Japanese Company May Be Liable for Terminated U.S. Pension
A Japanese company that acquired the now-defunct Metaldyne Corporation may be found liable for termination premiums for Metaldyne’s pension plan.
News
ERIC President Announces Retirement
Mark Ugoretz, president of The ERISA Industry Committee (ERIC), announced he will retire on June 1.
Women Less Prepared for Retirement
Women have distinct challenges and special needs when planning for retirement.
Mercer Encourages Greater Partnership with Advisers
Advisers can help retirement plan sponsors with the task of creating the most effective plan for participants and maintaining a plan compliant with various regulations.
Pensionmark Names New Wealth Management Adviser
Mallory Van Leeuwen, previously with Wells Fargo Advisors, will lead the strategies division at Pensionmark Retirement Group.
When Using an iPad, How Low Should You Go?
The lower you hold your iPad, the more likely you are to experience shoulder and neck pain, a study shows.
Russell and Barclays Launch LDI Index Series
Russell Investments and Barclays launched a set of investable liability-driven investment (LDI) fixed-income benchmarks for U.S. corporate pension funds.
SageView Adds Three Investment Analysts
SageView Advisory Group announced Melissa Burley, Arley Reyes and Bijan Khairollahi as the newest members of its investment team.
DOL Hosts Fiduciary Responsibilities Seminar in Dallas
The Department of Labor (DOL) is hosting “Getting It Right – Know Your Fiduciary Responsibilities” in Dallas on May 22.
Employer Cannot Use ERISA to Stop Deferred Compensation Benefits
An employer cannot use the Employee Retirement Income Security Act’s provisions to terminate benefit payments under a deferred compensation agreement.
Warner Norcross Initiates Blog Focused on New Developments
The attorneys and securities compliance consultants at Warner Norcross and Judd LLP, a Michigan law firm, started a blog for broker/dealers, advisers and private investment funds.
Advisers Say They Need Broader Education on Retirement Income Planning
A majority of advisers (93%) surveyed said they felt the need for more education on retirement income planning.
Great-West Launches Retirement Income Offering
Great-West Life & Annuity Insurance Company introduced a retirement income product that combines the traits of a mutual fund with a lifetime income guarantee.
Cambridge Teams with Fiduciary Benchmarks
Cambridge Investment Research Inc. selected Fiduciary Benchmarks to meet ERISA’s 408(b)2 disclosure regulations, slated to go into effect July 1.
Towers Watson Details Fairer Hedge Fund Fees
About a third of outperformance from skill should go to hedge fund managers in the form of fees, and the rest to the investor, a report says.