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RULES/REGS - May 23, 2012 Pension Fund’s Survivor Benefit Not Gender-BiasedMay 23, 2012 (PLANSPONSOR.com) – A federal appellate court has ruled the San Diego City Employee Retirement System’s (SDCERS) survivor benefit does not disproportionately advantage male retirees. HR/BENEFITS - May 23, 2012 Employment-Based Health Coverage Rate Continues to Shrink May 23, 2012 (PLANSPONSOR.com) – The percentage of workers with employment-based health coverage continues to shrink despite an uptick after the recession, according to a report by the Employee Benefit Research Institute (EBRI). PRODUCTS - May 23, 2012 Arrow Introduces Institutional Share Classes to FundsMay 23, 2012 (PLANSPONSOR.com) - Arrow Investment Advisors, the adviser to Arrow Funds, launched institutional share classes for each of the firm’s five tactical and alternative investment mutual funds. HR/BENEFITS - May 23, 2012 Sponsors of Active DB Plans Remain CommittedMay 23, 2012 (PLANSPONSOR.com) - A significant number of U.S. employers that still offer defined benefit (DB) pension plans say they remain committed to providing those benefits to new salaried employees.
May 23, 2012 (PLANSPONSOR.com) – A federal appellate court has ruled the San Diego City Employee Retirement System’s (SDCERS) survivor benefit does not disproportionately advantage male retirees.
May 23, 2012 (PLANSPONSOR.com) – The percentage of workers with employment-based health coverage continues to shrink despite an uptick after the recession, according to a report by the Employee Benefit Research Institute (EBRI).
May 23, 2012 (PLANSPONSOR.com) - Arrow Investment Advisors, the adviser to Arrow Funds, launched institutional share classes for each of the firm’s five tactical and alternative investment mutual funds.
May 23, 2012 (PLANSPONSOR.com) - A significant number of U.S. employers that still offer defined benefit (DB) pension plans say they remain committed to providing those benefits to new salaried employees.
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May 23, 2012 TRIVIAL PURSUITS Origin of the Term First Lady Mercer Asks Congress for Pension Funding Reforms PRODUCTS - May 23, 2012 SunGard Adds Mobile App to Relius Administration SuiteMay 23, 2012 (PLANSPONSOR.com) – SunGuard has launched a mobile browser option for its Relius Administration web suite of products. PEOPLE - May 22, 2012 Jones Joins iJoin Sales TeamMay 22, 2012 (PLANSPONSOR.com) - iJoin Solutions has named BJ (Betty Jean) Jones to the position of director of new business development. MARKETS - May 22, 2012 More Institutional Investors Using ETFs May 22, 2012 (PLANSPONSOR.com) - Institutional investors are increasingly turning to exchange-traded funds (ETFs) for a variety of fund management practices. HR/BENEFITS - May 22, 2012 J.P. Morgan Sued for Retirement Plan LossesMay 22, 2012 (PLANSPONSOR.com) – A former J.P. Morgan Chase & Co. employee is suing the firm on behalf of retirement plan participants who lost money investing in the company’s stock after the bank reported a $2 billion trading loss. HR/BENEFITS - May 22, 2012 Michigan House Rejects Switch to DC Plan for TeachersMay 22, 2012 (PLANSPONSOR.com) – The Michigan house has approved pension reform for school system employees which does not include a switch to a 401(k)-style plan only. FINANCE - May 22, 2012 TDF Investors Need Better Graphics and DataMay 22, 2012 (PLANSPONSOR.com) - Several Morningstar divisions sent a letter to the Securities and Exchange Commission (SEC) urging the regulator to require target-date series to provide more details about the investments. FINANCE - May 22, 2012 Actuaries Make Suggestions for Stabilizing Pension FundingMay 22, 2012 (PLANSPONSOR.com) – The American Academy of Actuaries has sent letters to lawmakers with suggestions for legislation to stabilize required pension plan contributions. PEOPLE - May 21, 2012 Segal Announces New York Regional ManagerMay 21, 2012 (PLANSPONSOR.com) - The Segal Company has promoted Diane Gleave to the position of New York Regional Manager. PRODUCTS - May 21, 2012 MetLife Enhances Enrollment ProgramMay 21, 2012 (PLANSPONSOR.com) - MetLife announced broader availability and enhancements to its multi-product, multi-channel M-Powered Enrollment program. HR/BENEFITS - May 22, 2012 403(b)s Show Culture of Continuous ImprovementMay 22, 2012 (PLANSPONSOR.com) - Sponsors of 403(b) retirement plans continue to adapt to regulations from the Department of Labor (DOL) and continue to make improvements. May 21, 2012 (PLANSPONSOR.com) - A Kronos survey shows many employees worldwide are playing hooky to watch sports, at a great expense to their employers.
