Tax Court Enforces 10% Penalty on Deemed Distribution
August 22, 2011 (PLANSPONSOR.com) - A tax court has upheld the 10% early distribution penalty that the Internal Revenue Service (IRS) imposed on a deemed distribution of a...
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Federal Retirement Thrift Investment Board Names New Chair
August 22, 2011 (PLANSPONSOR.com) – The Federal Retirement Thrift Investment Board announced Board member Michael D. Kennedy has been...
State AGs File Brief in Support of HCR
August 22, 2011 (PLANSPONSOR.com) – California Attorney General Kamala D. Harris has filed a brief in the 8th U.S. Circuit Court of Appeals supporting the constitutionality of the...
Benefits |
Having Enough Money for Retirement is a Top Financial Goal
August 22, 2011 (PLANSPONSOR.com) – A new survey from the National Endowment for Financial Education (NEFE) finds almost half...
J.P. Morgan Cites Institutional Investor Trends
August 22, 2011 (PLANSPONSOR.com) - J.P. Morgan said it is seeing many of its clients actively taking advantage of the down markets to rebalance and get back to...
Products |
EBS Global Solutions Joins Worldwide Broker Network
August 22, 2011 (PLANSPONSOR.com) – Employee Benefit Solutions, Inc. has announced that its Global Solutions practice has joined the Worldwide Broker Network.
Products |
Plan Data Publisher Releases Form 5500 Data
August 22, 2011 (PLANSPONSOR.com) - Judy Diamond Associates, publisher of employee benefits industry prospecting tools and plan data, announced the delivery of 2010 plan year data.
Benefits |
3M to Pay $3M to Settle Age Bias Suit
August 22, 2011 (PLANSPONSOR.com) - Global technology giant 3M has agreed to pay $3 million to a class of former employees to resolve a nationwide age discrimination lawsuit...
Benefits |
CA Auto Plant Settles EEOC Suit
August 22, 2011 (PLANSPONSOR.com) - New United Motors & Manufacturing, Inc. (NUMMI), what the Equal Employment Opportunity Commission says is California’s last auto plant, has agreed to contribute...
Benefits |
Financial Incentives Affect Retirement Decisions
August 22, 2011 (PLANSPONSOR.com) – A paper released by the National Bureau of Economic Research (NBER) presents new empirical evidence on the effects of retirement benefits on...
Benefits |
Employers Continue to Differ Raises Based on Performance
August 22, 2011 (PLANSPONSOR.com) - U.S. employers are projecting moderate pay raises for employees next year, but do expect to fully fund their annual bonuses for workers this...
Court Upholds Jury Award for Fired Police Officer
August 22, 2011 (PLANSPONSOR.com) – The 3rd U.S. Circuit Court of Appeals has upheld a jury award to a former police officer fired for opposing discrimination by his...
Investment Managers Find Economy and Regulations Hampering Growth
August 22, 2011 (PLANSPONSOR.com) - The dual impact of the persistently weak economic environment and new regulations is keeping investment management companies on a slow growth track, according...
KPMG Report Reveals Typical Fraudster
August 22, 2011 (PLANSPONSOR.com) – KPMG released the results from its 2011 Who is a Typical Fraudster? report.
New Sales Director Joins PAI
August 22, 2011 (PLANSPONSOR.com) – Health insurance provider and health plan TPA Planned Administrators Inc. (PAI) has announced the appointment of T. Clayton Kelley as director of sales.
Benefits |
Settlement Reached in ESOP Fiduciary Breach Suit
August 22, 2011 (PLANSPONSOR.com) – L.A. Times employees of media company Tribune who sued over the 2007 Sam Zell-led takeover of the company have won a $32 million...
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Vendor Value Index Targets Unwarranted Fee Arrangements
August 19, 2011 (PLANSPONSOR.com) - Fiduciary advisor Roland|Criss has announced a new offering to help pension and foundation executives assess their vendors’ performance and fees.
Benefits |
Elder Lifeguard Fired for Refusing to Wear Speedo
August 19, 2011 (PLANSPONSOR.com) – A 61-year-old lifeguard is claiming his firing for refusing to wear a Speedo swimsuit is age discrimination.
Vanguard Adds to Fixed Income Group
August 19, 2011 (PLANSPONSOR.com) - Vanguard announced that Gemma Wright-Casparius has joined the investment management firm’s Fixed Income Group as a principal and senior portfolio manager.
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Transamerica Introduces Global Tactical Income Fund
August 19, 2011 (PLANSPONSOR.com) - Transamerica Asset Management Group is launching Transamerica Global Tactical Income in October.