Tag: Defined benefit

A case heard in federal appeals court this week asks whether increasingly common pension risk transfer moves by large corporate plan sponsors are putting retirees at increased risk.

A majority of institutional asset managers surveyed by Cerulli Associates have received client requests for socially and environmentally responsible investing mandates.

The Mercer U.S. Pension Buyout Index shows the average pension buyout cost decreased significantly during December.

The Department of Labor’s Employee Benefits Security Administration says a new disclosure rule will ensure workers receive annual funded status notifications for their defined benefit pension plans.

A federal appellate court has agreed with the PBGC that a retirement plan amendment adopted after the plan’s termination impermissibly reduced its benefit obligations to participants.

Institutional asset managers are still bullish on U.S. stocks for 2015, though global volatility concerns continue.

The Timken Company has agreed to purchase a group annuity from Prudential to pay retirees’ future pension benefits.

Broadridge Financial Solutions has signed an agreement to acquire the trade processing business of the Wilmington Trust Retirement and Institutional Services (WTRIS) unit of M&T Bank Corp.

Retirement plan sponsors surveyed repeatedly expressed frustration with regulatory complexity and concern about greater worker mobility.

The surviving spouse of a fully vested participant in a FedEx pension plan claims she is being unlawfully denied a survivor annuity benefit owed to her by the...

PLANADVISER announced today the winners of the second annual Advisers’ Choice Awards, to be handed out at its annual PLANSPONSOR/PLANADVISER Awards for Excellence dinner. The event will be...

Mergers and acquisitions among health care organizations continue to affect not-for-profit health care organizations and their retirement plan investing decisions.

The Securities and Exchange Commission adopted several sets of rules and proposed others related to data collection and reporting for security-based swap data repositories.

The PBGC is revising its premium filing procedures to require reporting of pension risk transfer actions.

Staff reductions over several years must be related to be considered together when deciding if a partial pension plan termination occurred.

The American Academy of Actuaries evaluated how well public and private retirement systems—and proposals to reform them—meet the needs of participants, sponsors and other stakeholders.

In Amara v. CIGNA Corp., an appellate court has once again agreed that a change in plan terms is an appropriate remedy for plan misrepresentations.

In 2015, the question for defined benefit plan sponsors and their advisers will not just be, “What will interest rates do?”

A federal district court has found the defined benefit (DB) retirement plan of Advocate Health Care Network and its subsidiaries is not a “church plan” under the Employee...

The new PBGC Participant and Plan Sponsor Advocate has released her first annual report of issues.