Tag: Outsourcing

DBSummit07: The Outsourcing Dilemma

Increasing complexity of defined benefit plan administration brought on by new regulations is leading sponsors to take a new look at outsourcing solutions.

Schwab Sub Snares RIA Back Office Outsourcer

December 13, 2007 (PLANSPONSOR.com) - Raleigh, NC-based Schwab Performance Technologies (SPT) has entered into an agreement to acquire RIA back office outsourcing provider Etelligent Consulting, Inc.

Mazor Tapped for Fidelity HR Services Post

November 6, 2007 (PLANSPONSOR.com) - Fidelity Investments has named Arthur H. Mazor as senior vice president of Product Management & Marketing, a newly created position within its Human Resources Services unit.

ACS/UBS Alliance Offers Sponsors End-to-End DC and DB Solution

October 15, 2007 (PLANSPONSOR.com) - Affiliated Computer Services, Inc. (ACS) and UBS Global Asset Management have announced the formation of a new strategic alliance that will offer FORTUNE 500 plan sponsors an end-to-end retirement solution for defined contribution and defined benefit plans.

Recruitment Outsourcing Sees Dramatic 2006 Growth

April 11, 2007 (PLANSPONSOR.com) - A survey by a St. Petersburg, Florida-based HR research firm has found that more than a third (34.4%) of companies have outsourced parts of their recruiting function, compared with 15.4% in 2005.

ACS Scores $171M HR BPO Outsourcing Contract From GlaxoSmithKline

February 13, 2007 (PLANSPONSOR.com) - Affiliated Computer Services, Inc. (ACS) announced Tuesday that it won a 10-year, $171 million contract to provide human resource business process outsourcing services to GlaxoSmithKline (GSK), extending its relationship with the company beyond the IT sector.

Is Sponsorship Transfer Next Frozen DB Plan Solution?

As a growing number of defined benefit plan sponsors contemplate freezing those programs, a panel of industry professionals at PLANSPONSOR's 2006 DB Summit predicted the emergence of a new entity that will not only take on administration - but might actually become the new sponsor of the plans.

BPO and IT Outsourcing Demand Slides in Q406

January 16, 2006 (PLANSPONSOR.com) - The demand for business process outsourcing and information technology outsourcing slowed by 13% in the fourth quarter, according to EquaTerra's 4Q06 Outsourcing Pulse Surveys.

Research Finds Nearly $16M in Savings from Offshoring HR Functions

December 28, 2006 (PLANSPONSOR.com) - Research by The Hackett Group found offshoring of back-office functions could generate $58 billion in annual savings for Fortune 500 companies - $15.6 billion of which can be generated from offshoring certain human resources operations.