May 23, 2012 (PLANSPONSOR.com) – SunGuard has launched a mobile browser option for its Relius Administration web suite of products.
May 22, 2012 (PLANSPONSOR.com) - iJoin Solutions has named BJ (Betty Jean) Jones to the position of director of new business development.
May 22, 2012 (PLANSPONSOR.com) - Institutional investors are increasingly turning to exchange-traded funds (ETFs) for a variety of fund management practices.
May 22, 2012 (PLANSPONSOR.com) – A former J.P. Morgan Chase & Co. employee is suing the firm on behalf of retirement plan participants who lost money investing in the company’s stock after the bank reported a $2 billion trading loss.
May 22, 2012 (PLANSPONSOR.com) – The Michigan house has approved pension reform for school system employees which does not include a switch to a 401(k)-style plan only.
May 22, 2012 (PLANSPONSOR.com) - Several Morningstar divisions sent a letter to the Securities and Exchange Commission (SEC) urging the regulator to require target-date series to provide more details about the investments.
May 22, 2012 (PLANSPONSOR.com) – The American Academy of Actuaries has sent letters to lawmakers with suggestions for legislation to stabilize required pension plan contributions.
May 21, 2012 (PLANSPONSOR.com) - The Segal Company has promoted Diane Gleave to the position of New York Regional Manager.
May 21, 2012 (PLANSPONSOR.com) - MetLife announced broader availability and enhancements to its multi-product, multi-channel M-Powered Enrollment program.
May 22, 2012 (PLANSPONSOR.com) - Sponsors of 403(b) retirement plans continue to adapt to regulations from the Department of Labor (DOL) and continue to make improvements.
May 21, 2012 (PLANSPONSOR.com) - A Kronos survey shows many employees worldwide are playing hooky to watch sports, at a great expense to their employers.
May 21, 2012 HR/BENEFITS - May 21, 2012 Small Employer Health Insurance Tax Credit Not EnoughMay 21, 2012 (PLANSPONSOR.com) - Fewer small employers claimed the Small Employer Health Insurance Tax Credit in tax year 2010 than were estimated to be eligible. FINANCE - May 21, 2012 Mercer Asks Congress for Pension Funding ReformsMay 21, 2012 (PLANSPONSOR.com) – Mercer is concerned about the significant increase in pension funding requirements driven by historically-low interest rates. RULES/REGS - May 21, 2012 IRS Asked for Relief Concerning Foreign Retirement PlansMay 21, 2012 (PLANSPONSOR.com) – A group of accountants has suggested the Internal Revenue Service change its rules for the reporting of income from foreign retirement accounts held by people in the U.S. HR/BENEFITS - May 21, 2012 Employees Are Skipping Work to Watch SportsMay 21, 2012 (PLANSPONSOR.com) - A new Kronos survey shows that many employees worldwide are playing hooky to watch sports, at a great expense to their employers. HR/BENEFITS - May 21, 2012 Company to Pay $201K for Firing Older EmployeeMay 21, 2012 (PLANSPONSOR.com) - A Carrollton, Texas-based distributor of specialty fasteners will pay $201,000 and furnish other relief to settle an age discrimination lawsuit brought by the U.S. Equal Employment Opportunity Commission (EEOC). FINANCE - May 21, 2012 More Multiemployer Pension Plans Fall Out of Green ZoneMay 21, 2012 (PLANSPONSOR.com) - Results of Segal’s latest zone-status survey of multiemployer pension plans show that they are still facing formidable funding challenges. RULES/REGS - May 21, 2012 DOL Recovers Retirement Plan Assets for ParticipantsMay 21, 2012 (PLANSPONSOR.com) – Two companies have settled lawsuits with the Department of Labor (DOL), agreeing to restore retirement assets to participants. HR/BENEFITS - May 21, 2012 401(k) Participation Rate Higher with Auto Features May 21, 2012 (PLANSPONSOR.com) - Combining 401(k) plan features including automatic enrollment, automatic increase and personalized saving/investing advice can significantly increase employee participation rates.
