Banco Popular de Puerto Rico

The Pension Benefit Guaranty Corporation reports that shifting its enforcement policy away from companies unlikely to default on their pensions benefited about 50 businesses by almost $1 billion since the start of a pilot program announced in November.

Last week Richard Stolz in his article, Red Alert for Fiduciaries on Plan Financial Reports properly noted that plan fiduciaries are more vulnerable than ever on a number of compliance matters, including the financial statements included with their 5500 filings.

When small business owners become successful, they become a magnet for questionable deals and speculative investments. So says Bethesda, Md., planner Jeff Leventhal, who has developed a specialized practice serving entrepreneurs.

Despite the progress made through the Patient Protection and Affordable Care Act on health care access, there are challenges to come from health reform, said Rep. Ron Kind (D-Wisc.) Thursday at the AHIP National Policy Forum in Washington.

This week we’ll look at the potential for Medicaid to impact employers, the latest from AHIP on opposition to MLR regulations and a slideshow recap of ASPPA’s 401(k) Summit.

Ford Motor Co., while moving to close a growing deficit in its pension, will shift more of its plan’s assets to fixed income to shield against changes in interest rates.

The experts all seem to agree: 401(k) plans should be set up to automatically distribute small ($5K or less) balances of former employees into IRAs using well established safe harbor procedures.

More than 78% of plan sponsors are planning to maintain their offerings of stable value funds, according to the MetLife 2013 Stable Value Study

California should force state workers to use up their vacation time rather than bank it until retirement, the Legislative Analyst’s Office said after finding the cost to taxpayers has reached a historic high.

The Los Angeles Fire and Police Pension System, with about $15.7 billion in assets, is allocating about $785 million for commodities, its first investment in the asset class.