Milliman Reports Record Pension Funding Drop
October 7, 2011 (PLANSPONSOR.com) - The funded status of the 100 largest corporate defined benefit pension plans dropped by $124 billion during September 2011 as measured by the...
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Several Pennsylvania Government Pension Plans to Receive State Aid
October 7, 2011 (PLANSPONSOR.com) - Pennsylvania Auditor General Jack Wagner said 87% of the state's 1,488 municipalities receiving state aid for their pension plans covering fire, police, and non-uniformed personnel...
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Survey Reveals Consumer Health Care Habits
October 7, 2011 (PLANSPONSOR.com) – According to the 2011 Health Confidence Survey (HCS), many Americans see themselves as good consumers of the health care system.
Lockton Appoints New Account Executive
October 7, 2011 (PLANSPONSOR.com) – Lockton has appointed Pam Kail to a leadership role in employee benefits in its...
DoL Sues Doctor for Loans from Plan
October 7, 2011 (PLANSPONSOR.com) – The U.S. Department of Labor has sued an Alabama medical office and its physician owner for using profit sharing plan assets to fund...
Court Dismisses Stock Drop Claims against Lehman Brothers
October 7, 2011 (PLANSPONSOR.com) – The U.S. District Court for the Southern District of New York has ruled that Lehman Brothers did not violate its fiduciary duties...
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NC Health System Moves to 401(a), 457 Plan Offering
October 7, 2011 (PLANSPONSOR.com) - Johnston County, North Carolina's hospital system is implementing cost-saving measures - including enrolling new hires in what it says is a cheaper retirement...
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University Charged with Retaliation for Age Bias Claim
October 7, 2011 (PLANSPONSOR.com) - A private university violated federal law by retaliating against a college counselor who testified to witnessing age discrimination during an internal investigation, the...
New Program Honors Outstanding School District Employees
October 7, 2011 (PLANSPONSOR.com) - National Life Group has unveiled a new program to recognize outstanding educators, administrators, and school district employees who work in K-12 schools.
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Paper Claims Vendor Choice Reduction Reduces 403(b) Participation
October 7, 2011 (PLANSPONSOR.com) - The American Society of Pension Professionals & Actuaries (ASPPA) Pension Education and Research Foundation (PERF) issued research on the impact of choice and...
State Street Execs Depart Amidst Trading Cost Challenge
October 6, 2011 (PLANSPONSOR.com) - State Street Global Markets’ (SSgM) Ross McLellan and Edward Pennings – global head of SSgM’s portfolio solutions group and head...
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Declining Retirement Confidence Transcends Political Affiliation
October 6, 2011 (PLANSPONSOR.com) - Bill McInturff, a partner at polling firm Public Opinion Strategies, told a group of reporters that it is upsetting and unsettling to see...
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Most Canadians Envision Adequate Savings to Choose Their Retirement Date
October 6, 2011 (PLANSPONSOR.com) - Canadians anticipate saving enough to retire at age 63, and most see themselves entering retirement without debt, according to a new CIBC poll.
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Survey Finds Caution and Seasonality Will Influence Hiring
October 6, 2011 (PLANSPONSOR.com) – Caution and seasonality are influencing hiring expectations for the fourth quarter, according to a recent survey by CareerBuilder.
Report Finds Private Pension System Stable
October 6, 2011 (PLANSPONSOR.com) – According to a new report by the Society of Actuaries (SOA), as a group, sponsors of private, single-employer defined benefit pension plans will...
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Newport Group Aims to Help Participants with Retirement Income Planning
October 6, 2011 (PLANSPONSOR.com) - The Newport Group has created a new section on its Web site called “My...
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BlackRock Launches Three Alternative Mutual Funds
October 6, 2011 (PLANSPONSOR.com) - BlackRock, Inc. announced the launch of three mutual funds featuring alternative investment strategies available to the firm's U.S. retail and high net worth...
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BlackRock Launches Three Alternative Mutual Funds
October 6, 2011 (PLANSPONSOR.com) - BlackRock, Inc. announced the launch of three mutual funds featuring alternative investment strategies available to the firm's U.S. retail and high net worth...
U.S. Pension Funding Ratios Decline Sharply During Third Quarter
October 6, 2011 (PLANSPONSOR.com) - The UBS Global Asset Management US Pension Fund Fitness Tracker found the typical pension...
U.S. Companies Add $9.6B to Dividend Payments in Q3
October 6, 2011 (PLANSPONSOR.com) - S&P Indices announced dividend increases rose 17.1% during the third quarter of 2011, with 350 issues increasing their dividends.