May 21, 2012 (PLANSPONSOR.com) - Fewer small employers claimed the Small Employer Health Insurance Tax Credit in tax year 2010 than were estimated to be eligible.
May 21, 2012 (PLANSPONSOR.com) – Mercer is concerned about the significant increase in pension funding requirements driven by historically-low interest rates.
May 21, 2012 (PLANSPONSOR.com) – A group of accountants has suggested the Internal Revenue Service change its rules for the reporting of income from foreign retirement accounts held by people in the U.S.
May 21, 2012 (PLANSPONSOR.com) - A new Kronos survey shows that many employees worldwide are playing hooky to watch sports, at a great expense to their employers.
May 21, 2012 (PLANSPONSOR.com) - A Carrollton, Texas-based distributor of specialty fasteners will pay $201,000 and furnish other relief to settle an age discrimination lawsuit brought by the U.S. Equal Employment Opportunity Commission (EEOC).
May 21, 2012 (PLANSPONSOR.com) - Results of Segal’s latest zone-status survey of multiemployer pension plans show that they are still facing formidable funding challenges.
May 21, 2012 (PLANSPONSOR.com) – Two companies have settled lawsuits with the Department of Labor (DOL), agreeing to restore retirement assets to participants.
May 21, 2012 (PLANSPONSOR.com) - Combining 401(k) plan features including automatic enrollment, automatic increase and personalized saving/investing advice can significantly increase employee participation rates.
May 20, 2012
May 19, 2012 Protecting Retirement Investments from Risk a Top Concern
May 18, 2012 FINANCE - May 18, 2012 Pension Risk Transfer Affordability UnchangedMay 18, 2012 (PLANSPONSOR.com) - The Dietrich Pension Risk Transfer Index, which tracks the relative attractiveness of annuitizing pension liabilities, was nearly unchanged from its prior month’s level of 89.44. HR/BENEFITS - May 18, 2012 More Employers to Shift Health Care Costs to EmployeesMay 18, 2012 (PLANSPONSOR.com) - Cost-shifting to employees will continue, and companies will ramp up efforts to encourage employees to adopt healthy habits and save for health care costs in retirement, Fidelity Investments says. RULES/REGS - May 18, 2012 Catholic Bishops Still Object to Contraception Coverage RulesMay 18, 2012 (PLANSPONSOR.com) – The U.S. Conference of Catholic Bishops (USCCB) says the exemptions put into the new health law’s contraception coverage rules are not enough. PEOPLE - May 18, 2012 Adams to Lead American Savings Education CouncilMay 18, 2012 (PLANSPONSOR.com) - Nevin Adams has been named director of the American Savings Education Council. PEOPLE - May 18, 2012 Rowe Joins DCAdvisors' Leadership TeamMay 18, 2012 (PLANSPONSOR.com) - DCAdvisors has appointed John Rowe to its client consulting group and leadership team. FINANCE - May 18, 2012 Group Offers Guidelines for Public Pension Disclosure ObligationsMay 18, 2012 (PLANSPONSOR.com) – The National Association of Bond Lawyers (NABL) has published guidelines for state and local government disclosure obligations when offering bonds to the market. HR/BENEFITS - May 18, 2012 Bill Would Close Michigan Teachers' PensionMay 17, 2012 (PLANSPONSOR.com) - Legislation that would close the teachers’ pension plan to new public school employees and put them into a 401(k)-style retirement plan passed the Michigan Senate. RULES/REGS - May 18, 2012 DOL Notes a Change to Recent Fee Disclosure GuidanceMay 18, 2012 (PLANSPONSOR.com) - The Department of Labor’s Employee Benefits Security Administration made a technical correction to recently released Field Assistance Bulletin No. 2012-02. May 17, 2012 (PLANSPONSOR.com) - The U.S. Chamber of Commerce released a white paper offering guidelines about initiatives and reforms that will bolster the voluntary employment-based retirement benefits system and retirement security for workers. PRODUCTS - May 18, 2012 VALIC Endorsed by Georgia Independent College AssociationMay 18, 2012 (PLANSPONSOR.com) - VALIC has been selected as the exclusive retirement plan provider for the Georgia Independent College Association (GICA). PRODUCTS - May 18, 2012 Lockton Lists Audit Concerns for 403(b)sMay 18, 2012 (PLANSPONSOR.com) – Lockton Retirement Services has published an article describing common audit issues uncovered during the most recent 403(b) plan audits. May 17, 2012 (PLANSPONSOR.com) – Some retirement plan sponsors mistakenly believe their fiduciary liability ends when the company doors close.
