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Pension Risk Transfer Affordability Unchanged
Pension Risk Transfer Affordability Unchanged
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.
PLANSPONSOR staff
editors@plansponsor.com
Categories: Industry News
More Employers to Shift Health Care Costs to Employees
More Employers to Shift Health Care Costs to Employees
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.
PLANSPONSOR staff
edi
Categories: Industry News
Catholic Bishops Still Object to Contraception Coverage Rules
Catholic Bishops Still Object to Contraception Coverage Rules
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.
Rebecca Moore
editors@plansponsor.com
Religious employ
Categories: Industry News
Adams to Lead American Savings Education Council
Adams to Lead American Savings Education Council
May 18, 2012 (PLANSPONSOR.com) - Nevin Adams has been named director of the American Savings Education Council.
Rebecca Moore
editors@plansponsor.com
The council is a program of the nonpartisan Employee Benefit Research Institute (EBRI). Nevin
Categories: Industry News
Rowe Joins DCAdvisors Leadership Team
Rowe Joins DCAdvisors' Leadership Team
May 18, 2012 (PLANSPONSOR.com) - DCAdvisors has appointed John Rowe to its client consulting group and leadership team.
PLANSPONSOR staff
editors@plansponsor.com
Rowe, who has worked in the industry for 30 years, is an expert on the use of lifetime incom
Categories: Industry News
Group Offers Guidelines for Public Pension Disclosure Obligations
Group Offers Guidelines for Public Pension Disclosure Obligations
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.
Rebecca Moore
editors@plansponsor.com
Categories: Industry News
Bill Would Close Michigan Teachers Pension
Bill Would Close Michigan Teachers' Pension
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.
Rebecca Moore
editors@plansponsor.com
The bill woul
Categories: Industry News
DOL Notes a Change to Recent Fee Disclosure Guidance
DOL Notes a Change to Recent Fee Disclosure Guidance
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.
Rebecca Moore
editors@plansponsor.com
The guidance
Categories: Industry News
Fiduciary Liability Continues After Company Closing
Fiduciary Liability Continues After Company Closing May 17, 2012 (PLANSPONSOR.com) – Some retirement plan sponsors mistakenly believe their fiduciary liability ended when the company doors closed. Rebecca Moore editors@plansponsor.com An article from Lockton Retirement Services explains that
Categories: Industry News
Protecting Retirement Investments from Risk a Top Concern
Protecting Retirement Investments from Risk a Top Concern 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. PLANSPONSOR staff editors@plansponsor.com
Categories: Industry News
US Chamber of Commerce Makes Retirement Benefits Suggestions
U.S. Chamber of Commerce Makes Retirement Benefits Suggestions 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.
Categories: Industry News
Auto Escalation Proposed for Federal Plan
Auto Escalation Proposed for Federal Plan
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.
Rebecca Moore
editors@plansponsor.com
T
Categories: Industry News
Lockton Lists Audit Concerns for 403bs
Lockton Lists Audit Concerns for 403(b)s
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.
Rebecca Moore
editors@plansponsor.com
The article, in Lockton’s The Key quarter
Categories: Industry News
SC Senate Passes Gentler Version of Pension Reform
S.C. Senate Passes Gentler Version of Pension Reform
May 17, 2012 (PLANSPONSOR.com) - The South Carolina Senate approved a pension reform plan with fewer changes than the state House proposal.
Rebecca Moore
editors@plansponsor.com
The Senate bill allows current employees to continue factorin
Categories: Industry News
ERP Actuaries Hires Director
ERP Actuaries Hires Director
May 17, 2012 (PLANSPONSOR.com) - ERP Actuaries & Consultants hired Bill Radonavitch as director of new business development.
Rebecca Moore
editors@plansponsor.com
Radonavitch's role is to develop new business in the 401(k) marketplace.
With more than
Categories: Industry News
VALIC Endorsed by Georgia Independent College Association
VALIC Endorsed by Georgia Independent College Association
May 18, 2012 (PLANSPONSOR.com) - VALIC has been selected as the exclusive retirement plan provider for the Georgia Independent College Association (GICA).
Rebecca Moore
editors@plansponsor.com
In addition, GICA will recommend VALIC’s
Categories: Industry News
Workers Changing Expectations of Retirement
Workers Change Expectations of Retirement May 16, 2012 (PLANSPONSOR.com) - American workers realize they are behind in saving for retirement, and are adjusting their expectations accordingly. Rebecca Moore editors@plansponsor.com Sixty-nine percent of workers agreed they could save until age
Categories: Industry News
GreatWest Adds Midwest Sales Director to 401k Team
Great-West Adds Midwest Sales Director to 401(k) Team
May 16, 2012 (PLANSPONSOR.com) - Great-West Retirement Services has appointed Matthew Orozco as a regional sales director for the Midwest market .
Rebecca Moore
editors@plansponsor.com
Orozco will work with brokers, financial advis
Categories: Industry News
Plan Administrator Steals Retirement Funds to Purchase Resort
Plan Administrator Steals Retirement Funds to Purchase Resort 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). Rebecca Moore editors@plansponsor.com Th
Categories: Industry News
Institutional Investors Find New Uses for ETFs
Institutional Investors Find New Uses for ETFs
May 16, 2012 (PLANSPONSOR.com) – Institutional investors are finding increasingly strategic uses for exchange-traded funds (ETFs), according to a study from Greenwich Associates.
Rebecca Moore
editors@plansponsor.com
Institutions start using ETF
Categories: Industry News
