June 1998

Bound to the Past

The State Street/Pennsylvania case raises questions of how far public pension officials can be bound by agreements their predecessors made

DoL Steps Up Enforcement of 401(k) Rules

Rising complaints from participants prompt the DoL to step up enforcement of 401(k) rules, including new audits, investigations, and lawsuits

Industrial Espionage by 401(k) Vendors

401(k) providers are hiring consultants to masquerade as plan sponsors to get information about their competitors' sales and marketing practices

International Stock’s Comeback

Non-US stock portfolios beat their benchmark in the first quarter, reversing a steep slide. In the US, large-cap stocks again were king