (SMEs) owners and executives are enthusiastic to adopt the new Pooled Registered Pension Plans (PRPPs).
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Book Reveals Wide Range of 401(k) Plan Fees
January 17, 2012 (PLANSPONSOR.com) - The average total plan cost for a small 401(k) plan (100 participants) is 1.30%.
Reliance Trust Hires National Account Salesperson
January 17, 2012 (PLANSPONSOR.com) - Reliance Trust Company’s Retirement Strategies Group appointed Danny Streiff to its national account sales position.
Plan Must Restore Misplaced Assets Although not Recovered
January 17, 2012 (PLANSPONSOR.com) – A federal appellate court has found that a profit sharing plan must pay back over $1 million in assets wrongly transferred from a...
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Allianz Introduces Managed Volatility Strategies
January 17, 2012 (PLANSPONSOR.com) – Allianz Global Investors Capital (AGIC) is now offering investors managed volatility investment strategies designed to lower expected portfolio risk while achieving above-benchmark returns.
Buck Consultants Names Director of Health and Productivity Practice
January 17, 2012 (PLANSPONSOR.com) - Robert Ferraro, R.Ph. joined Buck Consultants as a director in the firm’s health and productivity practice.
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Number of International Pension Plans Grows in 2011
January 17, 2012 (PLANSPONSOR.com) – Thirty-six new International Pension Plans (IPP) were set-up in 2011, according research from Towers Watson.