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Employers Let 401(k) Plans Slide, Survey Says Excerpt: "About one-third of 401(k) plan sponsors-advisers change investment options for their employees every two to five years or even less often -- inaction experts called 'unacceptable,' a new survey found. The Cowden Associates Inc. survey of 105 Pennsylvania, Ohio and West Virginia employers found that 30.5 percent of all plans rarely change their options, 33.3 percent change every two to five years, and just 3.8 percent of those surveyed make changes semi-annually." (Pittsburgh Tribune-Review) ICI Submits Testimony on Computer Model Investment Advice Programs Excerpt: "ICI suggested action in two areas as the Department of Labor considers the potential use of computer model investment advice programs in assisting IRA investors, according to testimony provided to the agency on July 31." (investment Company Institute) District Court Declines to Dismiss 401(k) Fee Case Against Lockheed Excerpt: "The Southern District of Illinois has declined to dismiss a complaint that alleges that Lockheed's 401(k) plan permitted participants to pay excessive and unreasonable fees." (ERISA Class Action Watch) New York State Pension Fund One of the Best Funded in Nation, Says Comptroller Excerpt: "State Comptroller Thomas DiNapoli . . . announced that the New York State Common Retirement Fund had a funded ratio of 104 percent, making it the best funded public pension fund in New York State and among the best in the nation." (EmpireStateNews.Net) Letter to the Editor: The Shift to Liability Driven Investing (PDF) Excerpt: "LDI strategies take advantage of the dynamic link between assets and liabilities and can significantly reduce the uncertain impact of the pension plan on the sponsor's financial future." (Global Pensions via Milliman) Issue in brief: Should Public Plans Engage in Social Investing? Excerpt: "This brief explores the current world of social investing, the recent efforts regarding the Sudan and Iran, the likely impact of social investing on the target firms, and the reasons why such activity may be inappropriate for public pension plans." (Center for Retirement Research at Boston College) Newly Posted Events 2007 Fall Tour: Beyond the Essentials: Beneficiary Issues and Answers in Nebraska on September 11, 2007 presented by BISYS Retirement Services 2007 Fall Tour: Beyond the Essentials: Beneficiary Issues and Answers in Nebraska on September 13, 2007 presented by BISYS Retirement Services 2007 Fall Tour: Beyond the Essentials: Beneficiary Issues and Answers in Colorado on September 18, 2007 presented by BISYS Retirement Services 2007 Fall Tour: Beyond the Essentials: Beneficiary Issues and Answers in Connecticut on September 19, 2007 presented by BISYS Retirement Services 2007 Fall Tour: Beyond the Essentials: Beneficiary Issues and Answers in Minnesota on September 19, 2007 presented by BISYS Retirement Services 2007 Fall Tour: Beyond the Essentials: Beneficiary Issues and Answers in Colorado on September 20, 2007 presented by BISYS Retirement Services 2007 Fall Tour: Beyond the Essentials: Beneficiary Issues and Answers in Minnesota on September 21, 2007 presented by BISYS Retirement Services 2007 Fall Tour: Beyond the Essentials: Beneficiary Issues and Answers in Montana on September 21, 2007 presented by BISYS Retirement Services 2007 Fall Tour: Beyond the Essentials: Beneficiary Issues and Answers in Wisconsin on September 26, 2007 presented by BISYS Retirement Services 2007 Fall Tour: Beyond the Essentials: Beneficiary Issues and Answers in New York on September 26, 2007 presented by BISYS Retirement Services 2007 Fall Tour: Beyond the Essentials: Beneficiary Issues and Answers in Alabama on September 27, 2007 presented by BISYS Retirement Services 2007 Fall Tour: Beyond the Essentials: Beneficiary Issues and Answers in Wisconsin on September 28, 2007 presented by BISYS Retirement Services 2007 Fall Tour: Beyond the Essentials: Beneficiary Issues and Answers in New York on September 28, 2007 presented by BISYS Retirement Services 2007 Fall Tour: IRA Essentials in Nebraska on