Mutual Funds See Net Outflows in July
August 12, 2011 (PLANSPONSOR.com) - Uncertainty over the economy accelerated in July, causing U.S. mutual fund investors to net redeem an estimated $16 billion in cash out of...
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Employers Win in CA Workers’ Comp COLA Case
August 12, 2011 (PLANSPONSOR.com) - California’s Supreme Court handed employers and insurers a victory in a closely watched dispute over annual cost-of-living adjustments for certain workers compensation claimants,...
Asia Funds Attract $15B in June
August 12, 2011 (PLANSPONSOR.com) - In June, excluding short-term money products, local funds in Asia attracted over $15 billion in net flows, according to Strategic Insight, an Asset...
State Pension Funds Sue BoNY Mellon over FX Charges
August 12, 2011 (PLANSPONSOR.com) - Virginia and Florida are suing the Bank of New York Mellon over the institution's handling of foreign currency exchanges.
Appellate Court Finds Cash Balance Plan not Age Biased
August 12, 2011 (PLANSPONSOR.com) – A federal appellate court has upheld a ruling that the cash balance plan offered by El Paso Corporation does not violate the Employee...
Benefits |
403(b)s Are Here to Stay
August 12, 2011 (PLANSPONSOR.com) - Although regulations have been streamlined to make 403(b) plans more consistent with 401(k) plans, not-for-profit organizations intend to maintain their current plans, according...
Benefits |
Medical Center Accused of Gender Discrimination
August 12, 2011 (PLANSPONSOR.com) - The Equal Employment Opportunity Commission (EEOC) has filed suit in federal court against Audrain Medical Center in Mexico, Missouri, alleging that it violated...
Benefits |
Postal Service Wants to Withdraw from Federal Retirement Plan
August 11, 2011 (PLANSPONSOR.com) - The U.S. Postal Service is seeking to withdraw its employees from the health and retirement plans that cover federal staffers and create its...
Benefits |
Study Finds Increased Interest in Voluntary Benefits
August 11, 2011 (PLANSPONSOR.com) - Thirty percent of U.S. employers (10 employees or more) said they are considering adding a new voluntary benefit option within the next two years,...
Benefits |
Museum Employee Given Permanent Potty Break
August 11, 2011 (PLANSPONSOR.com) - A famed Austrian museum has fired an employee for washing his hands and face with his urine.
Benefits |
Workers Cut Back Retirement Savings to Make Ends Meet
August 11, 2011 (PLANSPONSOR.com) - Some workers are making ends meet by foregoing long-term savings, according to a new CareerBuilder survey.
Benefits |
OfficeTeam Offers Employer Perspective on Interviews
August 11, 2011 (PLANSPONSOR.com) - OfficeTeam has identified things every job seeker should know about the interview process from the employer's point of view and offers tips addressing...
Wilmington Trust Adds Business Development Team
August 11, 2011 (PLANSPONSOR.com) – Stephen Johnson and Eric Mull will join Wilmington Trust as part of the company’s business development initiative.
PBGC Negotiates $19M Pension Payment from Steel Mill
August 11, 2011 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation announced an agreement with Gerdau that will add $18.6 million in additional funding for two pension plans covering...
PBGC Negotiates $19M Pension Payment from Steel Mill
August 11, 2011 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation announced an agreement with Gerdau that will add $18.6 million in additional funding for two pension plans covering...
DoL Considering Tool to Monitor Federal Contractor Pay
August 11, 2011 (PLANSPONSOR.com) - The U.S. Department of Labor's Office of Federal Contract Compliance Programs is considering the development of a new data tool to collect information...
Products |
DoL App Turns Up Heat on Heat-Related Illness
August 11, 2011 (PLANSPONSOR.com) – The Labor Department is turning up the heat on heat-related illnesses with a new mobile app.
U.S. ETF Inflows Continue Increase in July
August 11, 2011 (PLANSPONSOR.com) - June saw the U.S. exchange-traded fund industry rebound with net inflows of $9.8 billion, and July saw that trend continue as U.S. ETFs...
Investors Bail out of Mutual Funds in July
August 11, 2011 (PLANSPONSOR.com) - June's trends accelerated in July with estimated long-term fund outflows quadrupling to $17.1 billion, according to data from Morningstar.
Mutual Funds to See Moderate Growth in 2011
August 11, 2011 (PLANSPONSOR.com) - Mutual fund asset growth is expected to moderate to a 10% rate in 2011, as compared to the 16% increase experienced in 2010,...