May 18, 2012 (PLANSPONSOR.com) - The Dietrich Pension Risk Transfer Index, which tracks the relative attractiveness of annuitizing pension liabilities, was nearly unchanged from its prior month’s level of 89.44.
May 18, 2012 (PLANSPONSOR.com) - Cost-shifting to employees will continue, and companies will ramp up efforts to encourage employees to adopt healthy habits and save for health care costs in retirement, Fidelity Investments says.
May 18, 2012 (PLANSPONSOR.com) – The U.S. Conference of Catholic Bishops (USCCB) says the exemptions put into the new health law’s contraception coverage rules are not enough.
May 18, 2012 (PLANSPONSOR.com) - Nevin Adams has been named director of the American Savings Education Council.
May 18, 2012 (PLANSPONSOR.com) - DCAdvisors has appointed John Rowe to its client consulting group and leadership team.
May 18, 2012 (PLANSPONSOR.com) – The National Association of Bond Lawyers (NABL) has published guidelines for state and local government disclosure obligations when offering bonds to the market.
May 17, 2012 (PLANSPONSOR.com) - Legislation that would close the teachers’ pension plan to new public school employees and put them into a 401(k)-style retirement plan passed the Michigan Senate.
May 18, 2012 (PLANSPONSOR.com) - The Department of Labor’s Employee Benefits Security Administration made a technical correction to recently released Field Assistance Bulletin No. 2012-02.
May 17, 2012 (PLANSPONSOR.com) - The U.S. Chamber of Commerce released a white paper offering guidelines about initiatives and reforms that will bolster the voluntary employment-based retirement benefits system and retirement security for workers.
May 18, 2012 (PLANSPONSOR.com) - VALIC has been selected as the exclusive retirement plan provider for the Georgia Independent College Association (GICA).
May 18, 2012 (PLANSPONSOR.com) – Lockton Retirement Services has published an article describing common audit issues uncovered during the most recent 403(b) plan audits.
May 17, 2012 (PLANSPONSOR.com) – Some retirement plan sponsors mistakenly believe their fiduciary liability ends when the company doors close.
Auto Escalation Proposed for Federal PlanMay 17, 2012 (PLANSPONSOR.com) - U.S. Senator Daniel Akaka (D-Hawaii) introduced a bill to build on efforts to incorporate private sector best practices into the Thrift Savings Plan (TSP) for federal employees. HR/BENEFITS - May 17, 2012
May 17, 2012 (PLANSPONSOR.com) - U.S. Senator Daniel Akaka (D-Hawaii) introduced a bill to build on efforts to incorporate private sector best practices into the Thrift Savings Plan (TSP) for federal employees.