September 10, 2007 presented by BISYS Retirement Services 2007 Fall Tour: IRA Essentials in Nebraska on September 12, 2007 presented by BISYS Retirement Services 2007 Fall Tour: IRA Essentials in Colorado on September 17, 2007 presented by BISYS Retirement Services 2007 Fall Tour: IRA Essentials in Connecticut on September 18, 2007 presented by BISYS Retirement Services 2007 Fall Tour: IRA Essentials in Minnesota on September 18, 2007 presented by BISYS Retirement Services 2007 Fall Tour: IRA Essentials in Colorado on September 19, 2007 presented by BISYS Retirement Services 2007 Fall Tour: IRA Essentials in Minnesota on September 20, 2007 presented by BISYS Retirement Services 2007 Fall Tour: IRA Essentials in Montana on September 20, 2007 presented by BISYS Retirement Services 2007 Fall Tour: IRA Essentials in New York on September 25, 2007 presented by BISYS Retirement Services 2007 Fall Tour: IRA Essentials in Wisconsin on September 25, 2007 presented by BISYS Retirement Services 2007 Fall Tour: IRA Essentials in Alabama on September 26, 2007 presented by BISYS Retirement Services 2007 Fall Tour: IRA Essentials in New York on September 27, 2007 presented by BISYS Retirement Services 2007 Fall Tour: IRA Essentials in Wisconsin on September 27, 2007 presented by BISYS Retirement Services 2007 Web/Telephone Seminar: 72(t) Payments Nationwide on September 25, 2007 presented by BISYS Retirement Services 2007 Web/Telephone Seminar: Conversions and Recharacterizations Nationwide on September 18, 2007 presented by BISYS Retirement Services 2007 Web/Telephone Seminar: Direct Rollovers and Other Portability Issues Nationwide on September 13, 2007 presented by BISYS Retirement Services 2007 Web/Telephone Seminar: Handling IRA Legal Issues Nationwide on September 11, 2007 presented by BISYS Retirement Services 2007 Web/Telephone Seminar: Introduction to Qualified Retirement Plans Nationwide on September 6, 2007 presented by BISYS Retirement Services 2007 Web/Telephone Seminar: IRA Contributions Nationwide on September 27, 2007 presented by BISYS Retirement Services 2007 Web/Telephone Seminar: SIMPLE IRA Plans Nationwide on September 20, 2007 presented by BISYS Retirement Services Cross-Tested Plan Workshop in Georgia on August 29, 2007 presented by SunGard Relius Cross-Tested Plan Workshop in Kansas on August 29, 2007 presented by SunGard Relius Cross-Tested Plan Workshop in Washington on August 29, 2007 presented by SunGard Relius Safe Harbor 401(k) Plan Workshop in Washington on August 30, 2007 presented by SunGard Relius Safe Harbor 401(k) Plans Workshop in Georgia on August 30, 2007 presented by SunGard Relius Safe Harbor 401(k) Plans Workshop in Kansas on August 30, 2007 presented by SunGard Relius Staff Management 101 Nationwide on August 30, 2007 presented by HRTrainingCenter.com Newly Posted Press Releases Hewitt Launches New Tool to Help Companies Quantify Cost Impact of Value-Based Health Care Designs Hewitt Associates LLC Working Mother Magazine and Flex-Time Lawyers Announce the First-Ever List of the 2007 Best Law Firms for Women Working Mother Media pSivida completes recruitment of European Pancreatic Cancer Study Coalition Representing Public Workers Calls Pension Initiative "Mean Spirited and Unfair;" New Proposal Slashes Retirement for Nurses, Teachers, Firefighters and Peace Officers up to 60% Californians for Health Care and Retirement Security (CHCRS) Book Review: Nine Keys to Winning Baby Boomers' Assets at Retirement RetirementDictionary.com Newly Posted or Renewed Job Openings (Post a Job | View All Jobs | RSS Feed ) Associate Consultant, Retirement Practice for The Bostonian Group in MA Benefits Administrator for JPMorgan Retirement Plan Services in IL Client Service Representative - consultation for Union Central Life Insurance, a member of the Unifi Companies in OH Financial Analyst - Pricing for SHPS in GA Defined Contribution Specialist for CAPTRUST Financial Advisors in NC Conversion Manager for Charles Schwab in OH Defined Contribution Plan Administrator for Papalia Retirement Plan Services, Inc. in PA Handy Links:
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