March 1996

Secular Shift?

Last year's rally in large-cap stocks is drawing more cash to index funds.

A Battle of the Injured

GIC holders are pitted against annuitants in the latest battle over what is left of failed Canadian insurer Confederation Life.

What's in a Name?

Employers and employees alike are questioning large mutual fund complexes' investment management fees. And while the big funds still enjoy a host of advantages, low-cost rivals are now appearing to challenge them.

Wandering the Web

A world wide web site is the latest fashion for defined contribution plan providers. For sponsors and participants, these sites promise everything from price updates to educational materials to- soon- online account transfers.

Available on all Channels

Vanguard and Fidelity started out with electronic sites on commercial services like AOL. But after expanding onto the Web, they still find that many participants prefer the commercial sites.


Optical scanners help LA City fund to keep the recordkeeping function in-house


Dow Chemical joins the move to accruing pension benefits more evenly