Workers Changing Expectations of Retirement HR/BENEFITS - May 17, 2012 Protecting Retirement Investments from Risk a Top ConcernMay 17, 2012 (PLANSPONSOR.com) - Protecting retirement assets from risk is the most important concern for Americans of every age, according to Charles Schwab’s quarterly Retirement Pulse Survey. HR/BENEFITS - May 17, 2012 U.S. Chamber of Commerce Makes Retirement Benefits SuggestionsMay 17, 2012 (PLANSPONSOR.com) - The U.S. Chamber of Commerce released a white paper offering guidelines on initiatives and reforms that will bolster the voluntary employment-based retirement benefits system and retirement security for workers. HR/BENEFITS - May 17, 2012 S.C. Senate Passes Gentler Version of Pension ReformMay 17, 2012 (PLANSPONSOR.com) - The South Carolina Senate approved a pension reform plan with fewer changes than the state House proposal. PRODUCTS - May 17, 2012 Fiduciary Liability Continues After Company ClosingMay 17, 2012 (PLANSPONSOR.com) – Some retirement plan sponsors mistakenly believe their fiduciary liability ended when the company doors closed. PEOPLE - May 17, 2012 ERP Actuaries Hires Director May 17, 2012 (PLANSPONSOR.com) - ERP Actuaries & Consultants hired Bill Radonavitch as director of new business development.
May 17, 2012 (PLANSPONSOR.com) - Protecting retirement assets from risk is the most important concern for Americans of every age, according to Charles Schwab’s quarterly Retirement Pulse Survey.
May 17, 2012 (PLANSPONSOR.com) - The U.S. Chamber of Commerce released a white paper offering guidelines on initiatives and reforms that will bolster the voluntary employment-based retirement benefits system and retirement security for workers.
May 17, 2012 (PLANSPONSOR.com) - The South Carolina Senate approved a pension reform plan with fewer changes than the state House proposal.
May 17, 2012 (PLANSPONSOR.com) – Some retirement plan sponsors mistakenly believe their fiduciary liability ended when the company doors closed.
May 17, 2012 (PLANSPONSOR.com) - ERP Actuaries & Consultants hired Bill Radonavitch as director of new business development.
May 17, 2012 Workers Need Better Sources for Retirement Planning Information
PEOPLE - May 16, 2012 Great-West Adds Midwest Sales Director to 401(k) TeamMay 16, 2012 (PLANSPONSOR.com) - Great-West Retirement Services has appointed Matthew Orozco as a regional sales director for the Midwest market. Workers Changing Expectations of RetirementMay 16, 2012 (PLANSPONSOR.com) - American workers realize they are behind in saving for retirement, and are adjusting their expectations accordingly. RULES/REGS - May 16, 2012 Plan Administrator Steals Retirement Funds to Purchase ResortMay 16, 2012 (PLANSPONSOR.com) - The U.S. Department of Labor has filed a complaint in a federal court in Idaho regarding a violation of the Employee Retirement Income Security Act (ERISA). FINANCE - May 16, 2012 Institutional Investors Find New Uses for ETFsMay 16, 2012 (PLANSPONSOR.com) - Institutional investors are finding increasingly strategic uses for exchange-traded funds (ETFs), according to a study from Greenwich Associates. HR/BENEFITS - May 16, 2012 GAO Suggests DOL Work on Getting Older Americans EmployedMay 16, 2012 (PLANSPONSOR.com) – The U.S. Government Accountability Office (GAO) recommends that, as the economy improves, the Department of Labor (DOL) refocus on older job seekers. HR/BENEFITS - May 16, 2012
May 16, 2012 (PLANSPONSOR.com) - Great-West Retirement Services has appointed Matthew Orozco as a regional sales director for the Midwest market.
May 16, 2012 (PLANSPONSOR.com) - American workers realize they are behind in saving for retirement, and are adjusting their expectations accordingly.
May 16, 2012 (PLANSPONSOR.com) - The U.S. Department of Labor has filed a complaint in a federal court in Idaho regarding a violation of the Employee Retirement Income Security Act (ERISA).
May 16, 2012 (PLANSPONSOR.com) - Institutional investors are finding increasingly strategic uses for exchange-traded funds (ETFs), according to a study from Greenwich Associates.
May 16, 2012 (PLANSPONSOR.com) – The U.S. Government Accountability Office (GAO) recommends that, as the economy improves, the Department of Labor (DOL) refocus on older job seekers.
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