HR/BENEFITS -
May 20, 2013
Early Boomers Last to Retire Comfortably
May 20, 2013 (PLANSPONSOR.com) – Early boomers, born between 1946 and 1955, may be the last group with enough savings to maintain financial security through their retirement, according to a study.
HR/BENEFITS -
May 20, 2013
Who Worries More, Men or Women?
May 20, 2013 (PLANSPONSOR.com) – Retirement savings, health issues and their children’s finances are concerns for women; while men worry about debt, both household and the national level.
RULES/REGS -
May 20, 2013
Bill Aims to Fend Off Fiduciary Status for Appraisers
May 20, 2013 (PLANSPONSOR.com) – Congressmen have introduced a bill to modify the definition of fiduciary under the Employee Retirement Income Security Act (ERISA).
HR/BENEFITS -
May 20, 2013
Jacob and Sophia Top Baby Names List
May 20, 2013 (PLANSPONSOR.com) - Jacob and Sophia are repeat champions as America’s most popular baby names for 2012.
RULES/REGS -
May 20, 2013
Senators Investigate Practice of Pension Sales
May 20, 2013 (PLANSPONSOR.com) – A Senate committee has asked the National Association of Attorneys General (NAAG) for more information about the practice of pension sales or advances.
PRODUCTS -
May 20, 2013
Morningstar Expands Equity Research
May 20, 2013 (PLANSPONSOR.com) - Morningstar, Inc. expanded its equity coverage with the introduction of quantitative ratings and reports for approximately 28,000 companies globally.
HR/BENEFITS -
May 20, 2013
Small Plans Early Adopters of In-Plan Guarantees
May 20, 2013 (PLANSPONSOR.com) – Defined contribution (DC) in-plan guarantee assets totaled $2.2 billion as of December 2012, according to a new LIMRA survey.
HR/BENEFITS -
May 20, 2013
Retirement Income Sources Depend on Income, Age
May 20, 2013 (PLANSPONSOR.com) – Both income and age affect how preretirees foresee funding for their retirement, according to a recent Gallup poll.
PRODUCTS -
May 20, 2013
Mesirow Fiduciary Services Available on RPG Platform
May 20, 2013 (PLANSPONSOR.com) – Mesirow Financial and RPG Consultants announced an alliance for 3(38) fiduciary services.
RULES/REGS -
May 17, 2013
Morgan Stanley, ING Sued for Plan Services Alliance
May 17, 2013 (PLANSPONSOR.com) – An Alabama-based dermatopathology laboratory has filed a complaint regarding fees paid to its retirement plan broker.
RULES/REGS -
May 17, 2013
Bill Would Allow Retention of Unspent FSA Funds
May 17, 2013 (PLANSPONSOR.com) – Two members of the Senate Finance Committee introduced legislation that would keep workers' unspent funds from a flexible spending account (FSA) in their own pockets.
HR/BENEFITS -
May 17, 2013
Five Tips for Improving Retirement Readiness
May 17, 2013 (PLANSPONSOR.com) – Plan sponsors must move beyond
“one-dimensional” measures of retirement plan success such as participation and
average contribution rates, according to a source at Transamerica Retirement
Solutions.
RULES/REGS -
May 17, 2013
ERRP Will Sunset at Start of 2014
May 17, 2013 (PLANSPONSOR.com) – The Early Retiree Reinsurance Program (ERRP) will terminate January 1, 2014.
HR/BENEFITS -
May 17, 2013
Employer Match Changes Not Widespread Reaction
May 17, 2013 (PLANSPONSOR.com) – When you look at the big picture, defined contribution plan sponsors making changes to matching contributions was not a widespread reaction to the recession.
HR/BENEFITS -
May 17, 2013
Ill. Universities Agree to Take Pension Obligations
May 17, 2013 (PLANSPONSOR.com) – Illinois House Speaker Michael Madigan has come to a preliminary agreement with the state’s universities and community colleges to take on some pension obligations.
FINANCE -
May 17, 2013
Canadian Pension Plan Assets Increase in 2013
May 17, 2013 (PLANSPONSOR.com) – The Canadian Pension Plan (CPP) ended its fiscal year March 31 with net assets of $183.3 billion, compared to $161.6 billion for 2012.
PRODUCTS -
May 17, 2013
Fidelity Provides Mobile Access to Accounts
May 17, 2013 (PLANSPONSOR.com) – Fidelity Investments has introduced its NetBenefits Smartphone application.
FINANCE -
May 16, 2013
Considering a Holistic Glide Path Solution
May 16, 2013 (PLANSPONSOR.com) - In the current low-rate environment, defined benefit (DB) plan sponsors may want to implement a “holistic” glide path solution.
FINANCE -
May 16, 2013
Pension Risk Transfer Attractiveness on Even Keel
May
16, 2013 (PLANSPONSOR.com) – Even through a waning rate environment, the
relative attractiveness of annuitizing pension liabilities stayed stable.
RULES/REGS -
May 16, 2013
Deadlines Unchanged During IRS Furloughs
May 17, 2013 (PLANSPONSOR.com) – The Internal Revenue Service (IRS) released details about closures planned for May 24, June 14, July 5, July 22 and August 30, 2013.