Higginbotham & Associates and Capital Benefits Group have merged operations in a move that creates one of the larger independent insurance and employee benefits firms in central Texas.
The Sacramento Bee reviewed CalPERS' documents to find how pension formulas used in the late 1990s and early 2000s dramatically boosted retirement allowances.
The complaint against the bank alleged Flagstar breached its fiduciary duty by allowing its 401(k) plan to invest in its own Flagstar common stock at a time when bank executives knew such an investment was imprudent.
Retirement plan administrators will face new electronic filing requirements for employee retirement benefit plan statements, returns and related reports under the latest proposed rule from the IRS.
Regulators say advisors should update contingency plans so they can get back to work more quickly following a natural disaster such as Hurricane Sandy.
The U.S. Department of Labor has filed suit against San Franciscos Pacific Bank, alleging the bank, its CEO and three additional fiduciaries of its Employee Stock Ownership Plan mismanaged plan assets potentially resulting in $1.4 million in plan losses.
DebugScreen: mobile
{
"author": {
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"articles": [
{
"uri": "/2013/09/12/texas-based-higginbotham-capital-benefits-group-me/",
"title": "Texas-based Higginbotham, Capital Benefits Group merge",
"byline": "Rebecca L. Olgeirson",
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"prettyDate": "September 12, 2013",
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"authors": [
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"kickerNode": [],
"summary": "Higginbotham & Associates and Capital Benefits Group have merged operations in a move that creates one of the larger independent insurance and employee benefits firms in central Texas.",
"body": null
},
{
"uri": "/2013/09/09/california-pension-payments-doubled-in-14-years/",
"title": "California pension payments doubled in 14 years",
"byline": "Rebecca L. Olgeirson",
"kicker": "",
"prettyDate": "September 09, 2013",
"timeToRead": "2 minute",
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"authors": [
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"name": "Rebecca L. Olgeirson"
}
],
"kickerNode": [],
"summary": "The Sacramento Bee reviewed CalPERS' documents to find how pension formulas used in the late 1990s and early 2000s dramatically boosted retirement allowances.",
"body": null
},
{
"uri": "/2013/09/05/flagstar-bank-agrees-to-pay-3-million-to-settle-40/",
"title": "Flagstar Bank agrees to pay $3 million to settle 401(k) suit",
"byline": "Rebecca L. Olgeirson",
"kicker": "",
"prettyDate": "September 05, 2013",
"timeToRead": "2 minute",
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"uri": "",
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},
"authors": [
{
"webUrl": "/author/profile/rebecca-l-olgeirson/",
"name": "Rebecca L. Olgeirson"
}
],
"kickerNode": [],
"summary": "The complaint against the bank alleged Flagstar breached its fiduciary duty by allowing its 401(k) plan to invest in its own Flagstar common stock at a time when bank executives knew such an investment was imprudent.",
"body": null
},
{
"uri": "/2013/08/30/irs-moves-to-widen-e-filing-requirements/",
"title": "IRS moves to widen e-filing requirements",
"byline": "Rebecca L. Olgeirson",
"kicker": "",
"prettyDate": "August 30, 2013",
"timeToRead": "1 minute",
"image": {
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},
"authors": [
{
"webUrl": "/author/profile/rebecca-l-olgeirson/",
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}
],
"kickerNode": [],
"summary": "Retirement plan administrators will face new electronic filing requirements for employee retirement benefit plan statements, returns and related reports under the latest proposed rule from the IRS.",
"body": null
},
{
"uri": "/2013/08/29/sec-urges-advisors-to-review-disaster-plans/",
"title": "SEC urges advisors to review disaster plans",
"byline": "Rebecca L. Olgeirson",
"kicker": "",
"prettyDate": "August 29, 2013",
"timeToRead": "2 minute",
"image": {
"uri": "",
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},
"authors": [
{
"webUrl": "/author/profile/rebecca-l-olgeirson/",
"name": "Rebecca L. Olgeirson"
}
],
"kickerNode": [],
"summary": "Regulators say advisors should update contingency plans so they can get back to work more quickly following a natural disaster such as Hurricane Sandy.",
"body": null
},
{
"uri": "/2013/08/29/changes-sought-on-403b-irs-plan-rules/",
"title": "Changes sought on 403(b) IRS plan rules",
"byline": "Rebecca L. Olgeirson",
"kicker": "",
"prettyDate": "August 29, 2013",
"timeToRead": "3 minute",
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"authors": [
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}
],
"kickerNode": [],
"summary": "The retirement industry asks the IRS for clarity on severance status and managing non-vested employer contributions in upcoming 403(b) rules.",
"body": null
},
{
"uri": "/2013/08/28/irs-says-st-peters-heathcare-system-is-a-church-pl/",
"title": "IRS says St. Peter’s Heathcare System is a ‘church plan’",
"byline": "Rebecca L. Olgeirson",
"kicker": "",
"prettyDate": "August 28, 2013",
"timeToRead": "2 minute",
"image": {
"uri": "",
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},
"authors": [
{
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],
"kickerNode": [],
"summary": "Because the plan is significantly underfunded, the decision jeopardizes the retirement security of everyone in the plan.",
"body": null
},
{
"uri": "/2013/08/26/court-tosses-investor-case-against-moodys/",
"title": "Court tosses investor case against Moody’s",
"byline": "Rebecca L. Olgeirson",
"kicker": "",
"prettyDate": "August 26, 2013",
"timeToRead": "2 minute",
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"authors": [
{
"webUrl": "/author/profile/rebecca-l-olgeirson/",
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],
"kickerNode": [],
"summary": "Moodys Corp. won a dismissal of a lawsuit alleging the company made false statements about its objectivity.",
"body": null
},
{
"uri": "/2013/08/23/pbgc-to-cover-allied-systems-pension-shortfall/",
"title": "PBGC to cover Allied Systems pension shortfall",
"byline": "Rebecca L. Olgeirson",
"kicker": "",
"prettyDate": "August 23, 2013",
"timeToRead": "1 minute",
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},
"authors": [
{
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],
"kickerNode": [],
"summary": "The Pension Benefit Guarantee Corp. will pay out retirement benefits for more than 650 current and future retirees of Allied Systems Holdings Inc.",
"body": null
},
{
"uri": "/2013/08/23/dol-files-erisa-suit-against-california-pacific-ba/",
"title": "DOL files ERISA suit against California Pacific Bank",
"byline": "Rebecca L. Olgeirson",
"kicker": "",
"prettyDate": "August 23, 2013",
"timeToRead": "2 minute",
"image": {
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},
"authors": [
{
"webUrl": "/author/profile/rebecca-l-olgeirson/",
"name": "Rebecca L. Olgeirson"
}
],
"kickerNode": [],
"summary": "The U.S. Department of Labor has filed suit against San Franciscos Pacific Bank, alleging the bank, its CEO and three additional fiduciaries of its Employee Stock Ownership Plan mismanaged plan assets potentially resulting in $1.4 million in plan losses.",
"body": null
}
]
}
}
