Regional Vice President of Sales The Retirement Plan Company
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Loan & Distribution Specialist AimPoint Pension
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Bates & Company, Inc.
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AimPoint Pension
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Compass
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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5 Matching News Items |
1. |
The Secret World of Marsh & McLennan -- the World's Largest Insurance Broker
BusinessWeek Online Oct. 26, 2004
Excerpt: BusinessWeek has learned that MMC and its executives could face ... further legal and regulatory problems. Spitzer's office is mulling criminal charges against several execs connected with the insurance brokering scandal. It is also looking into whether Mercer, MMC's pension-consulting arm, and Putnam Investments, MMC's mutual-fund company, push clients into buying Marsh insurance products. [T]he Securities & Exchange Commission is probing Mercer's alleged 'pay to play' practices[.]
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2. |
CalPERS Cites 11 Companies on Governance and Performance
Bloomberg Mar. 15, 2007
Excerpt: Calpers, the biggest U.S. pension fund, singled out Marsh & McLennan Cos., Eli Lilly & Co. and nine more companies as failing in corporate governance and financial performance.
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3. |
Mum on DOL Rule, DOL Appointee Andy Puzder's 'Check-The-Box' 401(k) Plan at CKE Restaurants Speaks Volumes
RIABiz Dec. 13, 2016
"[Andy Puzder, CEO of CKE Restaurants Inc.,] generally dislikes anything that'll trouble an employer.... [T]hat attitude may extend to managing 401(k) plans more to the benefit of employers than employees.... CKE has no matching contributions for its 401(k) nor does it have profit sharing.... The plan, managed by Marsh & McLennan Companies arm Mercer Investment Management, has high fees, and company generosity is rated 'poor,' as is the participation rate -- about 10%, which amounts to 2,400 of the company's 20,200 employees."
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4. |
Health Reform: American Businesses Are Critical Partners for Success (PDF)
Marsh & McLennan Companies Feb. 23, 2017
11 pages. "We are on the cusp of a major transformation in how people access care and how care is delivered.... The potential savings are vast, and would help achieve the important goal of expanding health coverage to more people while preserving the employer-based system that Americans value so highly. [This paper presents] four recommendations to achieve these goals: [1] Address healthcare cost growth and avoid shifting costs to private payers; [2] Maintain favorable tax treatment of employer-sponsored benefits; [3] Update health savings account rules; [4] Create a 'President's Healthcare Leadership Council'."
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5. |
Employees Still Invest Their 401(k)s in Company Shares and They Still Sue If the Stock Goes South
CFO Dec. 3, 2004
Excerpt: For Merck & Co., one trigger was the withdrawal of Vioxx from the market. For Marsh & McLennan Cos., it was news that New York State Attorney General Eliot Spitzer had launched an investigation into alleged bid-rigging. And for Delta Air Lines Inc., it was simply investors' belief that management had mismanaged the company. The result for all three companies, however, was the same: after their stock price fell precipitously, employees hit them with class-action lawsuits citing[.]
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