Nearly half (49%) of all employees say, because of the economy, they are counting on employers’ benefits programs to help with their financial protection needs.
The Government Accountability Office (GAO) reemphasized its recommendation that the Department of Labor (DoL) provide guidance for defined benefit (DB) plans that invest in alternatives.
Matrix Financial Solutions will provide its plan data feed service, part of the Matrix Broker/Dealer (BD) solutions suite, to UBS Wealth Management US.
Former Northrop Grumman employees failed to prove that the company intended to mislead employees with a contradiction from plan terms in its summary plan description (SPD).
According to J.P. Morgan Asset Management’s 2012 market predictions, areas of concern for investors in 2011 have been some of the best-performing areas so far this year.